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Within family businesses, tension can arise if the current leaders are unwilling to relinquish control and the next generation is eager to take the reins. In fact, over the centuries it is precisely these tensions that have seen many family businesses and even personal relationships come to an end. It is for this reason that […]
Did you know that more than 35% of businesses in Europe are using cloud-based accounting solutions? But what exactly is cloud-based accounting and how could it help you to streamline your financial management processes? An Introduction to Cloud Accounting Also sometimes known as online accounting, cloud accounting is a financial information management system that takes […]
Financial statements are important for understanding a company’s financial health. In the UK, they follow strict rules, often based on International Financial Reporting Standards (IFRS). This can make them look a bit confusing if you’re not used to them. But have no fear – for beginners, this guide will help you understand the basic parts […]
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