Financial services outsourcing has proven to be a boon to many businesses. The manufacturing sector has realized the benefits of outsourcing accounting services to a greater extent in recent times. The concerns of accounting for the manufacturing firms are unique. It ranges from the calculation of procurement costs of the resources, transportation costs, labor costs...Read More

Every company following the financial year for its operations needs to be constantly updated with the latest income tax changes applicable for the said financial year and adhere to the new provisions. The Finance Act, 2021 was introduced on 28th March 2021 with amendments and provisions to the Income Tax Act of 1961 based on...Read More

Finance and accounting are crucial business functions that require professional and expert handling. It involves effective management of revenue and expenditure enabling companies to control their business. For this very reason, finance and accounting are known as the backbone of any business. Though accounting involves recording and reporting financial transactions based on both present and...Read More

Money is the lifeline of an entity. Using the available finances/funds carefully and wisely by having a proper account of the inflows and outflows is highly important for any business to thrive. A. What is financial discipline? To put it simply it is taking control of the money and channeling the spending towards the monetary...Read More

“Every time you state what you want or believe, you are the first to hear it. It is a message to both you and others on what YOU think is possible”, is a famous quote by the media mogul, Oprah Winfrey. Entrepreneurs are born from such thoughts, where the possibilities are visible to them, and...Read More

The world shook on its axis when the pandemic was declared in the year 2020. Nothing like this has ever happened in the history of the human race and every industry has felt the shock waves. After the initial lull, people started adapting to the new norm by wearing a mask and bringing school and...Read More

“This is one small step for man, a giant leap for mankind”, is the famous quote by Neil Armstrong after he stepped on the moon’s soil. Business and landing on the moon have seemingly no connection but the feeling of accomplishment might be similar. It is one person’s crazy thought or creative idea that turned...Read More

The financial management of any business, big or small is crucial to their success. There is no single success mantra to pursue in financial management services. Along with the proven accounting rules, it is the age-old wisdom along with experience which helps in managing financial services. The two rules that the famous Warren Buffet gives...Read More

Companies operate in challenging environments; they are often faced with situations that prompt them to make quick decisions for the betterment of the organization as a whole. While dealing with any issues, managers always look at the company financials, therefore, accurate financial information is the backbone of any decision. Companies spend a huge deal of...Read More