Practice News

As Irish SMEs increasingly engage in international trade, managing currency risks has become a crucial aspect of maintaining profitability. Fluctuations in exchange rates can erode margins, disrupt cash flow, and create uncertainty for businesses reliant on cross-border transactions. This article from KAAS covers how implementing effective strategies to mitigate currency risks is essential for safeguarding…

As businesses face increasing pressure to reduce their environmental impact, embracing green initiatives is not only good for the planet but also for profitability. At KAAS, we know that sustainable tax practices offer a unique opportunity for businesses to align their environmental goals with financial advantages, making sustainability a key component of long-term success. What…

In an unpredictable world, businesses face constant challenges that can disrupt operations, alter markets, or upend growth plans. At KAAS, we know that scenario planning is a vital strategy that helps business owners prepare for the unexpected, enabling them to adapt swiftly and maintain resilience in the face of uncertainty. What Is Scenario Planning? Scenario…

Growing from a start-up to a scale-up is an exciting yet challenging journey, requiring a shift in financial strategy to support sustained expansion. Unlike start-ups, which are often focused on survival, scale-ups aim for stable growth, market presence, and increased profitability. This article from KAAS covers essential financial strategies to support this critical transition. 1.…

For business owners, financial wellness goes beyond simple profitability. It’s about creating a stable and sustainable financial life that supports both personal well-being and professional growth. Achieving financial wellness means building a resilient financial foundation that allows business owners to navigate challenges, plan for the future, and maintain a balance between personal and business finances.…

In an era where environmental and social responsibility is increasingly valued, sustainable financial practices have become essential for modern businesses. Sustainable finance goes beyond profits, incorporating strategies that ensure long-term success while supporting social and environmental well-being. In this article from KAAS, we explore the core elements that every business should consider to create a…

In today’s competitive business landscape, employee retention is more than just a human resources focus—it’s a strategic advantage with significant financial benefits. Retaining skilled employees not only reduces costs but also fosters a productive, motivated workforce. In this article from KAAS, we explore why investing in employee retention is one of the best moves a…

As businesses grow, one of the key indicators of success is the need to expand the workforce. Bringing in new talent can drive innovation, increase productivity, and open up new market opportunities. However, hiring more employees also brings a host of financial responsibilities that, if not properly planned for, can strain a company’s resources. At…

Transfer pricing is a concept that may not immediately appear on the radar of small businesses, but for those engaged in international trade or with affiliated companies in different countries, it’s a crucial area of tax compliance and planning. Even though it is often associated with larger multinational corporations, small businesses that operate across borders…

Debt is an inevitable part of running a business. From financing growth to managing cash flow during tough times, borrowing can be a strategic move. However, if not managed effectively, debt can quickly spiral out of control, threatening the very stability of your business. Understanding how to balance debt with financial stability is crucial for…