Business Restructuring
Business Restructuring Overview When a corporation goes through a financial distress it may think about working, with its creditors, towards corporate or business restructuring or turnaround, as a [...]
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Guide to Intending Trader Vat Registration in UK
An intending trader is a trader who applies for VAT registration before starting a business or making taxable supplies. A person can register himself as an intender trader but the person has to [...]
Assurance Services: its Significance and Importance
Majority of the modern business are aware of the fact of accounting companies offer valuable advice related to risk management and tax help along with general financial consulting services among [...]
External Audit: Its objective, purpose and importance
The primary purpose of an external audit is to enhance the credibility of a business by attesting to its financial health; for listed companies external auditing drives up its share price as investors [...]
Financial Reporting Advisory Board (FRAB)
The primary purpose of Financial Reporting Advisory Board is to ensure that the Government follows best practices, standards and principles while carrying out financial reporting. Role of the [...]
Statutory Auditors and Auditing in UK
A Statutory Auditor is a person who has the requisite approval to conduct audit of consolidated accounts or annual accounts. A firm that has the necessary approval to conduct statutory edits is called [...]
IFRS and International GAAP
The prime purpose of financial accounting and reporting is to provide valuable and relevant information that is of value and eases the decision-making process of investors, creditors and other [...]
Personal Liability Notice For Directors
Limited Liability Company A limited liability company is easiest to set up and being able to set up a limited liability company quickly, cheaply and easily is one of the prime reasons and incentive [...]
What Does 2019 Have In Store For Pensions?
Year 2019 is likely to bring major changes in the United Kingdom in terms of workplace pension contributions, increase or more support for the self-employed, launch of long-awaited pension dashboard [...]
Paying Yourself as Business Owner
Reason to Start Own Business One of the main reasons behind setting up your own business is to earn profits and even though it is an obvious fact, most of the entrepreneur faces with this question [...]