Why financial audit is necessary?
Wednesday 24th March, 2021

Why financial audit is necessary?

As anyone in business can certify, money and its use can either break or make your business.  There are various financial statements that businesses produce such as cash flow st...

Why is tax compliance important?
Wednesday 24th March, 2021

Why is tax compliance important?

As a way of fostering economic development and growth, the government requires sustainable sources of funding for public investment and social programs.  The various programs tha...

What is a profit and loss  account
Wednesday 24th March, 2021

What is a profit and loss account

The primary goal of a business is to get profit. However, to keep track of your business profitability, you need a profit and loss account(P&L). The profit and loss account is am...

Understanding the balance sheet
Wednesday 24th March, 2021

Understanding the balance sheet

The balance sheet is one of the key fundamental financial statement of a company. It’s a financial statement that helps analysts and stakeholders in evaluating the financial stat...

Importance of Tax Planning
Wednesday 24th March, 2021

Importance of Tax Planning

THE IMPORTANCE OF TAX PLANNING As a sincere citizen of your country, it is your obligation to pay your taxes.  Throughout your life, there are many taxes that yo...

Importance of bookkeeping
Wednesday 24th March, 2021

Importance of bookkeeping

THE IMPORTANCE OF BOOKKEEPING All businesses and organizations whether small or big need to be alert when it comes to bookkeeping.  In order to track and monitor your finan...