The world is a fast growing global village and for many companies, surviving this globalization will mean expanding and adapting to different local market. However, economic globalization does not mean language globalization. It includes being flexible enough to anticipate and respond to the needs of local markets while maintaining your global strength. One of the […]
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Voice technology or speaker recognition is the ability of a machine or software to receive, interpret and carryout spoken commands or instructions. This technology is expanding quickly because it is easy to use, feels natural and provides instant answers and information. It is employed by consumers to shop, make reservations, get directions, book travel, etc. To […]
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The 31st of October is generally observed as world savings day during which one celebrates the virtues of savings. On this occasion, the professionals at AccountingLib have put together some tips to help your small business cut costs or reduce expenses and stay profitable. This is what professionals are saying: Reduce Staff Cost and Consider […]
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Getting a tax refund is one of the most exciting topics spoken about during tax seasons. Over our years of experience, we have noticed that every individual thinks that by just submitting their tax returns, they are entitled to a tax refund which is so not true. For this purpose, we would discuss tax refunds […]
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Retiring planning is one of the things that most people don’t consider during their lifetime. Because most people don’t plan for their retirement on time or at all, they have often found themselves depending on others at retirement or working extra jobs to supplement their current income to cover their expenses. Life at retirement can […]
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A company’s public interest score determines the financial reporting standard that a company or close corporation needs to adopt, whether it needs to appoint a social and ethics committee as well as whether the company needs to be audited or simply require an independent review. A company’s public interest score needs to be calculated at […]
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As the economist would say, it depends on the company’s Public interest score. A company’s public interest score determines the financial reporting standard that a company or close corporation needs to adopt, whether it needs to appoint a social and ethics committee as well as whether the company needs to be audited or simply require […]
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One of the questions that we have found many individuals and businesses ask accountants when it comes to loan applications is: What documents do I require to apply for finance? We are going to break it down for you as well as give you some tips you probably didn’t know about. Depending on whether a […]
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Management accounts are a set of financial statements (statement of profit or loss, balance sheet, Cashflow statement) that are prepared throughout the year usually weekly, bi-weekly, monthly, every 3 months, half-yearly or yearly. Although the preparation of management accounts is not a legal requirement, they are the most important tool for decision making as they […]
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