Business tax diagnosis: How it can help in making assertive decisions
Business tax diagnosis: How it can help in making assertive decisions

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…

How to prepare your company for an internal audit?
How to prepare your company for an internal audit?

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…

E-Invoicing: Will it reduce or increase the compliance burden on purchasers?
E-Invoicing: Will it reduce or increase the compliance burden on purchasers?

E-Invoicing: Will it reduce or increase the compliance burden on purchasers?

  To stop registered persons from generating fake tax invoices and the corresponding recipients from claiming the ITC thereon, the Government of India had come up with the solution of generating E-Invoices. It is a system in which B2B invoices…

Compliance management in medium-sized companies
Compliance management in medium-sized companies

Compliance management in medium-sized companies

The implementation of an effective compliance management system is becoming an increasingly important issue for small and medium-sized companies. The reluctance that is still widespread, especially among small companies, harbours liability risks that should not be underestimated and can even…

Compliance: The invisible “superpower” in your company
Compliance: The invisible “superpower” in your company

Compliance: The invisible “superpower” in your company

In many companies, compliance is still perceived as an unnecessary additional burden and as a restriction on entrepreneurial activity. There are good reasons, especially from an entrepreneur’s point of view, to tackle the topic quickly and in a structured manner.…

Internal audit – Roadmap to controls and compliance
Internal audit – Roadmap to controls and compliance

Internal audit – Roadmap to controls and compliance

  Internal auditing determines how well a company maintains operational efficiency and manages accounting processes while adhering to standard rules and regulations. Internal audits investigate a company’s internal controls as well as corporate governance and accounting procedures. They provide management…