Auditing is a significant business requirement that assists in assessing the evidence and documentation of the company's financial transactions and ot... Read More
The term "fraudulent financial reporting" refers to any deliberate or careless behavior, actions, or omissions that produce materially false or mislea... Read More
Prior to engaging into a contract or agreement with another party, a reasonable firm or person is typically expected to conduct research, exercise car... Read More
These days, cloud accounting is a popular topic, and many people are unsure of what it involves. In a nutshell, it's a unique approach of using your a... Read More
Bad debt is defined as loans or unpaid balances that must be written off because they are no longer deemed collectable. Due to the inherent default ri... Read More
A notice from the Income Tax Department is always possible for someone who conducts high-value transactions. In order to obtain the financial informat... Read More
The process of preparing and filing returns has been substantially streamlined today and can be finished entirely by hand. You may finish the filing p... Read More
In the Finance Act 2022, a new TDS section 194R, has been inserted in the Income Tax Act and Which has been made applicable with effect from 1.7.2022.... Read More
A remote audit is something which is undergone partially or fully off site. The audit will cover all that is generally covered on site but make use of... Read More
All individuals having total income above the limits prescribed under the Income Tax Act have to file their income tax returns within the due dates pr... Read More
Business valuation is a formal process of estimating the value of a business. It depends on the professional judgment of an analyst who considers the ... Read More
Accounting services are necessary for all types of businesses, from small to large. Since there are so many accounting solutions and software to choos... Read More
The beginning of a new fiscal year is an excellent time to assess your company plan and, if required, make changes to your strategy. Having a financia... Read More
The primary goal of auditing is to verify that financial statements have been prepared in accordance with accounting standards and to determine if the... Read More
Inventory audit is vital to tally the existing volume of products in stock against its financial/accounting records and for balancing the variation. I... Read More
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