Author: Kevin Senior
How do you keep auditing smaller businesses?
Starting in this current tax year, the threshold for mandatory audits has been significantly increased. Previously, companies with a £10.2 million turnover or assets worth £5.1 million were subject to mandatory auditing. Now, only companies with a £15 million turnover or assets worth £7.5 million will be required to get audited. This signals a major […]
Read More
Knowledge management – The most important part of payroll
Behind every payday lies a wealth of data. Employee records, timesheets, tax codes, contracts, benefit schemes, legislative updates, etc. Whether you’re handling payroll for one business or hundreds of clients, the ability to process payments accurately and on time hinges on how effectively you manage all this information. It’s not enough to simply store documents […]
Read More
How to make your firm stand out
The accountancy market is highly competitive – perhaps more so than ever. Firms are vying for the same clients, offering similar services, and struggling to differentiate themselves in a profession where expertise and compliance are the minimum expectations. So, to stand out, you have two choices: For many, the challenge is that your core services […]
Read More
How do you protect your clients’ sensitive data?
Traditional data-sharing methods leave businesses vulnerable to security breaches, lost information, and non-compliance with stringent data protection regulations. That might include: However, under the UK GDPR and the Data Protection Act 2018, firms are legally required to protect personal and sensitive data. This includes implementing security measures that prevent unauthorised access, ensuring data is stored […]
Read More
What is a tech stack and does your firm need one?
It can often feel like you need a degree in IT just to keep up with the latest trends in technology. However, a stable and properly constructed tech stack can make managing your digital tools easier. If you’ve ever found yourself juggling multiple platforms, wondering if there’s a better way, the answer might be a […]
Read More