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…
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…
5 Important accounting documents for a company
The accounting documents of your business, in addition to being mandatory, indicate the general conditions and performance of the company. There are some essential documents for any type of organization, and it is important to always keep them up-to-date and…
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
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 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…