About Those Accounts - And the Fact that You Need to File Yours

A couple of days ago, I mentioned that MEPs have approved changes to European Union Rules, and that - if the UK decides to accept the exemption - many SMEs will be exempt from drawing up and lodging Annual Accounts.

I think it worthwhile to add a link here to the Institute of Credit Managements' comments on this proposal .

Please take the time to follow the link and read the the Press Release because it really says it all.

SMEs need to provide relevant and up-to-date information if they are to get credit. And the more information they can provide, the more likely they are to get the credit they need.

Giving - and sharing - information is very, very important. Which is why this proposal is, as the Press Release states - utterly absurd.