Financial reports are important tools for managing and understanding the financial health of your business. Sometimes referred to as ‘management accounts’, they…

Assets are things your business owns which have or generate value. The value they add to a business means they’re often crucial…

Everyone makes mistakes sometimes, and even important records such as your VAT return can be affected if inaccuracies creep into your figures….

Knowing what your business is worth at any one time can be incredibly useful, helping you understand how to add more value…

Tax evasion, tax avoidance and tax planning. They’re all probably terms you’ve heard before, usually in a news story involving celebrities and…

Having cash in your business doesn’t just mean physical notes and coins. In accounting terms ‘cash’ also refers to any other money…