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
Every taxpayer in India needs to fulfill their statutory obligations as per the due dates set by various authorities. It is important for individuals and various business entities to have a tax compliance tracker, which ensures that they do not miss any deadline. Entities have to comply with many tax-related compliances, like submitting various GSTR,...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
Say Goodbye to FRAUD and THEFT! When it comes to business/finance, we all want to feel safe and secure. Theft and fraud are serious issues that we should all be aware of. So, if you want to learn more about fraud and security scams, keep reading! Nowadays, dealing with money scams and online...Read More
Be it a large business or small, tax saving is on top of the mind for everyone! Every business owner is searching for ways to minimize their tax outgo via various exemptions and deductions. In this blog, we shall discuss some of the best tips concerning tax planning for businesses. Stay with and read on! ...Read More
The professional tax amount is a figure that prominently appears on the play slip as a deduction from salary. Along with Employees Provident Fund contribution and Income-tax (TDS). Professional tax (PT) is imposed by specific state governments in India on persons earning a salary for rendering services or on persons practicing various professions, for instance,...Read More
John C. Maxwell once said, “A leader is one who knows the way, goes the way, and shows the way”. What a leader is for a team, the CFO is for an organization. The CFO is the head of financial operations and is in charge of all the financial activities. Being in charge of the...Read More
The Indian government, in its union budget for 2022-2023, has laid a roadmap to bring stability and technological development to the Indian industry. So that domestic companies may have a competitive advantage to compete globally. The budget has provided incentives to startups so that they grow, flourish and create sustainable business development that benefits the...Read More
Risk is the uncertainty of an event happening in the future. This uncertainty deviates an organization from achieving desired outcomes and hence it has to be managed. Enterprise Risk Management (ERM) involves various strategies that identify potential business risks and analyze them to provide appropriate responses to mitigate and minimize any losses that would have...Read More
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