When accountants report: Importance of deadlines

In this article, we look at when and how accountants report and why meeting deadlines is so important. Reporting plays a key role in businesses of all sizes, providing financial transparency and enabling informed decision making. For accountants, reporting is an important part of their professional life. Importance of reporting Reporting is a systematized data […]

Why Accounting is a Demanded Profession: Key Aspects of Significance and Relevance

In this article, we will look at the key aspects that support why the accounting profession continues to be the center of attention in today’s business world. In today’s reality, where technological change dictates new rules of the game, one profession remains unwavering in its importance and relevance – that of the accounting profession. Despite […]

Which accountant is most in demand: Skills and Requirements

In this article, we will review the key characteristics that the most sought-after accountant should possess. We will consider not only technical skills, but also the qualities that make an accountant a reliable partner in business development. Let’s dive into the world of accounting expertise and identify what aspects have made certain professionals in demand […]

What kind of business to open in Estonia: Perspectives and Recommendations

In this article we will look at the important aspects and prospects of starting a business in Estonia. Estonia is known for its innovative approach to business environment, digital technology and simple company registration procedures. The small but dynamic country offers a wide range of opportunities for entrepreneurs from various industries. Whether you are a […]

Accounting programs in Estonia: Features and Advantages

In this article, we will look at a variety of accounting programs offered on the Estonian market. Business requires efficient accounting and analysis of financial data, and choosing the right accounting software becomes a strategic step for every company. We will look at popular solutions that have a variety of functionalities and are customized to […]

The importance of outsourcing accounting for small businesses

In this article, we will look at the importance of outsourcing bookkeeping for small businesses. We will discuss the benefits of outsourcing such as reducing costs, improving the quality of accounting services and focusing on the core business operations of the company. You will learn how to choose and partner with outsourced accounting services and […]

The role of accounting statements in management decision making

In this article we will consider the role of accounting statements in the process of making managerial decisions. We will discuss what financial indicators should be analysed to assess a company’s financial health, profitability and efficiency. You will learn how to use accounting statements to make informed and strategic business decisions. Accounting reports play an […]

Basics of tax accounting: important aspects for business

In this article, we will look at the basics of tax accounting and important aspects that businesses should consider. We will discuss topics such as calculating tax liabilities, accounting for tax credits and allowances, and correctly completing tax returns. You will gain an understanding of basic tax principles and learn how to ensure tax compliance. […]

How to prepare for an audit: practical advice for companies

In this article, we will discuss how to properly prepare for a company audit. We will discuss the importance of maintaining neat and systematized financial records, as well as some practical tips on how to prepare for a meeting with the auditors. You will receive useful guidance on reviewing and preparing documents, as well as […]

Basic Accounting Principles: Keeping Accurate Financial Records

In this article, we will look at the basic accounting principles that must be followed to keep accurate financial records for a company. We will discuss principles such as the double entry principle, the principle of valuation of assets and liabilities, and the principle of maintaining continuity of accounting. You will learn how these principles […]