Ask most small business owners what their gross margin was last month, and few can answer with confidence. This is not a reflection of poor management. It is simply a consequence of the fact that the only financial information most owners regularly see is a profit and loss statement prepared at tax time, alongside a […]
READ MOREPrepared in association with Eugénie Michael of Eugenie Michael Legal Most small to medium businesses (SME’s) assume data protection and privacy are something only large-scale companies need to worry about, though, this isn’t correct. The digitisation of our business systems and records means that almost every business collects, stores and shares confidential (proprietary) and personally […]
READ MOREby Luke Quinnell From 1 July 2026, new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) requirements will apply to accounting firms, resulting in enhanced Know Your Client (KYC) and Know Your Business (KYB) procedures. As part of these obligations, we may request additional information from both new and existing clients, including: Identification documents (e.g. driver’s licence […]
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