A profit and loss statement is a precise document that outlines the income and expenditure of your business over a set period. Often produced quarterly and at the end of the financial year, your profit and loss is a clear statement of the financial health of your business. It can be used to analyse the performance of your business activities. What is a Profit and...
If you have been inspired to start your own business, it’s because you have found your superpower and you want to focus all your energy on doing what you do best. The reality is that running a business demands a whole lot more of your time to run the business, which can draw your attention away from developing the dream products or services you have...
Members of the G7 have signed a breakthrough tax reform deal, to establish a minimum global corporation tax, for the first time. The aim of the tax reform deal is to address tax avoidance by some of the world’s biggest multinational trading companies. G7 Summit 2021 The Group of Seven (G7) is an informal club of wealthy “liberal democracies” consisting of Canada, France, Germany, Italy,...
The 3 Biggest Technology Innovations Transforming Accountancy Today – And How Prestige Business Management is staying ahead of the curve Technology has the ability to radically overhaul industries. Our society, in the course of the last century, has experienced radical change courtesy of information technology. Yet, this innovation is continuous and today’s ‘game changers’ are starting to impact how accountancy businesses do their work....
© 2024 — Prestige Business Management Ltd / Prestige Business Management and MLM Accountant are registered trademarks of Prestige Business Management Ltd