difference between bookkeeping and management accounting

What’s the difference between bookkeeping and management accounting?

The terms "bookkeeping" and "management accounting" are often mentioned together. While they share common goals in maintaining and analysing a business's financial health, they serve different purposes and require different skills. Understanding the difference between bookkeeping and management accounting is essential for businesses that want to use their financial data effectively.
How bookkeeping can add value to your clients
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How bookkeeping can add value to your clients

Many business owners see bookkeeping as a basic administrative function, but it has become integral to a business's overall success. In this article, Simon Deane, FCA, explores how bookkeeping can add value to your clients and why rebranding your bookkeeping services into a business support solution can be a game changer for your practice and clients.
Transferable bookkeeping skills

Making the most of transferable bookkeeping skills

Hiring or training a bookkeeper can lead to more opportunities for both them and your practice. In this blog we identify different transferable bookkeeping skills and how they can be utlised in your practice.
Onboard new accounting recruits

How to successfully onboard new accounting recruits

Introducing new accounting recruits to your practice can be both exciting and challenging. This guide will delve into the steps necessary to successfully onboard new accounting recruits, highlighting the roles of team members, the trainee’s work expectations, and the essential elements of an effective training programme.
signs bookkeeping isn't for you
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5 signs bookkeeping isn’t for you

Before you dive deep into the layered world of finance, it's worth pausing for a moment of self-reflection. Join us as we navigate through five key signs that bookkeeping training isn't for you.
cost factors of bookkeeping training
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5 cost factors of bookkeeping training

Understanding the cost associated with bookkeeping training is a crucial step in your financial planning - it's a field with high demand and excellent career prospects. But before you sign up for that bookkeeping course, let's uncover the real deal about what affects the cost.

When was bookkeeping invented?

Sometimes it’s helpful to have a stronger understanding of the industry you’re venturing into; history is a great way of doing it. So, what better method than going through a timeline of events? Have a read to find out where things began!
best aat training providers

Best AAT training providers in the UK 2024

Finding the right training provider can be tricky, no matter what your circumstances are. This blog post we have put together aims to provide you with a concise list of AAT training providers in the UK that we think could be a good fit.

Bookkeeper vs Accountant

You might have heard about the roles of bookkeepers and accountants, but what exactly sets them apart? Ben has put together some points to break down the battle between bookkeeper and accountant. Are you ready to get stuck in?
effective communication

5 tips for more effective communication

Communication is a two-way street, and listening is an integral part of effective communication. Check out this article for 5 concise tips that will highlight where to start on the path to developing how you interact with the people around you.