Therefore, an investment normally qualifies as a cash equivalent https://nerdbot.com/2025/06/10/the-key-benefits-of-accounting-services-for-nonprofit-organizations/ only when it has a short maturity of, say, three months or less. Cash equivalents include bank accounts and marketable securities such as commercial paper and short-term government bonds. The distribution, nature, and magnitude of an organization’s assets, liabilities, and net assets. While sometimes considered an “expense,” this item…

We offer more than just financial statements and reports to our clients. When you use an accountancy practice, they may act as your tax agent, which means that they can deal directly with HMRC on your behalf. This saves the time, stress and costs of managing HMRC enquiries so can be a very valuable service. Differences between Freelance Accountants &…