Tag Archives: #AccountingWorld

Accounting and bookkeeping course?

Accounting and bookkeeping course There are various accounting and bookkeeping courses available for individuals interested in pursuing a career in this field. These courses can provide you with the necessary knowledge and skills to perform accounting and bookkeeping tasks effectively. Here are some common types of courses you can consider: Certificate or Diploma Courses: These… Read More »

Q10.26 Interchange of bookkeeping and accountancy: The term book keeping and Accountancy can be used interchangeably ?

 Interchange of bookkeeping & accountancy Interchange of bookkeeping and accountancy Website link Interchange of bookkeeping and accountancy: While bookkeeping and accountancy are related fields within the realm of financial management, they are not interchangeable terms. They refer to distinct activities and have different scopes of work. Bookkeeping primarily involves the systematic recording, organizing, and maintaining… Read More »

Q10.16 Bookkeeping vs accounts payable: What is the difference between bookkeeping and accounts payable ?

Bookkeeping vs accounts payable Website link Bookkeeping vs accounts payable: Bookkeeping vs accounts payable are interconnected yet separate components of financial management within a company. Here are the differences between bookkeeping and accounts payable: Bookkeeping: Bookkeeping is the process of recording and organizing financial transactions in an organized and systematic manner. It involves tasks such… Read More »

Tax planning vs accounting?

 Tax planning vs accounting Tax planning vs accounting: Tax planning and accounting are distinct but interconnected aspects of managing finances. Here’s a comparison between tax planning and accounting:   Tax Planning: 1.Focuses on minimizing tax liability and optimizing tax-related strategies to legally reduce taxes. 2. Involves analyzing current and projected financial situations to identify tax-saving… Read More »