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Accounting

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Effective Financial Management for your Small Medical Practice

Effective Financial Management for your Small Medical Practice

Accounting and Audit, Financial Management, Financial Reporting and Analysis, Tax and ComplianceOctober 20, 2020

Effective financial management is the first step to success for any business, including your small medical practice. Proper financial management…

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Important Distinctions Between Amounts Paid To Business Owners

Important Distinctions Between Amounts Paid To Business Owners

Business Insights, Business Planning, Tax and ComplianceJuly 17, 2019

There are various ways in which owners can reward themselves for their efforts in their business. These different amounts paid…

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Small Business Taxation: The Ultimate Guide

Small Business Taxation: The Ultimate Guide

Financial Management, Tax and ComplianceFebruary 7, 2019

So, tax. The vegetables of adulthood. No one really wants anything to do with them, we are not 100% sure…

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Depreciating Your Assets For Tax Purposes Using SARS Prescribed Rates

Depreciating Your Assets For Tax Purposes Using SARS Prescribed Rates

Accounting and Audit, Financial Management, Tax and ComplianceDecember 10, 2018

Depreciating your assets for tax purposes requires you to use the wear and tear allowance given by SARS. It prescribes…

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How To Start Your Small Business Accounting On The Right Foot

How To Start Your Small Business Accounting On The Right Foot

Accounting and Audit, Financial Management, Financial Reporting and Analysis, Tax and ComplianceNovember 1, 2018

Poor cash-flow is the reason 82% of businesses fail according to Preferred CFO. This is a staggering number, and no…

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Important Accounting Ratios For Small Business Financial Analysis

Important Accounting Ratios For Small Business Financial Analysis

Financial Management, Financial Reporting and AnalysisMarch 14, 2018

Funding is tough for small businesses and start-ups, making proper financial analysis imperative for their success. It’s important to understand…

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Understanding Depreciation and Its Importance For Your Business

Understanding Depreciation and Its Importance For Your Business

Accounting and Audit, Business Insights, Financial Management, Financial Reporting and AnalysisDecember 10, 2017

In accounting, depreciation is the systematic accounting for the reduction in the value of an asset. Depreciation is a very…

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