Chan & Naylor

Pros And Cons Of Capitalising Software Development Costs?

What are the pros and cons of capitalizing software development costs and amortizing vs expensing and carrying forward losses? Is it just to make to make the balance sheet look nicer or are there more (tax) advantages? Does the strategy change for...

What is the difference between an accountant and a bookkeeper?

 What are the benefits of using each one?  Is one better?

Is ad revenue you receive from an app a 'sale' for GST purposes?

I'm completing my GST statement for the first time for my smartphone app business and was wondering, for revenue that I receive for displaying ads based on users duration and them clicking through, is this considered a 'sale' for GST purposes? So do...

What is the relationship between marketing and accounting?

What should everyone in business know about accounting?

Starting out in business - from a non-finance/accounting background, what do I need to be aware of? What reports do I need to submit? What do I need to keep a record of? What are the key accounting/finance metrics I need to keep an eye on?...

What accounting software package should a small business use?

What are the things to consider when selecting a suitable accounting software package for a small business?