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What is marketing audit and its advantages?

It comes as no surprise that marketing whether traditional or digital, shapes up the businesses. In order to get consistent results from all the marketing put in place, it is important to have a regular evaluation with regards to how…

adminOctober 27, 2020December 28, 2020 Audit services No Comments
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Foreign Exchange Management Act (FEMA), Its Meaning And Regulations

FEMA stands for ‘Foreign Exchange Management Act’. This is an official act amends and implements laws regulating foreign exchange in India. FEMA was established with the objective of “facilitating external trade and payments and promoting the orderly development and maintenance…

adminOctober 27, 2020December 28, 2020 Foreign exchange management No Comments
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Studying Coso’s 4 Components Of Internal Control Over Financial Reporting

One of the first requisites for a company’s management is the formulation of reliable financial data. If the business is handled efficiently, it can have a logical consequence which can give access to accurate information that determines the decision making…

adminOctober 27, 2020December 28, 2020 Financial reporting No Comments
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GST in the Real Estate Sector

When it comes to meeting tax obligations, homebuyers along with property taxes, also have to pay the applicable GST on their property purchase. Over the last few years, several changes have been made to the GST regime directed towards the…

adminOctober 22, 2020December 28, 2020 GST services No Comments
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What is inventory management and its advantages?

Inventory management is the method with which the company can keep track of a company’s stocked goods and monitoring their weight, dimensions, amounts, and location.  The primary objective of inventory management is to give the business owners a pointer to…

adminOctober 16, 2020December 28, 2020 Inventory management No Comments
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Presenting Yourself Before Audit Committee

No one would like to be on a sticky wicket or get caught off guard when delivering a presentation — and the stakes are high when  you have to conduct the presentation in front of the Audit Committee. Audit Committee…

adminOctober 14, 2020December 28, 2020 Audit services No Comments
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Impact of Covid 19 on Audit of Financial Statements and Audit Report

Effects on auditing financial statements Standard on Auditing are required to be complied in full even in the present time of pressure under changed timelines. Auditors should carefully assess the situation and prepare appropriate responses to the challenges that Coronavirus…

adminOctober 12, 2020August 8, 2022 Audit services No Comments
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Tax Benefits Under Section 80C Of Income Tax Act, 1961

Section 80C of Income Tax Act, 1961 has been structured specifically to state all about the deductions of tax. This particular section of the IT act reduces the taxable income. Due to this reduction, under Section 80C, the tax liability…

adminOctober 5, 2020December 28, 2020 Direct tax No Comments
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Information Technology Audit

IT audit deals with review and evaluation of information processing systems, related- non automated process and an interface between them. It involves gathering information and planning and secondly, understanding of existing internal controls. As in today’s era organizations are moving…

adminOctober 3, 2020December 28, 2020 Audit services No Comments
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