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When people think about working in accounting, they often imagine years at university, studying for an accounting degree. But is that really the only way to start a career in accounting in the UK? The short answer is: no, you don’t always need a degree. Let’s break it down in simple terms. What an Accounting [...]

If you live or work in the UK, chances are you’ve come across the term HMRC. Whether it’s on your payslip, a tax return reminder, or even when claiming Child Benefit, HMRC has a hand in many parts of daily life. But what exactly is HMRC, and why is it so important? This beginner-friendly guide [...]

Understanding accruals and prepayments is essential in accounting, especially for businesses following the accrual basis of accounting. These concepts help ensure that financial statements accurately reflect a company’s financial position by aligning revenues and expenses with the periods they relate to, rather than when cash is exchanged. In this guide, we will explore the concepts [...]

If you're currently working as a bookkeeper and looking to advance your career, transitioning to chartered accountancy is a great option. Becoming a Chartered Accountant (CA) in the UK can open doors to higher salaries, greater job opportunities, and professional recognition. In this guide, we'll explore how to make the transition, including the role of [...]

Forensic accounting is often described as the intersection of accounting, investigation, and law. It's a field that goes beyond the numbers, delving into the world of financial crimes and disputes, making it one of the most exciting and dynamic careers in the accounting profession. What is Forensic Accounting? Forensic accounting involves the application of accounting [...]