Accounting

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 […]

Over the next few weeks we’ll be posting a series of blogs on some more complex areas of accounting that you may be exposed to. Today, we’ll talk about common accruals and how you post them. Our students are very family with accruals, but for those non-students reading this post, remember, accrued liabilities are expenses

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