Accounting & Bookkeeping

The “Accounting & Bookkeeping Archives” page on Practical Accounting offers valuable insights and advice on financial management for businesses. Topics include the importance of finance in business strategy, preparing management accounts, essential KPIs for business strategies, how bookkeepers can support business strategy, updating business planning, and cash flow management tips.

Why Finance shouldn’t be a background activity in your business

Understanding the Shift in Financial Responsibilities Finance is often seen as a back office function, one that operates behind the scenes and has little impact on the overall success of a company. However, this couldn’t be further from the truth. In fact, finance is a critical aspect of any business and should never be relegated […]

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