India’s top vegetable oil trade body on Monday asked its members to stop buying palm oil from Malaysia, an unprecedented call aimed at helping New Delhi punish the country for criticising India over its policy towards Kashmir.
Archives for October 2019
Would you choose a bookkeeper or an accountant to do your day to day bookkeeping?
If you decided to outsource your bookkeeping would you choose a bookkeeper or an accountant? It can be confusing because many accountants offer bookkeeping services and therefore are a one-stop shop for your bookkeeping and your tax return or statutory accounts. Bookkeepers provide bookkeeping services (and tax returns in some cases) and do not offer […]
Find and Stop Expense Reimbursement Fraud
What happens when an employee raids the company’s supply closet for their home office? One pen leads to a box of them. Next, it’s a ream of paper (or ten) for their home printer. Boxes of staples and paperclips are sure to follow. There’s the case of missing office supplies, and then there are the […]
China says will work with the U.S. to address each other’s core concerns
Chinese Vice Premier Liu He said on Saturday that China will work with the United States to address each other’s core concerns on the basis of equality and mutual respect, and that stopping the trade war would be good for both sides and the world.
Trump hopes U.S.-China trade deal will be signed by middle of November
U.S. President Donald Trump on Friday said he thinks a trade deal between the United States and China will be signed by the time the Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16 and 17.
Exclusive: Huawei in early talks with U.S. firms to licence 5G platform – Huawei executive
Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive told Reuters on Friday.
IMF sidesteps clash with U.S. over funding, delays shareholding changes to 2023
The International Monetary Fund said on Friday its 189 member countries agreed to maintain the IMF’s $1 trillion in total lending resources while delaying changes to its shareholding structure to as late as December 2023.
Podcast: How to talk to your clients about estate planning & actionable ideas to get started
It’s Estate Planning Awareness Week! And even though the Tax Cuts and Jobs Act doesn’t feel new, its effects are still being felt in many areas of your clients’ financial lives, including their estates. Clients may not know the impact of new and proposed rules on their estates, so now is the perfect time to […]
Bookkeeping for Multi-Location Restaurants
Bookkeeping for a restaurant group that has different locations and different restaurants under it can be tricky. There are tight margins to maintain. In addition, spoilage, theft, and inventory must be controlled to maintain profitability. In order to do this, the books must work like a well-oiled machine. There can’t be any flukes or the […]
What is the difference between cash and accrual accounting?
When keeping your accounts records you can choose whether to record your transactions on a cash or accrual basis so it is important to understand these terms when it comes to understanding your finances as they can each give a different picture of your business for the same period. Recording transactions on a cash basis […]