You have probably heard that internal auditing is one of the great resources you have to improve the performance of your company, but perhaps you are not very familiar with the process, and you are not convinced why you…

You have probably heard that internal auditing is one of the great resources you have to improve the performance of your company, but perhaps you are not very familiar with the process, and you are not convinced why you…
Under conditions of economic uncertainty and increasing competition, the role of objective economic control is growing, both on the part of owners and supervisory authorities. Reliable financial reporting provides an opportunity to make informed economic decisions and protects against transactions…
Financial statements will help you in how you should manage your company, and the accuracy of the financial statements is very important before financial analysis. The data in the trial balance should be accurate and the income and expense figures…
Internal auditing is an important administrative control tool that aims to evaluate a company’s internal controls. It is when all activities carried out by the company are carefully analyzed to detect risks, verify the effectiveness of controls, the integrity…
Mergers and Slump sales are not defined in the GST law. In General, a “Merger” involves a process of combining two or more companies into one single entity. Example: Company A and Company B agree to merger and create Company…
Introduction: Co-operative Housing Societies are entities registered under the co-operative laws of the respective States. According to Section 2(16) of the Maharashtra co-operative society act, 1960, “housing society” means a- society, the object of which is to provide its…
The methodology and approach of effective internal audit control by professional consulting firms help organizations protect themselves from risk and financial loss. Through strict control measures, it is possible to avoid or at least minimize potential risks that can lead…
It is time for businesses to stop worrying about the cost of taxes and focus on tax planning. With the fiscal cliff approaching and payroll tax increases on the horizon, it’s time for companies to prioritize tax planning. Businesses in…
As a business owner, you know that tax planning is an important part of ensuring the financial health of your business. It’s bitter fact that taxes can be a big part of your bottom line. But did you know that…