29/12/2023Accountants , Accounting , Business , Pricing Method
Let’s dive into the world of what is credit control in the UK. Credit control is a vital aspect of financial management for businesses across various industries. It involves implementing strategies and practices to ensure timely payment from customers and minimise the risk of bad debts. Effective credit control helps businesses maintain a healthy cash …
Read more
14/12/2023Accountants , Accountants for Contractors , Accounting , Accounting Issues , accounting software , Bookkeeping
Let’s dive into our discussion about what is fair value accounting. It’s an accounting approach that’s gaining traction in the UK and globally. Fair value accounting involves valuing assets and liabilities based on their current market prices, providing a more accurate reflection of their true worth. This method enhances transparency and relevance in financial reporting, …
Read more
13/12/2023Accountants , Accounting , Accounting Issues
Are you seeking facts about what is audit and assurance in accounting? Well, when it comes to financial reporting and ensuring the accuracy and reliability of information, the concepts of audit and assurance play a crucial role. Both audit and assurance engagements aim to provide confidence and credibility to stakeholders, but they have distinct differences …
Read more
12/12/2023Accountants
Let’s dive into the world of insolvency practitioners, what is an insolvency practitioner, and how they can be a game-changer when it comes to dealing with financial challenges. When you find yourself in a tough spot financially, it can be overwhelming and stressful. That’s where insolvency practitioners come in. These licensed professionals are experts in …
Read more
11/12/2023Accountants , Accounting , accounting software
Let’s dive into the discussion about what is forensic accounting. It goes beyond traditional accounting practices by focusing on the detection, prevention, and resolution of financial crimes. In today’s complex business landscape, where financial fraud and misconduct can have severe consequences, forensic accountants play a vital role in protecting organisations and ensuring financial integrity. They …
Read more
06/12/2023Accountants , Accountants for Contractors , Accounting
Let’s dive into the world of accruals and prepayments. These two concepts are fundamental in the realm of accounting and play a crucial role in accurately reflecting a company’s financial position and performance. Accruals and prepayments help address the timing and recognition of revenues and expenses, ensuring that they are properly recorded in the appropriate …
Read more
05/12/2023Accountants , Accounting
Let’s dive into the introduction of our discussion about what is materiality in accounting. Materiality is a principle in financial reporting that helps determine what information should be included in financial statements. It focuses on identifying and disclosing information that is significant enough to influence the economic decisions of users. Materiality serves as a guiding …
Read more
04/12/2023Accountants , VAT
Are you wondering whether can you claim VAT on staff entertainment or not in the UK? VAT stands for Value Added Tax, which is a consumption tax added to the price of goods and services. Value-added tax happens to be a little complex when we talk about the entertainment of the staff members. We need …
Read more
15/11/2023Accountants , Accountants for Contractors
Let’s dive in and talk about why is accounting important in healthcare. In the ever-evolving field of healthcare, managing finances is no easy task. Healthcare organisations face unique challenges when it comes to accounting and financial management. They deal with complex financial data, including revenue, expenses, reimbursements, and more. Talk to one of our …
Read more
01/11/2023Accountants , Accountants for Contractors , Accounting , Accounting Issues
Are you associated with the business world and running your micro company? You must be aware of how to read micro-company accounts. In this guide, we will also explore the benefits of using an accountant to file these accounts in the UK. Moreover, the highlighted details will explain how accountants can ensure accuracy and compliance, …
Read more
Aamara Waqas2023-08-27Caroline Oake2021-11-14James Smith2020-08-11For 15 minutes work Mr Burke started with 150+VAT per hour for two hours to quoting 600+VAT.Maurizio Paolella2019-12-08Reliable professionals - I would certainly recommend.Anna Ruse2019-11-21After meeting Peter Burke at a local Networking group, Cruse & Burke Accountants have been handling my self assessment tax returns, since I started working on a self employed basis over 6 years ago. They are efficient and everything is done quickly and professionally, which is great for me, as I would otherwise not have a clue how to complete them myself. I can definitely recommend their services.Alan Harwood2019-10-22John Agbai2019-06-26Very professional and knowledgeable in all aspects of taxation. A great team to have onside.Simon Piller2019-04-03Susan provides a very efficient payroll service for me.Johanna Cargill2019-01-21Excellent, no complaints. Always willing to help!Rebecca Smith2015-04-20Fantastic customer service, would 100% recommend!!
