About the Book

• CHAPTER 1 GETTING STARTED • What is accounting? • Which accounting is for you? • Financial accounting • Management accounting • Financial statement: what does it include? • Which business structure is for you? • Government bodies, registering and filing • Record keeping for Corporation Tax CHAPTER 2 MONEY MATTERS • Use your own money • Family and friends • Borrow from banks by creating a credible business plan • Outside investors to finance your business • Possible sources of finance available to you after the start-up period CHAPTER 3 CONTROL YOUR COST • Keeping track of business cost • Cash Flow Forecast • Budgeting CHAPTER 4 THE BASIC TAX FOR YOUR BUSINESS • VAT • Corporate Tax CHAPTER 5 HOW TO ANALYSE YOUR PERFORMANCE • How to use ratios analysis to identify financial performance • How to Identify and implement your Key Performance Indicator • Balanced scorecard and its usefulness CHAPTER 6 EMPLOYING STAFF FOR THE FIRST TIME • Obtain Employer’s Liability Insurance • Check the Legal Status to Work • Terms and Conditions of the Employment CHAPTER 7 BENEFITS OF VIRTUAL BOOKKEEPING WITH CLOUD CFO IN THE DIGITAL AGE • What is Virtual Bookkeeping? • How They Work? • Benefits of switching to virtual accountants • Is your confidentially being compromised? • Benefits of Having Your Cloud CFO with Virtual Bookkeeping Services

Fire Your Accountant Basic Business Accounting in 7 Days

Fire Your Accountant Basic Business Accounting in 7 Days

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