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text 2017-08-18 03:19
Southbourne Tax Group Review: How to steer clear of huge debts

 

Southbourne Tax Group sought the wisdom of some financial coaches regarding staying out of debt and with their collected data the team will provide imperative guidelines to help you with your finances and to avoid falling into a huge debt or even hitting financial rock bottom.

 

The financial coaches all possess great traits and are all very good in doing their job but to the surprise of the Southbourne team, a few of those experts hit rock bottom already, but their ability to bring back again their personal finance on the right track is really admirable.

 

Getting your way out of debt requires commitment and dedication. And to spur people to reach their financial goals, those experts The Southbourne Group converse with decided to become financial coaches, so that they could beget inspiration to other people by sharing their own stories and struggles as well.

 

Take control

 

Bear in mind that you need to take control of your finances not tomorrow, but today. Don’t wait for your rock-bottom moment, but instead try your best to avoid it each day. Even if it seems everything is fine now and you can pay all your debts, does not mean you should ignore the possibility of falling hard on your finances. Always follow a strict budget and manage your money properly with a disciplined attitude.

 

If there are certain changes in your life like your partner losing his or her job, or from having a full-time job to a part-time job, you must conduct some changes as well on your part and adjust your financial lifestyle.

 

If you notice you are being out of control on your personal finance then you should face the problem instead of giving it a cold shoulder. Don’t blame others for facing financial challenges in your life because you’re the one responsible for it, but instead, start turning your financial life around.

 

Aim for financial freedom

 

Each of us holds different meaning to financial freedom, but let’s just say financial freedom entails “earning enough money and building the mental discipline to keep that money from controlling you” as Scott Young said. Those who are having a hard time on their finances should begin their journey to financial freedom today.

 

Examine your attitude towards money and begin from there. Don’t make huge spending then only depend on your belief that if you win the lottery, you could pay all those expenses - don’t make such excuses. When you find yourself trapped, avoid having a negative mindset and telling yourself there’s no way to solve your problem. Get up and find a solution because “there was never a night or a problem that could defeat sunrise or hope.”

 

As mentioned earlier, don’t think negative thoughts if you are currently having a bad financial situation because that could only worsen the problem, but have an optimistic mind instead. Start turning your personal finance around by planning and setting a good budget because it is imperative to know exactly where your each cent is going.

 

Money isn’t everything

 

Yes, you should be responsible for reaching your financial goals but at the same time, you’re a human being that also needs to build good relationships with other people and create wonderful experience and memories with your family. Don’t be a money-machine that forgets how to love and live.

 

Don’t add more debts

 

Always remind yourself not to incur any more debt, which can later develop to a mental discipline to keep you away from debts. Be committed once you start your journey to be debt-free since there’s always this “temptation” to add more to your debts. To avoid this, you need to have a stronger disciplined mindset.

 

The Southbourne Group needs you to remember that “there’s no easy, magical formula when it comes to getting out of debt. It takes a lot of time, hard work, and discipline.”

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text 2017-08-17 01:45
TCG Tokyo Consulting Group Japan on Accounting Services - Financial Audit

Prepare for a Financial Audit in Japan with the Help of Tokyo Consulting Group

 

Engaging in a financial audit in Japan is essential to the financial health of both local firms and foreign-owned businesses operating in the country. Japanese accounting standards differ from those set by IFRS and USGAAP. Because of these differences in standards and regulations, foreign companies often encounter difficulties in dealing with financial audit standards in the country.

 

Tokyo Consulting Group is comprised of accounting experts - Japanese Certified Public Accountants (JPCPA) and United States Certified Public Accountants (USCPA) - who are experienced in performing financial audits for foreign companies. Furthermore, we are affiliated with GGI, an accounting firm based in Switzerland since 1995.

 

This partnership provides us with the necessary resources and knowledge of IFRS and other international audit standards. In addition, our rates are flexible, depending on transaction amounts and scale of the company. Hence, our fees are lower than those of other accounting firms for audit operations and other services necessary when opening a business in Japan.

 

Our Audit strategy

 

Statutory Audits

 

Our statutory audit services in Japan are performed in accordance with the Financial Instruments and Exchange Act, the Companies Act, and the Limited Partnership Act for Investment. Our professionals can fulfill the role of a statutory auditor in Japan for companies whose headquarters are based in other countries.

