Bookkeeping and Accounting in Collaboration
While it is true that every business requires some level of accounting – to know how it’s performing financially - it is incorrect to...
What are the Accounting Standards?
The accounting standards are principles that guide and standardise accounting practices. The acronym GAAP stands for ‘Generally Accepted Accounting Principles’. It’s a term used...
Accountancy Misconceptions; What Are They?
Accountancy is nothing more than an afterthought for many, and a droll one at that. However, there are many misconceptions when it comes to...
Banking – Part 2: Fundamental Issues in Banking
In part one of our banking series, we scratched the surface on how complicated the sector is. Today we continue in that same vein...
What is Financial Accounting?
For those of you thinking about starting a career in accountancy, you are likely to already be familiar with the topic and what it...
Banking – Part 1: The Financial System
Imagine a writer writing about writing. Confusing, right? The subject of writing is what the writer writes about. Still no clearer? Banks are part...
The Daily Grind of an Accountant
There are many people who are mistaken by the skill and job involvement of an accountant. People are surprised to hear for instance that...
What’s the Difference Between Accounts Receivable and Accounts Payable?
If you’re thinking about joining the accounting profession, you’re more than likely to be familiar with the terms ‘Accounts Payable’ and ‘Accounts Receivable’, but...
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