Standard Operating Procedures (SOPs) are integral to any successful organization. They provide a framework for employees to follow when completing tasks and help ensure that processes are consistent and effective. SOPs are also a great way to document processes, and they are easily adaptable to fit the organization’s changing needs. This blog post will explore…
Month: December 2022
Business risks without browser isolation
Are you concerned about the security risks that your business may face? Do you want to ensure that your data is protected from malicious attacks? If so, you should consider browser isolation an essential security control for your enterprise. In this blog post, we’ll discuss the benefits of browser isolation and why it’s necessary for…
5 Phishing attacks that businesses need to be aware of
As a business owner, staying up-to-date on the latest threats posed by phishing attacks is essential. The techniques used by cyber criminals are becoming more sophisticated, and businesses must remain vigilant to protect their data, financial information, and other vital assets. In this blog post, we will explore five common phishing attacks that businesses need…
4 tips for a robust compliance plan for an audit
Audits can be intimidating and overwhelming, so it’s essential to be prepared and plan to ensure that your business is compliant. A comprehensive compliance plan can help your business pass an audit without any issues. Following are the four tips to create a successful compliance plan to prepare for any audit: 1) Understanding what is…
The hidden opportunity for big business in small global companies
Do you know there is a hidden opportunity for big businesses in small global companies? In today’s increasingly interconnected world, small businesses are becoming increasingly crucial for the worldwide economy. With their agility, innovation, and lower cost structures, small businesses often can capitalize on market opportunities that more prominent players cannot. This presents an incredible…
GST for MSMEs: A short guide
The Goods and Services Tax (GST) affects how businesses of all sizes operate in India. For MSMEs (Micro, Small and Medium Enterprises), it is imperative to understand the implications of GST and how it can affect their business operations. This blog post will explore the various benefits, business management tactics, and government actions related to…
Business Valuation: Why it’s crucial for the business
If you’re in business, you know that your company’s proper valuation can significantly impact your success. Calculating a business’s economic value is known as business valuation, and it helps you understand your business’s financial health and can be used to make decisions about buying or selling, financing, and investments. In this blog post, we’ll explore…
Small Business – Reasons for failure and how to avoid it
Why do small business failures occur? In their first five years, most small businesses fail to enter the market, and their bankruptcy is the leading cause of their failure. Small business managers without much experience lack a sense of direction, and their inexperience causes the company’s poor planning, which pushes it into insolvency. All small…
Ind AS – Standard for financial reporting in India
The Indian financial reporting process is about to revolutionize thanks to the new Ind AS standard. The Indian Accounting Standards (Ind AS) are a set of accounting principles and standards developed by (ICAI) the Institute of Chartered Accountants of India to bring Indian accounting practices in line with global standards. This new standard is anticipated…
Financial planning & analysis: Meaning and its benefits
Are you feeling overwhelmed by your financial situation? Do you want to take a more active approach to managing your money but need help knowing where to start? Financial planning and analysis could assist you to achieve your financial goals and gain greater control over your finances. Financial planning and analysis (FP&A) are critical for…