5 Types of financial audits in Singapore
5 Types of financial audits in Singapore Octa Accountants 4 Min Read Dec 27, 2023 Audit & Assurance Auditing is usually referred to as the review of financial statements or reviewing financial statements. These audits can be carried out by the organisation’s employees or external auditors may be hired. The main purpose of it is […]
5 Reasons Why Companies Need External Auditors
5 Reasons Why Companies Need External Auditors Octa Accountants 4 Min Read Nov 9, 2023 Ecommerce Accountants Organisations use external auditors, who are impartial accounting experts or firms, to examine their financial statements, documentation, and accounting procedures. They are not workers of the company they are auditing because they operate independently of it. Their main […]
Chartered Accountant vs. Certified Accountant: Navigating the World of Accounting Designations and Hiring process
Chartered Accounting vs. Certified Accounting Navigating the World of Accounting Designations and Hiring process Octa Accountants 4 Min Read Oct 7, 2023 Ecommerce Accountants In the realm of accounting careers, two notable designations stand out: Chartered Accountants and Certified Public Accountants. While both titles involve the word “accountant,” they represent distinct professional paths with varying […]
A guide on how to get an accountant for your business
A guide on how to get an accountant for your business Octa Accountants 5 Min Read July 10, 2023 Accounting Tips Selecting an accountant is one of the most crucial decisions you’ll make as a business owner. An accountant is essential to maintaining the financial health of your company since they offer insightful advice, ensure […]
5 Best Accounting Software for Enterprises 2023
5 Best Accounting Software for Enterprises 2023 Octa Accountants 7 Min Read Jun 21, 2023 Accounting Tips In today’s fast-paced business environment, the need for effective financial management is critical for the success of any enterprise. Enterprise accounting software provides a solution to manage complex financial processes, streamline operations, and improve accuracy. In this article, […]
Best Accounting Software for SMEs in 2023
Best Accounting Software for SMEs in 2023 Octa Accountants 7 Min Read Jun 21, 2023 Accounting Tips For effective financial administration and precise record-keeping, SMEs need accounting software. It lowers errors and saves time by automating processes like billing, cost tracking, and bank reconciliations. The programme guarantees the dependability and integrity of financial data, empowering […]
Why should SMEs adopt Accounting Softwares?
Why should SMEs adopt accounting softwares? Octa Accountants 5 Min Read Jun 13, 2023 Accounting Tips Sending emails, handling supplier payments, writing invoices, developing procedures, and producing financial reports are just a few of the tasks and responsibilities that come with running a small business. Small company owners must also deliver the goods or services […]
Accounting softwares for small businesses
11 Best Accounting Softwares for Small Businesses Octa Accountants 10 Min Read Jun 1, 2023 Accounting Tips Accounting software enables small business owners to keep track of their payables and receivables, evaluate their profitability, and be geared up for tax season. Small businesses can frequently utilise off-the-shelf accounting software without considerable customization. Accounting software assists […]
Difference between bookkeeping and accounting
Difference between bookkeeping and accounting Octa Accountants 9 Min Read May 26, 2023 Accounting & Bookkeeping Accounting and bookkeeping are two essential components of every business’s operations. Accounting is concerned with the interpretation, analysis, reporting, and summarising of financial data, whereas bookkeeping is limited to recording financial transactions. Both roles assist business owners and CEOs […]
Outsource Accounting Services in the UK – Why, When, & How?
Outsource Accounting Services in the UK – Why, When, & How? Octa Accountants 10 Min Read Mar 28, 2023 Accounting & Bookkeeping Many UK-based small business owners and SMEs are reluctant to outsource accounting services to an accounting firm. Several startup owners manage the accounting by themselves, which helps them save some costs in the […]