Remove accounting and finance Remove chartered accountant Remove Maine
article thumbnail

Assisting the COFA – Part 3

Menzies

Menzies LLP - A leading chartered accountancy firm. Typically for many firms the COFA role sits with the Finance director, practice manager or very occasionally a senior cashier. Your normal Menzies contact will be able to assist with matters to be included within your accounting system notes.

article thumbnail

What’s the difference between accounting and bookkeeping?

Reckon

Much like those people who don’t understand the difference between Aussie rules, league and association football and call them all footy, a number of small business owners use the terms accounting and bookkeeping interchangeably. An easy start is to say that an accountant can be a bookkeeper but a bookkeeper isn’t an accountant.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Spring Budget 2024 – Technology Sector Commentary

Menzies

Menzies LLP - A leading chartered accountancy firm. The government has extended the Recovery Loan Scheme to support SMEs in accessing finance they need, renaming it as the ‘Growth Guarantee Scheme’. Whilst he has not reduced the main rates of CGT, the higher rate of residential property CGT is reducing from 28% to 24%.

article thumbnail

Navigating the New Year Slump: Mastering the Art of Cashflow for Hospitality Businesses

Menzies

Menzies LLP - A leading chartered accountancy firm. Cashflow is critical The main purpose of a business is generally the pursuit of profit, with business owners focusing on levels of turnover and profit and how these can be maximised. As sales dip after the festive season, maintaining cash flow becomes crucial.

article thumbnail

Boosting PT Plastics growth into the UK market

Menzies

Menzies LLP - A leading chartered accountancy firm. Following an introduction to Caroline Milton, Menzies International Manufacturing specialist, PT Plastics outlined their objectives and the challenges they believed they may face by expanding into the UK market with the main issue surrounding the financing of their projected growth.

article thumbnail

UK Manufacturing: Attractive & Stable

Menzies

Menzies LLP - A leading chartered accountancy firm. Skilled workforce One of the main factors that make the UK an attractive location for manufacturing is its skilled workforce. The United Kingdom has long been a hub for manufacturing, with a rich history of industry and innovation.

article thumbnail

What does the Manufacturing sector stand to gain from this Autumn Statement?

Menzies

Menzies LLP - A leading chartered accountancy firm. The Chancellor, Jeremy Hunt, has delivered his Autumn Statement to Parliament earlier, which includes 110 measures for growth across the board.