Accounting can be a cumbersome task. Keeping track of each and every invoice paid and received can be overwhelming. When the workload of your business is so much that your accounting process is getting ignored, it is time to engage with an external accounting company…

While everyone uses the term “auditing” freely almost every other day, do we really know what it is and what it entails? Here are five things that you most likely didn’t know about auditing: What is auditing? Auditing is an exhaustive investigation of the financial…

What is bookkeeping? Bookkeeping is the process of capturing each and every financial transaction and is a crucial part of accounting in business. Transactions include purchases, sales, receipts, and payments by a business. Why is it important for businesses to…

With 296,000 companies registering for VAT in its first year of implementation, it is safe to say that the VAT application was one of the most significant steps taken by the government to regulate the financial situation of the country. Since it’s implementation on…