On average, HR spend four minutes on each application. That’s why you should make sure your curriculum vitae is setup in such a way that it’s easily skimmable – the best way to do this is with a tabular CV, which covers all your bases. With our free CV template, we’ll show you...
Nowadays, an elevator pitch rarely takes place in an actual lift. But the fact remains that we often face situations in everyday life where we need to present ourselves in a brief and compelling way. Could you pique the interest of a potential employer or investor in under two...
An interview is not an easy situation - neither for the applicants, nor for you as the employer, who ultimately decides who to accept and who to reject. If you have to conduct an interview, you should do it in such a way that you can get as detailed a picture of the candidate as...
In the party scene, you’ve probably heard of “BYOB“ or “Bring Your Own Beer” where guests are expected to bring whatever they want to drink. The term “BYOD” therefore also sounds quite positive. “Bring Your Own Device” means you have the comfort of working on your own laptop...
Good communication is one of the main pillars of productive work environments and this can only be created when colleagues talk to each other in a friendly, constructive way. A company can quickly become more successful than its competitors if everyone, from managing directors to...
Which is better, G suite or Office 365? Both providers offer users a cloud platform with business-ready office and collaboration tools. The pricing is also in a similar ballpark. Entrepreneurs who want to centralise operational work processes with cloud-based applications are...
You’ve made it past the application process and the initial screening and you’ve been invited to an interview. It’s normal to be nervous, especially if you have limited experience in selling yourself. There are a few unwritten rules that apply for all interviews. As soon as you...
Accounting standards are used as a way to unify annual and consolidated financial statements. The standards make statements both more meaningful and easily comparable. Accounting principles exist at both the national and international level. But which standards should be observed? We provide you with an overview of the objectives and functions of commercial accounting, as well as the specific...
All accountable companies have to prepare an annual statement at the end of the financial year, to determine their tax obligations, among other things. A balance sheet is created according to an established pattern and on a fixed date in the year. The profit and loss report is the basis for a balance sheet, which is important for companies because it provides information on its status and...
Most firms organize regular company events - business meals aren’t a rarity either. While selecting the menu plays an important role in the organization of such events, it’s just as important, if not more, to properly record all of your meal and entertainment expenses so that you can file for tax deductions.
Business meals and other such events are a significant part of many businesses day-to-day activities. There are many companies out there that spend a lot of money in order to be able to have a nice setting and atmosphere to conduct meetings with clients. This can be to discuss both current and future projects. However, once the bill comes, there is also the important matter of the entertainment...
Accruals play an important role when it comes to accounting. They are expenses or revenues incurred in a period for which no invoice was sent or no money changed hands. By learning more about accruals and how they work, you can keep track of your company’s finances more easily. This article explains how to calculate, report, and reverse accruals in an easy-to-understand way.
When it comes to running a business, there are few things more daunting and complex than bookkeeping and accounting. This is even more pertinent when dealing with multi-national companies that have interests and investors around the globe. For that reason, there are generally accepted accounting principles (GAAPs) that act as guidelines for writing and maintaining financial statements. But what...
Given its range of functions and complexities, it is perhaps of no surprise that there are multiple approaches to accounting. One such approach is single entry accounting. But exactly what is single entry accounting? What are the advantages and disadvantages of it? Who should use it? How does it differ from the double entry approach? This article answers these questions and aims to tell you...
Cash flow statements provide the recipients of quarterly or annual financial reports with an overview of the company’s use of funds. They help investors assess their financial and economic situation. Depending on the company’s focus, preparation of the cash flow statement must comply with the requirements laid out by the FRC and in the IAS 7. In this article, we give you a short introduction into...
Receipts are among the most important documents in bookkeeping. Bureaucratic processes surrounding holding onto different kinds of receipts, invoices, and documents can seem tedious or even unnecessary. But doing so can pay off – literally. In this guide, we explain why and how to order your documents, the different types of receipts, and the basics of bookkeeping.
Writing sales receipts is becoming easier thanks to the numerous templates on offer. Above all, professional software is designed to make accounting as easy as possible. Your sales receipts will be automatically filled out with the necessary information and can be printed straight away. But why do you actually have to issue sales receipts? And which information is mandatory? This article provides...
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