Accounting Challenges
Browse all articles in the Accounting Challenges tag
Business Tax
Accounting for AI-Driven Businesses: Unique Challenges and Solutions
May 30, 2025
Artificial Intelligence (AI) is transforming industries—from automating customer service to predicting market trends. But nowadays AI-based businesses are facing unique accounting challenges. Though traditional accounting methods don’t always work well for AI-focused businesses. But even though their technology is advanced, the way they handle accounting still follows old rules. This leads to unique problems that… View Article
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Navigating Accounting Challenges in the UK Hospitality Industry
December 23, 2024
The UK hospitality industry is playing a pivotal role in the nation’s economy. With hotels, restaurants, pubs, and catering services, this industry contributed £54 billion in tax receipts to the Treasury last year. Therefore every business in this sector deals with huge liquid cash, especially during the season. Therefore businesses in this industry face lots… View Article
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