Why Your Accounting and Financial Reports Should Cover Longer Periods

27 February 2018
 Categories: Finance & Money, Blog

Financial reports for businesses can be prepared quarterly, every six months or annually.  Below are reasons why it may not be advisable for you to ask your accountiants to prepare quarterly reports about the health of your business. Less Innovation May Take Place Research and development activities usually take a long time to yield tangible results. For example, it is hard to develop a new product for your business within a month or two. Read More 

3 Accounting Issues You Should Evaluate Before Buying a Business

20 December 2017
 Categories: , Blog

Financial records can help you determine the financial health of a business that you wish to buy. It is, therefore, necessary to get a qualified accountant to evaluate these records and help you make the best decision. Below are some of the issues a qualified accountant will help you evaluate. Fair value determination One of the potential pitfalls in determining the health of a business that you wish to buy is understanding how they obtained the present value. Read More 

Does a Small Construction Company Really Need Public Liability Insurance?

5 December 2017
 Categories: Finance & Money, Blog

As the owner of small construction company, you may be wondering whether you really need to have public liability insurance. After all, Australia business owners aren't always required to maintain this type of cover by law -- and it might seem like the type of insurance better suited for large companies with hundreds of employees. Actually, public liability coverage is a wise choice for nearly any business owner, whether small or large. Read More