Small and medium sized companies in the UK can take advantage of supplying abbreviated year end accounts to Companies House which have not been audited by independent accountants. This guide sets out the conditions under which abbreviated accounts can be submitted.

The IRS can give some still penalties if you don't pay your taxes on time. Learn what the meaning of "penalty abatement" is as well as ways to avoid it.

You might be under the false impression that because someone owns a medical practice they are very wealthy. It might be true, but just as easily it might not. If a physician isn't making the kind of money he should it might be because he doesn't have the skills necessary to take care of the business side of his business.

A convincing case for why all companies (private companies and nonprofits alike) need to become more concerned about developing an Enterprise Risk Management program. This is a strategy shift for many of these organizations, which up until this point thought Sarbanes Oxley (sometimes affectionately known as Sarbox) applied only to public companies, and big ones at that.

When you own your own business it is important to enlist the help of an accountant in order to provide audit services.

Non profit organizations should rotate their audit firms periodically to insure a high level of audit performance.

Find out which type of asset tracking software fits your application. This article provides some basics for finding a good, better and best solution based on the size of the need.

This article discusses recent changes and passing of the IRS's Section 409(A), FASB 123, & FASB 15X, three highly relevant laws and what they mean to privately owned companies, specifically pertaining to valuations & tax liabilities.