Welcome to Brian Maloney & Co's website
Accountancy & Bookkeeping Service for Self employed & small businesses - your local Accountancy Contact in West Calder, West Lothian.
Do you come home at night to face mountains of paperwork?
Do you worry that your paperwork is accurate and legal?
Would you rather be running your business and making money than doing paperwork?
Why not let us deal with your paperwork while you run the business.
We offer a friendly professional accountancy and bookkeeping service for self employed and small business.
- Self Assessment Tax Return
- Annual Accounts
- VAT
- Payroll
- Management Accounts
Weekly, monthly, Quarterly, Annually
Contact details:
Brian Maloney & Co
15a West End
West Calder
EH55 8RH
Phone: 01506 871796
Fax: 01506 873248
Accountancy
Accountancy or accounting is the process by which financial information about a business is recorded, classified, summarised, interpreted, and communicated. Auditing, a related but separate discipline, is the process of an independent review of financial statements in order to express an opinion as to the fairness and adherence to generally accepted accounting principles.
Accountancy attempts to create accurate financial reports that are useful to managers, regulators, and other stakeholders such as shareholders, creditors, or owners. The day-to-day record-keeping involved in this process is known as bookkeeping.
At the heart of modern accountancy is the double-entry book-keeping system. This system involves making at least two entries for every transaction: a debit in one account, and a corresponding credit in another account. The sum of all debits should always equal the sum of all credits. This provides an easy way to check for errors. This system was first used in medieval Europe, although claims have been made that the system dates back to Ancient Greece.
Auditing
A financial audit is the examination of financial records and reports of a company, in order to verify that the figures in the financial reports are relevant, accurate, and complete. The general focus is on making sure that all assets and liabilities are properly recorded on the balance sheet, that the statement of income and expenses is correct.
