About Me

Counting Together: The Benefit of Visiting an Accountant

Hello, my name is Paul. I live with my wife and child in Western Australia. While I love operating my small business, I do not love keeping the books in order. For a long time, I tried to do the accounts myself. I thought I was doing a pretty good job. However, when I got a call from the tax office saying they would like to conduct an audit, my heart skipped a beat. I was really worried they would find an error and that I would end up in serious trouble. My friend recommended an accountancy firm. I contacted them and they went over my books to make sure they were in good order. They also taught me some great bookkeeping skills. This blog is designed to help others avoid the mistakes I made.

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2023

Accounting Services: An Essential Guide for Businesses
Navigating the financial landscape of running a business can be challenging. Fortunately, professional accounting services exist to manage this complex area, offering expertise and guidance. This blog post delves into the breadth of accounting services, shedding light on their importance and varied responsibilities. The Scope of Accounting Services Accounting services play a pivotal role in business operations, encompassing a broad range of tasks: Bookkeeping: This fundamental service involves recording all financial transactions, including sales, purchases, and payments.

How a Tax Accountant Can Help You Sell Your Small Business
Selling a small business can seem overwhelming, especially if you're not familiar with the process. Knowing where to start, what to do, and who to turn to for help can be difficult. While many professionals can assist you when selling a business, one that often gets overlooked is a tax accountant. So, why should you engage the services of an accountant if you're in this position? Valuation One of the first things you'll need to do before selling your business is to determine its value.