There comes a time when you can not think of anything, the numbers refuse to be crunched as they should, your thoughts wander astray and your brain starts to run on fumes? These are the signs of a lurking crisis. How to evade it? How do you inspire yourself to get to this final report and to the most important financial results?

Do not give up, relax and have a good nights sleep. Ask for a piece of advice and get back on your feet. The expression creative accounting may give some people mixed feelings. On the one hand, the term became popular at the dawn of the US economic crisis and was used to describe practices of concealing losses or refining financial results in order to attract investors. However, if you modify it a bit and look at it from another perspective, it simply means applying creativity to accounting. But is it desirable in this line of trade? Do clients expect you to fill out the necessary documents or come up with solid and effective financial solutions?

You don't need to force it, but occasionally some estimates are just begging to be handled more creatively than others. Apart from using your own ingenuity and relying on the experience of your colleagues, it's worth keeping track of all new software out there in the market. Such applications will support you with the calculations and inspire you to efficiently handle other estimates. It is best to choose software that was created especially for people with experience similar to yours, so that you know the authors understand the problems you face. One of such tools is a web-based application 24iValue, which helps you perform an independent accounting and tax audit online. If you have recently calculated deferred tax, corporate income tax, cashflows, fixed asset impairment, financial leasing or payables provisions, or you're about to do this, take a look at https://24easyaudit.com/.

See for yourself if the software is suitable for you. Do you perform the same calculations as the creators and users of the application? If you don't have time to go into details, see what they have to say on a dedicated YouTube channel  http://www.youtube.com/user/24easyaudit and tell us what you think.

Ewelina Kroll

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