There are numerous businesses and organizations have never gone through an audit. Also, the companies who are about to go public through an initial public offering (IPO’s) must get their audit done. In such circumstances, auditors or audit service firms need plenty of information. Therefore, it is better to get ready and prepared previously with all the essential data and
» Read moreIf you think that the financial prospect of your company could be running more smoothly, then you will want to check out some of the best companies who provide Firm audit services in Pune, Delhi Mumbai and in many other cities of India. Businesses need to have their financial sector running properly, and you will want to contact one of
» Read moreWhether you has to pay tax and file a return in India, depends upon your residential status. How residential status is determined? You have to find out your residential status in financial year 2015-2016. If you have spent less than 60 days in India, then you are an NRI (non-resident Indian). If you are an Indian citizen leaving India for
» Read moreAuditors play an important role in the accounting industry. In this post, you will learn what an auditor is, what they do and what they don’t. What Is an Auditor? For the purpose of accounting, an auditor is a person whose job it is to ensure that the information reported on financial statements is accurate and true and that the
» Read moreThe “Audit” word has been derived from “Audire”, which is a Latin word, meaning to hear. However, auditing is a formal examination of bookkeeping, documents and vouchers of a business concern so as to verify the profit and loss (P&L) as well as the financial position of a business entity. Apart from this, it’s a systematic check or evaluation of
» Read moreWhat Is Auditing Auditing is a systematic process of confirming, substantiating and giving assurance services that a process of collecting, recording and valuing economic transactions abide by a standard of care, a regulation and other body of rules. This accounting tool finds whether the financial statements of a particular company or organization is accurate as well as without a trace
» Read moreThe taxation and financial laws are continuously revised by the government to address the dynamic economic as well as commercial issues at the national and international level. As it is impossible for businesses and organizations to keep track of these changes, the services of accounting and auditing firms become even more important. Chartered accountants (CA’s) are trained to manage any
» Read moreWhat is Auditing Auditing, an accounting term refers to examining the financial practices of a business, company or organization to make sure that it follows accepted accounting principles as well as to spot potential and real issues. This helps find errors, fraud and specific performance trends. An internal audit might be more forensic, spotting issues and opportunities with your policies
» Read moreAre financial tasks such as bookkeeping, budgeting, transaction processing, cash flow management, etc, shifting your focus away from other core business activities like decision-making or strategic planning? If yes, then you must go for outsourcing finance and accounting services to India. Why Outsource Finance & Accounting Services? Better Performance You can successfully eliminate all the things that are downgrading your
» Read moreAccountants often cannot perform a large number of tasks needed by a successful business all by them. Also, lots of different highly specialized fields each needs their own full-time employee, for example, taxation and regulation, depreciation and cross-currency, logistics and manufacturing, legal and risk management, payroll and benefits, and of course revenue and expenditures. So, when you have this type
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