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Moore Kingston Smith

Accounting, United Kingdom, London

Moore Kingston Smith is a top accounting firm offering expert financial planning, risk management, and business valuation services to help clients achieve success.

About Moore Kingston Smith

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Basics

Type
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Founded
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Total Employees
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Employees on Linkedin
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Employees on OWCareers
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Main Office
United Kingdom
Official Website
http://www.mooreks.co.uk
Location Address Official Phone Email
United Kingdom United Kingdom, London **** ****
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Other Accounting companies in United Kingdom, London

FAQs – Moore Kingston Smith

What are the main types of financial statements?

The main types are the balance sheet, income statement, cash flow statement, and statement of shareholders' equity.


What’s the role of an accountant in an audit?

They prepare financial documents, ensure compliance, and represent the company during external audits.


What is the difference between net income and gross profit?

Gross profit = Revenue - Cost of Goods Sold (COGS). Net income = Gross Profit - Operating Expenses - Taxes - Interest. Net income is the final profit after all expenses.


How do I track my business expenses?

Use accounting software, categorize expenses, and keep digital or physical receipts.


Do outsourced accountants assist with QuickBooks setup?

Yes, they help set up, configure, and manage QuickBooks accounts.


How does the IRS classify an independent contractor?

Contractors must meet IRS guidelines for control over work performed, financial independence, and lack of employee benefits.


How does AI affect the future of accounting software?

AI will enhance automation, predictive analytics, and fraud prevention.


What is accrual accounting?

A method where transactions are recorded when they occur, regardless of cash flow.


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