Introduction Having a robust, reliable and dynamic accounting system forms the cornerstone of your business. Accounting systems help business owners keep a track of the business’s financial health. Good financial systems will also identify problems before they get out of hand. If you don’t know whether your company has a strategy to develop, adopt and...Read More

Financial accounting and management accounting are two popular terms in the financial sector. Although they are both branches of accounting, they vary in their scope and function. This blog shall discuss some of the key differences between financial and management accounting. Stay with us and read on.  Financial accounting & management accounting – Meaning and...Read More

Introduction Thanks to the growing strength of the internet, e-commerce is rapidly evolving across the globe. As per research, the Indian e-commerce industry has the potential to outperform more mature markets and become the third largest market in the world with US$ 350 billion by 2030. Have you been thinking of setting up an e-commerce...Read More

A business owner is very keen to track every business expense in the initial stage.  But as the business grows, the process gets complicated.  In such cases, managing business and accounts tend to become tedious.  But what if we told you there is a more straightforward way to manage time and money in accounting? To...Read More

When it comes to GST in 2020, the most major and extensively publicized change has been e-invoicing. Industry-specific invoicing procedures have existed. Despite the proprietary methods of preparing invoices, the overall taxpayers welcomed the unified approach to e-invoicing. Understanding E-Invoice Under GST Under GST, E-invoicing is abbreviated and more often known as an E-invoice. E-invoice...Read More

The perks of outsourcing finance and accounting services are multiple. The common one beings save time, is a cost-effective method, etc. Today multiple small and medium-sized businesses are rendering this outsourcing services with confidence. What makes them trust these book-keeping services is exactly what our blog will cover today.  Why Should Your Business Outsource Finance...Read More

The CFO is the highest role of a financial professional in any organization. Being the head of finance function, it is the responsibility of the CFO to align the financial process with the company’s goals and objectives.  The CFO ensures that the organization: Fulfills its statutory and financial obligations on time  Streamlines the accounting activities ...Read More

Come April 1st, 2022 and with it, a new financial year, 2022-2023, brings several changes in tax laws. The Union Budget 2022-2023 has brought about several amendments to the Income Tax Act that would be effective from April 1st, 2022. The government has announced several proposals that are bound to bring about a substantial change...Read More

The famous entrepreneur of the 17th century, William Penn, mentioned diligence and patience as the two qualities which like faith, can move mountains. Diligence is not a new concept, but lately, its significance in the business world is more recognised. So, what is due diligence? It is an extensive appraisal of the different aspects of...Read More

A good Chief Financial Officer (CFO) ensures good financial management and a good financial management ensures business success. Many businesses having good ideas eventually fail unless they carefully manage their finances. A CFO is the senior most financial officer who looks after the finances of the company and takes strategic financial decisions of an organization....Read More