Debits and Credits Demystified

One of the most confusing aspects of accounting is the language accountants use; especially, the terms Debit and Credit. And for the layperson, attempting to find common language meaning in those terms, has always compounded that confusion.

Financial Issues SMEs Have and How to Fix Them Final (UAE)

Figures indicate that 50% of all SMEs fail within the first 5 years of operation.
Running a business is not easy, and business owners face a lot of unexpected challenges – many of them are financial in nature. However, with proper reporting and visibility, many of those challenges can be addressed, and the ensuing problems prevented.