Accounting firms have likely worked with many businesses like yours and have seen it all, including the successes as well as the mistakes that other companies have made. This experience makes them well-equipped to apply their knowledge to your business. Mazuma is one of the top online accounting firms in the UK that caters to all accounting needs.

1. A team of accounts can help you through your quarterly tax requirements and annual tax filing.
2. One of the best advantages of working with an outsourced accounting team is that you’ll get access to the most up-to-date accounting software.
3. We give you a team of bookkeepers,...

If a payment hasn’t come in or gone out yet, it won’t show up on the cash flow statement. The P&L statement clearly sets out your company’s earnings versus its losses. It essentially gives an account of the bank balance at the end of a given period, once customers have paid you and you’ve paid suppliers. Any business that wants to survive has to have a plan for accounting. That probably means hiring a professional, but founders also need to know the basics. Even if you haven’t got a clue where to start, you’ll need to...

A TEV, i.e., Techno-Economic Viability, can also be undertaken to get an opinion from the aviation industry experts about the plan’s viability. Risk CategoryRisks are categorized as per the business activities of the organization. They provide a structured overview of the underlying and potential risks faced by them. The most commonly used risk classifications include strategic, financial, operational,...