Manual Payroll Vs Computerized Payroll Systems

Jack Prot

Not so long ago, all payrolls used to be calculated manually, without any help from a computer. Professional accountants invested a lot of time and energy into keeping track of all employee data, files and information, calculating monthly salaries, hourly remunerations, bonuses, sick leaves, benefits, taxes, deductions and so on. […]

Mergers And Acquisitions In Cyprus

Jack Prot

The major legislation that regulates mergers and acquisitions in Cyprus is the Companies Law (Cap. 113). In particular, the sections 198-202 contain provisions about mergers, reconstruction and amalgamation of companies, and exchange of shares between two or more companies. Other important legislations are the Control of Concentration Between Enterprises Law […]

Liquidity Ratios: The Case For/Against Bank Overdrafts

Jack Prot

Liquidity ratios are used to measure an entity’s ability to fulfill its financial obligations in the short-term, i.e. they are measures of a firm’s liquidity. Short-term here refers to a period of 12 months or less. Two of the most important liquidity ratios are the Current Ratio and the Quick […]

The Lemonade Stand

Jack Prot

One of the best ways to learn about finance is to start with a real-world story that everyone can relate to – a story that even kids can understand. The most iconic – if not most enjoyable – business enterprises of childhood is the lemonade stand. Setting up a table […]

3 Tips To Help You Choose A Good Tax Advisor

Jack Prot

If you want to create the best well strategy for tax savings, we suggest that you consult the best tax advisor. These professionals can help you come up with the best strategies. If you are looking for a way to save on your tax dollars, you have no choice but […]

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