Bookkeeping

The Significance of Tax Planning in Accounting and Financial Reporting

Bookkeeping, Business, Finance / Richard Tyler

Tax planning plays a crucial role as an essential component of accounting and financial reporting. Businesses can maximise tax savings, minimise tax risks, and ensure accurate and transparent financial statements by strategically managing their tax positions. This article will delve into the significance of tax planning and explore how it can benefit businesses. Furthermore, we […]

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Bookkeeping Vs Accounting: What is the Difference? | Infographics

Bookkeeping, Business, Infographic / ss1d

There is a difference between bookkeeping and accounting. Although both are used in business, but in a different way. In accounting, you keep track of every single financial transaction of a company. Bookkeeping on the other hand is the procedure of segregating and classifying financial transactions that have a direct effect on the financial statement

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