Tag: local accountant

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Autumn Budget 2024: What can small businesses expect?

Autumn Budget 2024: What can small businesses expect? | 2-minute read What is the Autumn Budget? The Autumn Budget is an annual financial statement delivered by the UK Chancellor. It provides an overview of the government’s spending plans, revenue streams, and overall economic strategy for the coming year. This year, Chancellor Rachel Reeves will deliver…

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Ethics and AI in Accountancy

Ethics and AI in Accountancy | 2-minute read As AI becomes more prominent in the world of accountancy, it’s important to consider the ethical obligations and dilemmas. This blog will explore the ethical considerations that arise when integrating AI into the accounting profession and will highlight the importance of human oversight to maintain ethical standards….

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How To: Implement AI in Your Accounting Practices

How To: Implement AI in Your Accounting Practices Implementing artificial intelligence (AI) in your accounting practices can revolutionise your business, enhancing efficiency, accuracy, and operational quality. By automating repetitive tasks and leveraging data-driven insights, AI empowers accountants to focus on more strategic and value-added activities. However, starting your AI journey can feel overwhelming. Where do…

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Outsourced accounting misconceptions

This blog will address outsourced accounting misconceptions.  Outsourced accounting is a great way to improve efficiency and streamline operations. It provides businesses with peace of mind that their accounts are being taken care of and allows companies to grow at an accelerated pace. However, despite its popularity there are some misconceptions and myths around outsourcing…

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Invoicing tips for small businesses

Keep reading to discover how our invoicing tips can help your small business maximise cashflow. Small businesses and small business owners need to create and issue invoices to ensure they get paid by customers and clients. Invoicing and billing are crucial to the success and stability of a small business. Incorrect or late invoicing can…