Only an entrepreneur knows how difficult is to maintain the company’s accounts. Making sense of those numbers proves to be time taking and irritating to many. Currently, it is not surprising to note that SMEs have chosen accounting, on the…
Accounting services: The key to success
Accounting is a cycle that starts from recording transactions to obtaining financial data and then processing it in such a way as to become financial information that can be easily read and understood by people who need it. Financial information…
Tax compliance: An exigent task for a company
Tax compliance has become an effective option in the development of companies. This is because its adoption implies a set of practices adopted for the improvement of management through a specialized professional. Therefore, amid all the complexity of the tax…
The use of tax credit recovery
What is tax review? The tax review is an in-depth study of tax management over the last few years. Here the last few years mean the maximum period by which a corporation can get back the extra pay. During the…
The implications of an internal audit for the business
Due to the fierce competition in the business world, it is essential to use effective control and evaluation tools in all areas and work processes. Reducing and, if possible, eliminating the possibility of errors and fraud is often synonymous with…
Internal audit and its mission
With the expansion of activities and processes, there was a need to give greater emphasis to rules or internal procedures, given the fact that, according to the growth of the organization, the administrator, or company owner, could not personally…
Business tax diagnosis: How it can help in making assertive decisions
Due to the complex structure of the tax system, the frequent changes in the legislation, and the lack of unity in practice on many important issues, serious conflicts may arise between the administration and the taxpayers. The resolution of additional…
Internal audit: The way to curb corporate fraud
Do you consider your company safe? Unfortunately, there is no shortage of ways for an organization to lose money without managers noticing. After all, there can be fraud in large financial amounts, but also small day-to-day expenses. Given this reality,…
How to prepare your company for an internal audit?
To be prepared for an audit, a company requires that its professionals are willing and available to assist the internal auditors. After all, experts will ask about responsibilities and transactions. In this scenario, systems and people must be mature to…
Ways to control your company’s finances
Controlling finances is perhaps the most important task any entrepreneur should consider when managing their business. However, it’s an area that not everyone likes, usually because they don’t have the habit, or they think they don’t have the necessary knowledge…