Accounting Advices 

Growth and productivity: is outsourcing the answer?

A third (34%) of UK accountants do not trust that outsourcing is done correctly or to a high enough standard, according to latest research from IRIS Software Group (IRIS), the UK’s leading provider of accountancy software and services. The research reveals many accountants are reluctant to outsource certain elements of their role thanks to out-of-date assumptions. From the beginning of the COVID-19 pandemic, accountants have been their clients’ essential, trusted advisors. Yet with the threat of business survival still at large, accountancy professionals need more support in managing admin-heavy tasks…

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Accounting Advices 

Optimism as small businesses start to get back to normal but financial support lagging behind

Small business owners are feeling upbeat about the prospect of trading getting back to normal but are still struggling with their mental health and finding financial support, according to a survey from ACCA UK (the Association of Chartered Certified Accountants) and The Corporate Finance Network (CFN). All owners reported that business trading is at the level they expected or slightly higher this month, a jump of 11% over last month. And there was also unanimity from 100% of respondents that their businesses will return to pre- Covid levels of productivity…

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