Pros & Cons of Euro Adoption
The government’s new target date for Bulgaria’s adoption of the euro (EUR), from 1 January 2025, is the subject of much anticipation and discussion. As a member of the European Union since 2007 and in a currency board environment, Bulgaria is preparing for this moment by maintaining a fixed exchange rate between the Bulgarian lev […]
10 signs that your accounting is not in order and the consequences of it
Maintaining sound accounting practices is crucial for a successful business. If you notice any of the signs, it’s essential to take corrective measures and optimise your accounting to avoid potential serious consequences.
Bookkeepers and Management accountants: Guardians of Financial Integrity
At its core, an accountant is a financial manager. They possess a deep understanding of financial principles, regulations, and reporting standards. Accountants are adept at preparing and analyzing financial statements, managing budgets, and ensuring compliance with tax laws.
Accounting and AI
AI technology has the potential to revolutionize the way financial information is processed, analyzed, and reported, making the accounting and bookkeeping industry more efficient and accurate than ever before.
Fractional CFO?
By using a fractional CFO, organizations can benefit from the expertise and leadership of a seasoned financial professional without incurring the costs associated with a full-time hire.
Business Planning vs. Strategic Planning?
Both business planning and strategic planning are important components of organizational success and are typically used in conjunction to achieve the organization’s goals and objectives.
