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THE ROLE OF FINANCE FUNCTION IN AN ORGANISATION The finance function is an important part of any business/organization that seeks to ensure efficient management of financial resources and maintain sustainable
FILING TAX RETURNS IN KENYA Filing tax returns in Kenya is a mandatory obligation for every registered taxpayer. Section 52B of the Income Tax Act stipulates that income tax accrued
THE NEED FOR ACCOUNTING SOFTWARE Did You Know? The first accounting software was developed in 1978 when Visicalc and Peachtree Software were introduced. Visicalc was the first spreadsheet software that
Guidelines for Managing Receivables Chasing unpaid invoices can be a time-consuming, stressful and frustrating process for any business. In addition, mounting debt and unpaid customer invoices can cause cash flow
Optimizing of accounts payable processes can enhance the accuracy of your cash flow forecasts, improve liquidity, mitigate potential funding gaps, and realize higher profits as it increases the efficiency and
Internal Controls in Accounting Are internal controls necessary for my small business? Internal controls are policies are procedures put in place to ensure continued accuracy and reliability of accounting systems.
Benefits of Accounting & Reporting for SMEs One major challenge that SMEs face during start up or growth is access to funding. Accounting and reporting can therefore support SMEs by
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