GUEST BLOG POST: By The Accountants Millionaires' Club

Posted by Heather Townsend on Feb 27, 2019 11:26:02 AM

Should you choose your niche now or later? The ultimate advice for a new accountancy firm

Many accountants know why it’s important to specialise but there seems to be a lot of uncertainty as to when. This article aims to help you decide on when it is best to find your accounting firm niche.  “Should you have a niche as soon as you set up your new firm or should that niche find you over time?”

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Topics: business, Business Accounting, Growth, Grow Your Practice, How to

Follow these Steps to Safeguard Your Accounting Business from the Threat of Cyber Attacks

Posted by Capium on Oct 18, 2017 4:50:00 PM

 

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Topics: business, Business Accounting

Myths About Accounting Firms Preferences of Millennial Business Owners

Posted by Capium on Sep 15, 2017 1:44:39 PM

Millennials are the next generation of decision makers and business owners. They are the representatives of the innovative, tech-savvy and determined generation and are in the process of launching companies or getting their feet in the hierarchy of other businesses. They are now often holding some key decision making positions and also hold the reins in most cases when deciding which accounting firm to choose or shed.

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Topics: Blog, Business Accounting

Top 5 Tax Tips for Accountants to Share with Their Clients

Posted by Capium on Aug 28, 2017 2:25:45 PM

If you are an accountant, you should pass on these tax tips to your prospective and existing clients to help them boost their cash flow and reduce their tax bills.

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Topics: Blog, deductions, accountant, Business Accounting, tax, tax tips

The 4 Biggest Cloud Bookkeeping Mistakes and How to Avoid Them

Posted by Capium on Aug 24, 2017 2:24:38 PM

Technology has completely revolutionized the way we look at things now. And one industry that has changed 360-degrees is the accounting industry. It all started with software coming into the scene of professional accounting and then came the cloud. With the advent of the cloud, the way accounting was done previously has been completely revolutionized. With opportunities also come problems. Here are the biggest mistakes to avoid when you are using a cloud bookkeeping software.

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Topics: Blog, Business Accounting

All You Need to Know: Depreciation of Tangible Fixed Assets Under FRS 15

Posted by Capium on Aug 16, 2017 1:59:06 PM

Depreciation – What is it?

The literal meaning of depreciation is the reduction that an asset undergoes in terms of its value over a period of time. This is particularly related to the wear and tear of the asset. In accounting, depreciation is one of the most important phenomena when it comes to calculating the value of an asset. Depreciation, in accounting, is a method where the cost of the asset is allocated over the time it would remain useful. Businesses need to depreciate their tangible fixed assets for accounting and tax purposes.

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Topics: Blog, Tips and Advice, Business Accounting

Expert Accounting Practice Tips For Small Business

Posted by Capium on Aug 15, 2017 12:00:52 PM

Owning a business can be difficult. From dealing with customers, to keeping an eye on orders and sales, there is a lot on the plate of a business owner. With so much going on, business owners cannot afford to make any mistakes.

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Topics: Blog, Business Accounting

Benefit Your Employees, Your Clients and Your Business by Streamlining Your Accounting Practices

Posted by Capium on Jun 30, 2017 1:08:09 PM

Compliance and technology trends are the hot topics for businesses and therefore, adopting new technologies and making some in-house accounting changes has become necessary to remain competent. Adapting the latest accounting practices not only for the business, but also for the clients. In this post, we aim to talk about the benefits your business, your clients and your employees can reap by streamlining your accounting practices.

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Topics: Blog, Business Accounting

How to Manage an Accounting Business to Get the Most Out of It?

Posted by Capium on Jun 26, 2017 6:54:19 AM

The significance of accountancy for any industry in the world today cannot be undermined. All business and organizations rely on accounting practices and financial information to flourish. Generally, however, most people are not aware of how accounting works and how important it is for the success of a business. Most accounting firms, too, are concentrating solely on dealing with their competitors and are not giving accounting practices the due importance and attention which they deserve.

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Topics: Blog, Business Accounting

Why You Should Shift Your Business to Online Accounting Software

Posted by Capium on Jun 16, 2017 7:53:03 AM

If you are like most people, chances are that you have already heard about accounting software and how beneficial it can be for all types of businesses. Most people, however, are of the belief that there is only one standard type of accounting software which can be used by all businesses and companies. Unfortunately, this is far from the truth. Accounting software comes in a variety of types, most of which are customized to deal with one aspect of the accountancy of a business or firm.

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Topics: Blog, Business Accounting

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