Accounting Articles from Wilkins Southworth

Cash or Crash

How often have you seen a seemingly solid company go under – not because it hadn’t a wealth of assets, nor because it was not making healthy profits, but merely because it had been caught by cash flow? Some tips to keep the bailiffs at bay…
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Doing Business in Russia

Chris Wilkins FCCA has clients in St Petersburg, Moscow and Kazakhstan. He has travelled on business in Russia and regularly grapples with the vagaries of Russian taxes. Here he explores the pros and cons of working in Russia.
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Taxing Times

In April, the Inland Revenue issued the new income tax self assessment forms which we all fully expected, but for which we are almost certainly unprepared.
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Business or Russian Roulette?
Western businesses have an uphill struggle to get on in post-Communist Russia. Chris Wilkins reports.
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Slumdog Millionaire
Slumdog Millionaire or Slumdog? Rolls Royce tastes with Ford Fiesta income? Forget about lavish lifestyles, 2009 will be a year of survival mode. Banish the luxuries, batten down the hatches, survive and exist! As my old lecturer used to say, turnover is vanity, profit is sanity but cash is king!
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Time & Leisure Article / Case Study
Mr Canal had a thriving building business, which was a partnership with Mr Longshore. All went well up to the end of 2007 when they had bumper profits. However, 2008 was a disastrous year with lots of customers deciding not to follow through with their orders due to the credit crunch...
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Letter from David Thornton
Some time ago now I was fortunate enough to witness a sadly what is quite a rare sight, that being an accountant putting up a clear and reasoned case before a body of General Commissioners. So surprised was I that I wrote down the name of the firm on one of those new fangled electronic organisers but sadly in the section where (when it recently failed) the information was consigned to oblivion...
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