 

In addition to our experience, our strength also lies in the proximity we nurture with our customers. Large audit firms tend not to visit their clients directly, especially if they are small companies. As a result, poor judgments and uninformed decisions are often taken, creating issues later on. Tokyo Consulting Group employees pay frequent visits to their customers, thus ensuring the full understanding of our clients. Coupled with our experience, this proximity is what allows us to be highly successful in providing our customers with the appropriate audit services and other functions to support your organization's statutory auditor in Japan.

 

Voluntary Audits

 

It is crucial for businesses - especially newly formed companies - to ensure that their financial records are up-to-date and accurate. The correctness of financial statements can be measured by undergoing a voluntary audit in Japan, which Tokyo Consulting Group can perform on-demand.

 

When offering our voluntary audit services, we strive to provide a comprehensive service to our customers. Our experience and understanding of newly-established businesses are our main assets, allowing us to deliver rigorous and thorough reports.

Financial audits using IFRS and U.S. GAAP

Tokyo Consulting Group generates financial statements based on International Standards on Auditing - GAAP (Generally Accepted Auditing Standards), USGAAP (United States Generally Accepted Auditing Standards), and IFRS (International Financial Reporting Standards). Our employees possess a high level of expertise in Financial Advisory, and excel at reporting financial statements to provide formal records of financial activities of businesses, individuals, or other entities.

 

In addition, our experience in partnering with global accounting companies provides us with enough experience to independently excel at offering services to international customers in Japan. This includes generating financial statements and giving advice and guidance with regard to present and future operations to global companies. Tokyo Consulting Group provides its customers with a thorough financial audit in Japan, on which they can rely. As a result of our high standards of professionalism and expertise, users of financial statements such as stockholders or shareholders can increase their confidence and trust in our customers.

 

As more companies' subsidiaries are established over the world, financial reports to corporate parents in different countries become increasingly complex. Financial reports may be requested from us in English or in Japanese, as our bilingual staff is able to report in either language. Tokyo Consulting Group, as one of the truly global accounting firms, promises to conduct your firm's financial audit in Japan with international quality standards, and pledges to bring knowledge and expertise to its customers, regardless of company size.

 

Contact us today to learn more about our full range of services.

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text 2017-08-16 08:04
TCG Tokyo Consulting Group Japan on Accounting Services - Establish a Company in Japan

~The reason of establish in Japan~

 

The Japanese economy has grown rapidly by Abenomics . It endured a low- growth era that was said "the 20 years lost" .

 

Japanese company owns a lot of intellectual properties , which is guaranteed by the quality of "made in japan" . It says that the intellectual property is just lifeline for Japanese companies. With this order business in Japan , imitation and , such as copyright infringement , as compared to the country of the neighboring countries , it will be freed from many of the worries .

 

We Tokyo Consulting Group have the experience and expertise to provide the services required for incorporation in Japan. We support your startup processes by dispatching our staff for accounting, labor, and tax-related tasks.

 

Business Setup

 

Starting A Business In Japan

 

Businesses are no longer exclusive to domestic markets in the era of globalization. One aspect of development in a contemporary company is the establishment of overseas branches and subsidiaries.

 

Asia has become one of the world's most dynamic and competitive markets, prompting many companies to establish branches on the continent. Situated in the heart of Asia, Japan plays a key role in the continent's economic development since the late 20th Century. Securing a business base in Japan can prove to be an excellent entry point into the Asian market.

 

We Tokyo Consulting Group have the experience and expertise to provide the services required for incorporation in Japan. We support your startup processes by dispatching our staff for accounting, labor, and tax-related tasks.

 

Table of Contents

 

  • Overview

 

  • Incorporation Strategies

 

  • Incorporation Processes

 

  • What Tokyo Consulting Group has to Offer

 

Overview

 

Before starting a business in Japan, the company has to be registered as a legal entity. The business will be recognized as such after the complete registration of its branch office or subsidiary company.

 

Registration is necessary for daily operations in the country. For instance, when opening a bank account, a newly established business in Japan will be required to show a certificate of registration as a legal entity.

 

Accounting rules and processes differ between entities. It is essential that the method of incorporation matches your strategy, and this is also an area we can offer support.

 

Incorporation Strategies

 

There are several possible strategies for setting up a company in Japan. Due to the enactment of Japanese Corporate Law in 2006, some restrictions on business startup were lifted. Since then, business incorporation has become simpler for foreign companies, allowing easier access into the Japanese market.

 

Below are the most common methods of business incorporation in Japan: Subsidiary Company(Kabushiki-Kaisha or Godo-Kaisha), Branch, Representative Office, and Representative Service.

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