In the world of finance, two terms often used interchangeably are accounting and bookkeeping, but they refer to distinct ...

The next step is to choose which accounting method (single or double entry) you want to use. Once you know that, then decide how you want to maintain your records. The following are the three most ...

A Bury director who failed to produce accounting records and refused to co-operate with the Insolvency Service after his company went into liquidation owing more than £200,000 in unpaid tax has ...

The Bureau of Internal Revenue (BIR) wields significant authority not only to levy taxes but also to investigate taxpayers’ books of account and accounting records. These investigations typically ...