Top 4 Services Performed by Chartered Accountants

1. Auditing
It involves the examination of financial statements and generally forms an important part of the work of a practicing CA. All limited companies must have their financial statements audited by an outside CA. The major duties of a company’s auditor are examining and verifying the company’s financial statements; appraising the company’s procedure for collecting, recording and reporting financial information; testing the controls by which the company protects its financial system from frauds and errors; and publishing an independent professional opinion as to whether company’s financial statements give a “true and fair view” of its financial affairs.

Auditing improves the reliability of monetary intelligences organized by an enterprise. By ensuring that the monetary declarations are correct and complete, auditing increase their reliability and usefulness for making financial results by investors, creditor’s, analysts and other usefulness for making economic decisions by investors, creditor’s, analysts and other. Credible financial reports are essential for society to have trust in public companies.

Auditors must be both technically competent in their work and independent of the enterprise whose financial statements they audit. A rigorous system of raining and examination certifies that auditors possess the requisite technical skill but it is not always easy for auditors to be independent of the enterprise that engage and pays them. At a minimum, auditors should carefully avoid transactions and client relationship that could compromise their ability to express an independent professional opinion on its financial statements.

2. Tax Services
Business enterprise has to consider the tax consequences of alternative courses of action. Tax services include not only preparation of tax returns and compliance with tax laws but also planning business activities with a view to minimize the taxes. It is possible to affects considerable savings in tax expense by appropriately arranging one’s business affairs. While evasion of taxes is definitely unlawful, it is perfectly legitimate for everyone to decrease their tax expense. To be successful in tax practice, an accountant should be up to date with changes in tax statutes, rules, notifications and circulars as well as court decision.

3. Management Advisory Services
A Significant part of the revenues of large accounting firms comes from management advisory services, an omnibus term for an extensive variety of consulting activities. These services go beyond the old-fashioned boundaries of accounting and auditing. Consulting Assignments include:
• Recruiting suitable personnel
• Reviewing costing systems
• Helping with the design
• Helping growing companies go public

4. Small Business Services
Many bookkeeping organizations provide a variety of services for small business. Setting up a bookkeeping system, compiling financial statements, preparing budgets and forecasts, assisting the client in obtaining a bank loan are examples of small business services.

Top 5 Reasons Businesses Should Use Banner Stands

If you are a business looking for an advertising medium that is flexible, easy to use and easy traveled with, consider banner stands as options. Below are five reasons why business should use, and do use, these types of equipment for their advertising, promotional and display needs.

They Are Easy to Use

One of the biggest draws of these types of equipment is their ease of use. No matter which one is selected, they offer a huge benefit of being easy to use. There are no technical aspects about a banner stand that need to be learned in order to use them. Every one of them comes with step by step instructions on how to put up properly.

Quick Setup and Take Down

The X banner stand is the most involved of all the banner stand choices and takes a maximum of ten minutes to setup. Once it has been set up a few times by the owner, the time for getting it to setup is lessened.

The L banner stand consists of a base and a back pole. The banner itself is independent of the display and acts as an additional piece to install in order for it to be completely upright and functional.

The retractable roll up banner stand is the least time consuming to setup requiring only seconds. When purchasing the banner and it’s relevant stand as a combination purchase, the banner will be installed onto the retractable way unless the customer specifically requests for it not to be. In addition, if only the retractable banner stand is purchased to be used with an already existing vinyl banner, the customer only has the banner installation to complete before it is usable. Typically, most customers will purchase it and banner combination in order to save money and have a ready to use out of the box advertising tool.

Convenient Traveling

They tend to be very convenient when traveling around. Many businesses travel around to different locations in order to promote their products. Trade show vendors are a common profession that makes heavy use of them. Each one of them is comes with a carrying case and many come with a shoulder strap.

The lightweight compact size makes it where a person can easily carry it over their shoulders and tote along with them. This type of advertising tool does not require any special storage and can fit in even the smallest of cars.

Cost Effective

The cost of a banner stand, out of pocket, is a fair prices and toward the lower end of the advertising budget for most businesses. The amount of use is significant making this equipment an even better investment. Being that they do not have to be stored, they do not incur any additional storage costs. They do not have any special maintenance procedures and they can be used multiple times over and over and even have their graphic switched out for a completely different look.

Long Lasting

The life span of banner stands varies greatly. The factors that affect the lifespan of it include the way it is stored, the use it gets, the conditions it is used in and the overall treatment of it.

In order to get the longest life span from them, be sure to store them where they are not on the bottom of a pile of heavy items. The same is true for when traveling in a car, truck or SUV. Do not place heavy items on top of it to ensure they will not bend, warp or scratch. The higher end types will generally last longer because of the materials they are made out of. Another item to consider is the actual vinyl banner that is being displayed. Retractable roll up banner stands will keep the vinyl banner safe from being ripped.

9 Ways Photographers Can Grow Their Business

Every picture clicked is a memory!

Photographs capture moments and events that make life beautiful. Behind the lens we have the ability to freeze moments in time and share them. And the choices are endless in showcasing your talent to the world. If you can’t select just one place to share, why not use them all? Here are top ways how photographers can grow their business:

Define Your Product and Services

Having a clear identity as a photographer – whether that be stylistically, location-based or subject matter focused – helps you define your niche, position yourself as a go to photographer in that area, and reach a very targeted group of customers. Said one art director from an advertising agency, “Photographers make mistakes when they don’t clearly position themselves. I need to know what type of photographer they are and their style. If it looks like they are all over the place. I can’t be confident that they can do my job well.

Determine Your Market

Who is your audience and what are their needs? Truly understanding your target market, including what they want and obstacles they encounter, can help you hone your marketing message and products to fit their specific demands. It will also help you better assist the benefits of doing business with you and deliver a smarter product or service.

Create a Marketing Plan

One-time marketing efforts rarely pay off. You often need to spread the news about your photography through many channels to get on people’s radars and convert them into paying customers. To get the word out, consider using social media, email newsletters, and participating in trade shows and networking events. Tip: Make a list of your marketing ideas and slot each into a calendar to stay on track.

Focus On Your Finances

Whether you’re full time, part time or a freelance photographer – or even if you make a few bucks on the sided from your photography – you are your own business. This means you need a separate bank account for your business, equipment and liability insurance and a cash flow plan. If this is new to you, we recommend sitting down with an accountant to help wrangle your budget, tax obligations and other financial needs.

Tune Up Your Website

Getting people to your website is hard work. If you site only showcases your photography, you lose the chance to capture a potential client’s information ultimately convert them into a paying customer. Instead, think of your website as a sales and marketing tool where people can easily sign up for your newsletter or purchase prints and products directly online. And don’t forget to include your contact information.

Build Your SEO

The goal of Search Engine Optimisation is to get found online – especially by people looking for your products and services without knowing who you are. Building you on-page content and list of “Backlinks” links from other sites to yours for example can help quickly improve your search engine rankings.

Get Social

A strong social media presence can translate into real exposure for your photography business. Why? Because your website is no longer a daily destination for your customers, whereas sites like Twitter and Facebook are.

Create an Advisory Group

When it comes to self-evaluation, photographers are often too subjective to assess their own strengths and weaknesses. So instead, try soliciting honest feedback from fellow photographers, friends, smart markets, financial advisors and designers about how you can improve your own prospects this year. People are normally glad to help.

Follow Up With Old Clients

Your old clients should be your easiest sale because you’ve already done business together. If you haven’t been in contact with them for a while, reach out and update them on your new projects, products and services. Don’t forget to remind them of how you worked together in the past and where you are located.

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