How to Calculate Annual Turnover
Your annual turnover calculation is an essential part of your statutory accounts because it tells you what your total sales have been over the past 12 months. The annual turnover of your company is an important measurement of its performance. What Does Annual Turnover Mean? Annual turnover is the total value of everything you sell […]
What is strategic management accounting?
Strategic management accounting supports sound business decision-making by providing ongoing data and analysis of management accounts.
Are company share schemes worth it?
Company share schemes allow businesses to reward and incentivise their employees. They help companies attract and retain top talent in competiive marketplaces. While for employees, they offer the potneial of reaping the rewards of future business growth.
Tax-advantaged employee share schemes
Companies use tax-advantaged employee share schemes to reward and incentivise workforces. For less well-established enterprises, they are an effective tool in rewarding talent, especially in circumstances where the money isn’t readily available for large salaries.
EIS and SEIS relief for investors
EIS and SEIS schemes are designed to help SMEs and startups attract private investment. They do this by offering various forms of tax relief to investors.
How to Raise Capital with EIS/SEIS
If your company is eligible for either EIS or SEIS, how can these schemes help you raise capital? Find out how.
How to Prepare Management Accounts in Xero
Xero is a versatile and adaptable cloud accounting platform, and you can use it to prepare management accounts.
Increasing cash flow with R&D tax credits
A common issue for startup and tech companies is raising capital. One way to help aleviate this problem is by applying for R&D tax credits.
Management Accounting vs Financial Accounting
Management accounting is no less essential than financial accounting, but it is not the same thing. Management accountants look beyond figures and adds value to businesses through expert advice and support.
Why Do Management Accountants Need to Understand Company Strategies?
Understanding company strategies is fundamental to how management accountants work. The information and analysis management accountants provide ensure companies make informed decisions.