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  • The majority of private limited companies rely solely on their auditors to prepare the financial statements as part of the audit process. However, who is ultimately responsible for the financial statements?


  • Many small businesses and self-employed individuals question whether they should keep their accounting records up to date like big businesses. The simple answer to this is that every business and self-employed individual, irrespective of their size, should keep their records up to date. This article will explain why everyone should have their accounting data up to date.