bookkeeping vs accounting
Depending on the lifecycle stage of your business, you may need "just-the-basics" bookkeeping or more advanced bookkeeping and management accounting.
These are quite different approaches to financial management, and to justify the expense of the latter, your business needs to be at a stage where financial intelligence is critical and can provide an ROI.
Here, GrowthForce president and CEO Stephen King looks at the three stages your business likely falls into and what you should look for.
To read the story, click here.