1.0Vital Statisticshttps://www.vitalstatistics.infoPaul Petersenhttps://www.vitalstatistics.info/author/paul-petersen/rich600338<blockquote class="wp-embedded-content" data-secret="TwQwPM3ys2"><a href="https://www.vitalstatistics.info/why-do-i-need-cost-accounting/">Why Do I Need Cost Accounting?</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.vitalstatistics.info/why-do-i-need-cost-accounting/embed/#?secret=TwQwPM3ys2" width="600" height="338" title="“Why Do I Need Cost Accounting?” — Vital Statistics" data-secret="TwQwPM3ys2" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://www.vitalstatistics.info/wp-content/uploads/2021/02/Untitled.png1000667Most large businesses and giant corporations have the benefit of an in-house team of dedicated accountants that will work around the clock to make sure their company takes advantage of all business tax reliefs available, as well as ensuring that the company is fully optimising its profit potential. However, small business owners don’t have the luxury of unlimited funds to employ a team of accountants to keep them on track. Instead, many small business owners try to manage their finances by themselves or use accounting software to calculate their profit and loss and what tax they need to pay each […]