Why your accounts and tax return are far from boring

Your basic accounts may seem like the least exciting part of your finances but, in fact, they’re the bedrock for your financial management.

In the world of small-business accounting, we’re at an exciting time. New breeds of online accounting software, integrated cloud applications and flexible financial technology (FinTech) tools have brought changes that are fresh and new.

So new, in fact, that the traditional accountancy work, profit and loss reports, tax returns, and what accountants call “compliance work” can seem a bit dull in comparison.

At Comerford Foley we support, use, and love the new technology – and are regularly helping clients with it. But recently we’ve become aware of the reasons that accounts and tax are far from boring – and how this impacts your business.