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8 Benefits of Forensic Accounting

Today, fraud is an ever-present problem that people and businesses are dealing with on a day to day basis, sometimes without even realising it. Since the development of the internet, fraud has become increasingly easier to do and, therefore, more and more common. There are laws and policies designed to stop fraud from happening, but the reality is that more needs to be done if people actually want to have any hope of getting ahead of it. One option to successfully avoid the damaging effects of fraud is utilising forensic accounting, which will help you ...Read More

Is Accounting Hard? 6 Myths and their Realities

Accounting may seem difficult, sometimes it is not clear for non-practitioners. It is the type of job where some say it is hard and other say it is easy. It makes us wonder, is accounting hard? Accounting is not hard for those who exert extra effort and time. Accounting is manageable for those who are ready to sacrifice their life outside work during the busy season. If you can adjust to the conditions and requirements needed in accounting, it's not going to be that hard for you. Attribution: The icons has been designed using ...Read More

October 3, 2020|Accounting Discussions, Guides|

What Is a Personal Accountant? 10 Things They Do For You

Managing your finances is important. At some point, you may have wondered if you need a personal accountant. Well, you're not legally required to have a personal accountant. However, having one makes it easier to track your money and ensure that you're making sound financial decisions. In general, a personal accountant will do your bookkeeping, help you pay bills, prepare your tax returns, and check whether your bank and credit card statements are accurate. These are things that can be very costly if you fail to do. Take your credit and bank statements, for example. ...Read More

October 2, 2020|Accounting Discussions, Guides|

6 Reasons Why Accounting is the Language of Business

Warren Buffet is often associated with describing accounting as the language of business. Just like any other type of language, accounting plays an essential role of communicating financial information Source: CNBC Accounting is known as the language of business because it serves as the mode of communication that is used to pass on information in the business world. Businesses deal with their investors and creditor whose vested interests are based on the ongoing success of the venture. If any type of business is unable to meet its obligations, it will have no choice but to ...Read More

September 29, 2020|Accounting Discussions, Guides|