The management of a company’s fixed assets consists in administering the assets intended to serve the company sustainably. It brings goods into conformity and anticipates the financial impacts. Often associated with the end of the financial year, inventory work on fixed assets is a legal obligation. Indeed, it is an exercise that requires a certain…
A business with order has an operational advantage to stand out among its competitors. The business plan is a key piece for any business or undertaking, and its teams or areas since it precisely provides order, control, and visualization in the medium and long term of what you are looking for, how you will do…
Imagine that you need to walk a distance of 1 km into a forest as quickly as possible. However, your eyes are blindfolded. You then get scared and end up going slow. And when you accelerate, you trip on a rock and hurt yourself. In the end, a distance that could have been covered in…
Any company that aspires to grow over time needs to have its accounts in order from the first day of operation. It even requires an external accountant before its formalization; to have the business on track before starting its operations. Entrepreneurs often make the mistake of thinking that they do not need to hire an…
Not so long ago, the outsourcing of accounting services was reserved for large companies. But technological advancement has completely changed the game. Currently, a whole wealth of companies of various sizes are becoming familiar with this type of service. Small businesses Accounting service is suitable even for small businesses. If you’re a small business owner…
Starting a business, the manager begins to attract familiar accountants to his team or hires an employee for the position of accountant, even worse, he can do accounting on his own. In addition to the fact that there are many new unfamiliar points in business that need to be studied, a lot of time is…
Compliance is no longer an issue that only affects large and often public companies. Even small and medium-sized companies must consider and comply with the compliance guidelines. Because the legislator makes no distinction here depending on the size of the company, compliance violations can also cost small and medium-sized companies their existence. Although awareness of…
Careful corporate governance today must include ensuring compliance with applicable rules and regulations. The management is therefore responsible for the implementation and control of necessary compliance measures. In the event of a negligent breach of this duty of care, CEOs, board members, managing directors, managers and senior executives themselves can also be held liable. A…
Only an entrepreneur knows how difficult is to maintain the company’s accounts. Making sense of those numbers proves to be time taking and irritating to many. Currently, it is not surprising to note that SMEs have chosen accounting, on the one hand, to reduce internal personnel costs and on the other hand, to gain much…
Accounting is a cycle that starts from recording transactions to obtaining financial data and then processing it in such a way as to become financial information that can be easily read and understood by people who need it. Financial information from the accounting cycle is contained in a financial report which will later be used…
