Accountancy News

Laura Stanton Laura Stanton

Introduction to Cash Flow Management

Discover essential strategies for managing cash flow in small businesses. Learn how effective cash flow management can ensure liquidity, stability, and growth. Avoid common pitfalls and implement best practices to keep your business thriving

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The Role of Financial Audits in Enhancing Business Transparency

Learn the benefits of financial audits beyond mere compliance, from uncovering cost-saving opportunities to promoting regulatory adherence. Barnstone Accountancy offers bespoke audit insights to propel your business forward. Click to understand the essence of financial audits and their significance in today's business environment

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Navigating UK Tax Laws for Small Businesses: Essential Tips

Running a small business in the UK is an exciting and rewarding endeavour, but the journey can be intricately entwined with the complexities of UK Tax Laws for Small Businesses. These laws, while crucial for the stability of the economy, can often feel like a labyrinthine puzzle for new and established businesses alike. That's where Barnstone Accounting steps in. Our bookkeeping and tax services will help to guide you through the intricacies and ensure your business stays on the right side of HMRC.

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Laura Stanton Laura Stanton

Understanding the Difference Between Bookkeeping and Accounting

At the heart of any robust financial system lies bookkeeping, the recording of financial transactions. Bookkeepers serve as the custodians of financial data, documenting day-to-day transactions. Their responsibilities encompass tracking income and expenses, reconciling bank statements, and maintaining organised ledgers. Bookkeeping provides the structure, ensuring that a business's financial records are accurate, up-to-date, and compliant.

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Accounting Accounting

What to Consider Before Hiring a Business Accountant

Process of choosing and hiring the right business accountant is a crucial decision for any business. The ideal accountant for you will do more than just manage books or prepare taxes; they can become an important strategic partner in your business's growth. From assisting in financial management to advising on tax obligations and helping to steer business strategy, the right accountant can be a cornerstone of your business's success.

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Bookkeeping Bookkeeping

Avoiding Bookkeeping Blunders: Why Outsourcing is the Key

Book keeping is an essential aspect of any business, as it involves the systematic recording, organising, and analysing of financial transactions. All businesses need to keep track of their income and expenses and if you don’t keep on top of your cash flow then sooner or later things will get very messy and problematic. Book keeping services give you a reliable measure of the performance of your business and provide valuable insight that can inform your strategy going forward.

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Accounting Laura Stanton Accounting Laura Stanton

Why Outsource Payroll?

Payroll is a critical function for any business, but it can also be time-consuming and complex. This is especially true for businesses that are still learning the ropes of payroll, or for ones that simply don’t have the time to deal with it themselves.

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