Finance

Pages tagged Finance ...

Using Benford’s Law to Detect Accounting Irregularities or Fraud

Wilson Lee on 2019-09-09 Benford’s Law – first stated in 1938 by the physicist Frank Benford – is extremely useful for detecting anomalies in tabulated data. According to Benford’s Law, the leading significant digit in many naturally occurring collections of numbers – especially numbers which consist of several digits – will almost certainly be small. With that in mind, Read More...

Financial Planning and Funding for Growth

Colin Stocker on 2018-06-20 We are constantly hearing about the Government wanting to see SME’s grow their businesses, which in turn they believe will help grow the UK economy. But what are the barriers to successful expansion, and why do some business owners struggle to expand to the levels they aspire to? The opportunity to grow your business presents Read More...

Understanding Gross Margins

Richard Garwell on 2018-06-20 Many owners leave the figures to “The Finance Manager” and/or look at the amount that the business owes and what is owed to them because that is all they feel they need to know. It may be hard to believe even today that many owners do not show a great deal of interest or really Read More...

Grants Available in Norfolk, Suffolk & Surrounding Areas

Wilson Lee on 2018-03-16 Businesses don’t always have the funds required to support their sustainability and growth. Whether it’s for new equipment, the training of staff or for a strategic growth project, there ARE limited sources of grant funding available to businesses in Norfolk, Suffolk and the surrounding areas. At WLP, we know and understand just how crucial grants could be Read More...