Category

Accounting
Accounting Automation
Businesses have always used machines to make their work easy. Though the use of automated machines initially began with manufacturing activities, their use in accounting has been booming. Automation enables companies to process a large volume of data and reduce manual processing at cheaper costs. Automated accounting is beneficial to the firm in the following...
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Financial controller Vs CFO
The terms financial controller or CFO, though used interchangeably, have some differences. This is especially true for small companies who are low on budget to hire a financial controller and a CFO. There are many factors that have to be considered while deciding who the business needs; A Controller? A CFO? Or both? Who is...
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The only thing constant is change, and this applies to the accounting profession as well. Organizations can increase the productivity of accounting by using advanced technology. Accountants are now free from the burden of passing manual entries and drawing huge data to generate reports. They are now expected to develop additional skill sets that include...
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Due Diligence
There are a number of factors to be considered during mergers and acquisitions. It is a complicated process and hence it needs to be structured properly. The acquirer needs to be aware of what he is getting into and has to be assured that the deal fulfills his expectations. To achieve this the acquirer/ buyer...
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Accounting Trends
Technological advances have played a significant part in the growth of industries for ages. The reliance on technology has increased manifold, especially after the start of the pandemic. The accounting firms also have changed their tune according to the need of the hour. These tough times have shown how vital technology is for continuing work,...
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after covid
Crises are inevitable and so is the case of the Covid-19 pandemic which suddenly took everyone by surprise and all the nations of the world were unprepared and stood blank in front of the deadly virus that just stared back at our face forcing the world to go into lockdown. This serious Covid-19 crisis had...
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A covid-19 pandemic called for national and international boundaries to close down in order to curb the deadly coronavirus. While the hustle of lockdown continued there seemed only one remedy that best suited the situation and that was implementing a total lockdown. The further extended lockdowns only called for more trouble and companies began to...
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future of accounting
Technology has impacted almost every aspect of our lives; it has brought about a large number of welcome changes in every profession including the accounting industry. Integrating technology in accounting processes helps companies to derive the best values and generate new opportunities. Technology enables the use of accounting software to provide a high level of...
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accounting practices
Every company small and big alike needs to keep their finances in check all the time, to do so they use various accounting practices and procedures. Companies that regularly keep their accounts and records up-to-date can take effective and timely decisions that lead to success and growth. Hence, it is imperative for every company to...
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AI_Accounting
If we look around us, we will be amazed by the fact that everything we use is powered by Artificial Intelligence (AI), right from our smartphones to the applications we use on it, smart speakers, televisions, smartwatches, air conditioners, refrigerators, and a lot more. AI has touched every aspect of our lives and it wouldn’t...
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