I have been advising business for 20 years and I can say with confidence that employee fraud occurs in over 90% of companies. Granted, the level of fraud varies but remarkably some company directors even tolerate it. I will later describe different types of employee fraud, but first I want to describe to you what …
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Forming a working relationship with your accountant, either as a business owner or as an individual who wants to take control of your financial future, is perhaps one of the most important partnerships you can build. Unfortunately, a lot of people fail to do this and only spend a few minutes talking with their accountant …
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If you don’t have financial controls in place, it’s not a question of whether people will steal from you, but when. The best way to ensure that your company won’t suffer from property or financial loss is to be savvy. As the old adage says, an ounce of prevention is worth a pound of cure. …
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Ireland is a great place to do business, we have the fastest growing economy in the EU, a young talented and highly educated workforce, low cost economy and we are ideally positioned to trade into the US, EMEA & EURAISA. On top of this Ireland is very PRO Business and offers many supports to companies …
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If you don’t keep track of how much money you’re making, you have no idea whether your business is successful or not. You can’t tell how well your marketing is working and how your business is performing in general. And I don’t just mean you should know the amount of your total sales or gross …
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Some business owners choose to create partnerships or limited liability companies instead of a corporation. A partnership can also be called a firm, and refers to an association of a group of individuals working together in a business or professional practice. While corporations have rigid rules about how they are structured, partnerships and limited liability …
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Accountants and auditors help to ensure that the Nation’s firms are run efficiently, its public records kept accurately, and its taxes paid properly and on time. They perform these vital functions by offering an increasingly wide array of business and accounting services, including public, management, and government accounting, as well as internal auditing, to their …
Read MoreStarting a new business means embracing new challenges. Embracing new challenges presents an opportunity for success and rewards. However, in order to be successful and achieve rewards you need to do things properly and strategically. Forming a company requires time and effort and numerous elements need to be considered when looking to start up a …
Read MoreThe Companies Act 2014 is the single biggest piece of legislation enacted in the history of the state. The commencement of the Act on the 1st of June brings over 15 years of consultation, preparation and work to a conclusion. This significant change impacts directly on SME companies and their directors. How does the Act …
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