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For most entrepreneurs, the mere thought of taking part in managing their company’s books of accounts churns their stomachs. And if you dread it too, don’t panic, you’re not alone. Bookkeeping is perhaps one of those areas some business owners like to keep off and wait...Read More
One of the most effective ways of minimizing the risk of fraud is through outsourcing your bookkeeping and control functions to an experienced professional. This ensures that every transaction is checked for accuracy. Outsourcing the bookkeeping function requires you to seek the services of a...Read More
Imagine looking at your debtors’ list and noticing figures that are a couple of years old, amounts with mysterious account names, abnormal credit balances and so on. These are red flags and an indication that your accounting books may not be in order. Improper bookkeeping...Read More
Businesses can only survive if they cash in more money than they cash out. Accurate financials allow businesses to know whether or not that’s happening and a lot of other essential business information. In addition, a company’s financial information provides vital parameters that investors, creditors,...Read More
We’ve come across a number of businesses at a critical stage of their growth – a stage where the revenues start surpassing the set targets and everything seems to get overwhelming for their lean teams. At that point, business owners always realize it’s time to...Read More