Finance & Accounting

Accounts payable (AP) refers to the money your business owes to suppliers, vendors, or creditors for goods and services purchased on credit. It’s a critical

Small and Medium-Sized Entities (SMEs) often face challenges in financial reporting due to complex accounting standards. They often follow local standards, GAAP accounting principles, and

Launching a new business is exciting, but it comes with its set of challenges. Needless to mention, one of the most vital aspects of running

Liabilities are a fundamental part of a company’s financial structure that appears on the balance sheet as obligations that must be settled in the future.

Internal Audits are not just a box-ticking activity. While some may question the essentiality of these audits, these audits serve a very important function and

As a business owner, you invest in machinery, company vehicles, and even office equipment to run your business. With time, these assets start to lose

The accounts receivable process serves as the backbone of any business’s financial health. It directly impacts your ability to operate and grow. Ensuring that customers

If you have employees, review your employees’ payroll records to ensure they are paid correctly and the records comply with tax laws. Resolve all potential discrepancies in wages, taxes, or benefits.

Financial statements play a crucial role in managing your business’s health. Whether it’s disclosures, balance sheets, or income statements, accurate financial reporting is essential for

Wrap up your year with confidence. We bring to you a quick accounting and bookkeeping checklist that can not only help you end the current