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 &…

IFRS 16 is the result of the joint project initiated by the IASB together with the U.S. national standard‑setter,

Market uncertainties and complexities caused by volatility in macro-economic factors such as crude oil prices, inflation and the unprecedented impact of the global COVID 19..
A closing entry is a journal entry that is made at the end of an accounting period to transfer balances from a temporary account to a permanent account. In summary, permanent accounts hold balances that persist from one period to another. In contrast, temporary accounts capture transactions Sales Forecasting and activities for a specific period and require resetting to zero…

President Muhammadu Buhari, on 31 December 2020, signed the Finance Act 2020 (“the Act” or “FA20”) alongside the 2021 Appropriation Act into law.

The repeal and re-enactment of the Companies and Allied Matters Act, 1990 (CAP C20, LFN 2004) (‘CAMA’) as CAMA 2020 (“the Act”) is a major game changer