When the boss leaves, do the other directors have to take responsibility?
After several years of being hit hard by the pandemic and slow economic recovery, many small and medium-sized enterprises are facing financial difficulties.
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Key to Renewal of Lawyer’s License: Choose the Right Accountant
Every year, lawyers must submit an Accountant’s Report for license renewal, which is verified by an accountant to ensure that the lawyer’s office has not misused client funds. The rules and regulations of the Law Society are extremely strict, every cents need to record properly without delay. Otherwise you may be caught off guard at any time!
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Don’t Fall into the Trap of Money Laundering! Are Domestic Helpers Easy Targets?
Money laundering is the process of making illegally obtained money appear legal through various means.
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Bookkeeping, Monthly Closing vs. Year-end Closing, is there Really No difference?
Is a company’s bookkeeping only for the purpose of tax reporting? Actually, the accountant’s bookkeeping is a critical oversight of the company’s operations. Thinking that yearly bookkeeping can save a small amount but may result in a big loss at any time!
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Debt doesn’t necessarily mean bankruptcy! Here are some rethinking
“Debt payment is a sacred obligation.” But where did the debt come from? Do you have an idea? Let go of the inherent notion that being chased for debt and being unable to repay means applying for bankruptcy.
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‘Troubleshooter’ Accountants – The Insurance Industry”
The insurance industry has a low entry barrier and is a popular career choice for those seeking high earning potential and career growth opportunities.
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Partners are always earlier to success?
On the road to business success, you will meet many people. Business partnerships thrive on mutual benefit and mutual interest, and if you are not compatible, it is best to walk part ways.
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Can’t get a mortgage for a haunted house?
Most people avoid haunted houses, but there are also those who fear nothing except not being able to purchase a property within their budget, even if it happens to be a haunted house.
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The Latest Trend in the Post-Pandemic New Normal: Rise of Experiential Services
Starting from April 2023, the fee for a one-year Business Registration Certificate (BR) will beincreased from the HKD $250 to HKD $2,150. While the cost increased may not deter aspiring entrepreneurs, it indicates that the government expects the economy to return to normal soon and will phase out post-pandemic support for various industries.
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Accountants are “problem solvers” – Healthcare Industry Edition (Part 2)
“Every family has its own problems, and every industry has its own difficulties.” Taking the healthcare industry as an example, doctors use their hands to practice medicine and diagnose patients, but they may not be adept at managing their business. A senior accountant can act as a “problem solver,” assessing the situation, identifying potential issues early on, and preparing for the future, which can help avoid taking unnecessary detours.
