Consider this: you need to make a business investment to increase the reach of your client services, but your accounting is not updated and you are unable to provide the financial details needed by the lender. Every business, regardless of the services it offers to clients, needs to have its accounting function in place for...Read more
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For business owners who are on the verge of expanding their business, it is logical to avail of the services of accounting firms to help them manage their company's financial health. As companies face bigger challenges in terms of expansion, additional staff and geographical restrictions to compete in the global arena, many companies, especially family...Read more
A business may see its proposal for a business loan rejected in spite of the business itself exhibiting signs of growth. The reason cited is the company's incomplete or inaccurate accounting statements. Accurately audited financial statements are a good sign of the economic health of any company and sway the lending rate in favor of...Read more
Role of Accountancy in Organization: While you are in an organization and doing business then, it becomes necessary to invest the capital. However just investing the capital is not enough but it needs to be managed periodically. It is important to note the various expenditures that take place regularly externally as well as internally in the...Read more
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