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Hello world!

  • March 24, 2017
  • by wpcomarm
  • 1 Comment

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

EU VAT CHANGES FOR 2015

  • December 12, 2014
  • by admin
  • 3 Comments

There are two new directives, first for the fast reaction mechanism aimed towards preventing VAT fraud. Second one is for the optional and temporary application of the reverse charge mechanism in relation to supplies of certain goods and services.¬†Quick Reaction…

USES OF FINANCIAL REPORTS

  • December 12, 2014
  • by admin
  • No Comments

Financial statements may be used by different stakeholders for a multitude of purposes.¬†Owners and managers require financial statements to make important business decisions affecting its continued operations. Financial analysis is then performed on these statements, providing management with a more…

FUNDAMENTAL ACCOUNTING

  • December 11, 2014
  • by admin
  • 1 Comment

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…

SAVE ON TAXES

  • December 11, 2014
  • by admin
  • 1 Comment

Value Added Tax (VAT) is a tax on consumption levied in the United Kingdom by the National Government. It was introduced in 1973 and is the third largest source of government revenue after Income Tax and National Insurance. It is…

ACCOUNTING 1 ON 1

  • December 11, 2014
  • by admin
  • No Comments

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…

PROPER INVOICE INFO

  • November 11, 2014
  • by admin
  • 1 Comment

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…