January 4, 2020

EU VAT Changes for 2015

There are two new directives, first for the fast reaction mechanism aimed towards preventing VAT fraud. Second one is for the optional and temporary application
January 4, 2020

Uses of Financial Reports

Financial statements may be used by different stakeholders for a multitude of purposes. Owners and managers require financial statements.
January 4, 2020

Fundamental Accounting

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting.