Category: Accounting | Haystack Africa

Accounting

When do we recognize revenue?

In this post, we’ll talk about every business owner’s favourite account – revenues! All jokes aside, revenues are an extremely important line on your statement of profit or loss and are often first to be examined by readers of the financial statements. For that reason, it is extremely important revenues are recognized appropriately and in …

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An Accountant’s Role in the Year End Audit

Here in Rwanda the deadline for submitting and paying taxes for most companies is 31 March. For large companies, along with their tax filings, they must also submit their audited financial statements. This makes the first quarter of the year a very busy time for all accountants, whether you’re a bookkeeper, internal accountant, consultant, or …

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