Suppose you have to look at only one statement (and no other statement at all); which one will you choose to understand the company's financial position? It is a question that a lot of accountants debate. Here is our take on it.

Bookkeeping and accounting - do the two terms sound synonymous to you? Do you often use the two of them interchangeably? Sometimes understanding the difference between the two can be tricky. This blog will help you understand the two roles to choose the ideal fit for your business.