Financial risk management is a crucial aspect of running a small enterprise. While all businesses face various internal and external risks, the biggest risks facing many small- to medium-sized enterprises (SMEs) are financial. SMEs often possess l...
June 14, 2023
Running a successful business needs accurate financial management, especially when it comes to taxes. While regular accountants can handle general financial tasks, hiring a business tax accountant can significantly benefit your company's financial...
June 01, 2023
Monthly management accounts is a financial statement that provide regular updates on the financial performance of a business or organization. It offers a comprehensive overview of key financial metrics, including revenues, expenses, profits, cash ...
May 16, 2023
To safeguard your wealth and effectively manage your assets, it is crucial for high-net-worth individuals to seek out expert advice from a professional accountant with a specialisation in wealth management. The exact definition of what constitutes...
May 03, 2023
As a business owner involved in eCommerce, it's crucial to have a solid understanding of accounting and bookkeeping practices. Proper accounting is essential for managing your financial records, tracking your business's financial health, a...
April 26, 2023
Record keeping is not something you would really feel up to doing, but as with anything else pertaining to accounts, it is an activity that simply has to be done whether you like it or not. Considering the limited amount of free time business owne...
January 04, 2022
Organising is the key to good management of the books. Unfortunately, that is easier said than done. Bookkeeping is necessary, albeit a tedious function. However the most difficult part of it is that it cannot be put off because you simply cannot ...
December 20, 2021
The role of accountants has diversified quite a lot from what it originally was from more of an orthodox paper based practice to know something that even includes a broader perspective of advisory services. With the introduction of cloud accountin...
December 17, 2021
The year 2021 though off to a rocky start thanks to the persistence of COVID-19 still retains some semblance of hope. Business owners have shown a resilience and touch of bravery that has helped keep the economy from crash landing. In the current ...
February 15, 2021
Accountancy services have evolved considerably from what they were at the start of the year 2020 to what they are in 2021. The Covid 19 pandemic has just completed a year but what a year of tremendous change it has been! Accountancy no longer rema...
January 29, 2021
While keeping the books might not be a task one fancies doing oneself; if the cost attached to it starts seeming significant it would be no surprise to want to amend things a little or seek alternate options. A reduction in operating costs after a...
January 25, 2021
The importance of on-demand access to core financial data has been highlighted by COVID-19. For most of the business leaders, cash flow quickly climbed to the top of the list of priorities as they suddenly needed to develop an accurate forecast fo...
January 22, 2021
Accounting business is the one who often rely upon outdated processes and paper from decades because of which this industry is not known for being technologically savvy. However, due to the pandemic situation, the industry has shifted their gears ...
January 15, 2021
If anything, the COVID-19 pandemic has brought to light the importance of contact. People now want to reduce their contact with objects and thus, going paperless is just a part of it. Along the same lines, it is also important to note that a compl...
January 13, 2021
Accounting is an integral part of any business and it is the backbone of any financial Institution. It is a known fact that Coronavirus has created havoc around the world. Governments of various countries are providing some or the other relaxation...
December 30, 2020
2020 has indeed been a year for change. The changes that we see in 2020 are not only going to affect the way public health and safety is viewed but also the way we work and approach the workplace. A new flexibility has been put in place due to dir...
December 25, 2020
Success is hard to come by most times but an achievement under a situation of duress is what is indeed something commendable. Doshi Accountants has been recognized as one of UK’s top 100 accountancy firms due to undoubtedly one aspect namely...
December 17, 2020
Brexit was definitely going the affect VAT accounting. Probably there is no extension and the transition period will end on 31st December 2020. From 1 January 2021 we need to account for VAT as per the new guidance. Now the simplified rules will n...
December 04, 2020
Certain businesses have different VAT rates to take into account which demands more carefulness compared to those having a single VAT applicable. Building projects can have various VAT rates leading to complicated VAT calculations. As a result of ...
November 30, 2020
Covid 19 has undoubtedly proven that despite our living in the 21st century with all our access to medical facilities and technology; it can simply take one virus to turn everything on its head. However, perhaps it was because of that same technol...
November 13, 2020
Being a landlord is not easy in the UK market as it is booming day by day. But when it comes to your financial matters and the statutory requirements where you are expected to be up-to-date, it suddenly seems more complex than expected. There are ...
November 09, 2020
In today’s scenario, one of the most overlooked versatile skills in the business world is accounting. Accounting is frequently misunderstood by those looking at it. The field of work can be classified as a financial recordkeeping for a busin...
October 26, 2020
There are many different opportunities for any accounting firm to expand their client base – especially among the small businesses. That’s why increasing your client base and improving your...
October 21, 2020
The digital era has emerged over time until now technology has become an almost indispensable part of our lives. With everything from ordering food, grocery shopping, banking and etc going online, is it any surprise if Read more
October 19, 2020
As we are yet to see the full impact of Covid-19, it is obvious that everyone in this economic turmoil is affected and hopeful for the brighter tomorrow. It is seen that millions have submitted their jobless claims, and many economists are forecas...
September 28, 2020
What is Artificial Intelligence:-
Artificial intelligence is about machine intelligence that is proven by machines, instructed by humans and performs actions for a specific purpose. It is basically about learning and pro...
September 25, 2020
Technology+Internet+Innovation= E-Commerce Business! We are in to that phase of life where small to large, manufacturer to trader and local to international all businesses using the technology in their own possible way. Technology has broken the a...
September 21, 2020
Covid-19 has trembled the entire world belligerently. All the economic sectors were deeply affected during the lockdown period and Accounting Business is no more exception to this. Accounting professional deals with client’s financial ...
September 14, 2020
The Covid-19 pandemic has made us realise that when the need for something becomes essential, you are forced to find ways of getting or achieving it. Coronavirus has changed our social as well as our work life. It has adversely affected almost all...
September 11, 2020
The real learning is said to start when we leave our comfort zone. Though a pandemic as severe and all-encompassing as Covid 19 cannot be said to have good implications there are positives that can be found. It might seem cruel to cite positives i...
September 09, 2020
The Covid 19 pandemic has taken the world by storm. As socialising has dipped with a call instead for social distancing, workplaces have found themselves struggling to embrace a new work culture. Work from home is now a necessity as employers stri...
August 22, 2020
As a business owner you have to be very careful while selecting an accountant. If you have the right person looking after your business accounts, only then you can expect right advice whenever the need arises to decide the financial productivity o...
July 11, 2020