Internal Financial Controls (IFC) is a set of policies and procedures that an organization adopts to ensure its business’s orderly and efficient conduct. IFC includes: Adherence to the company’s policies. Protecting its assets, preventing fraud, and spotting mistakes. Accuracy and completeness of the accounting records. Timely preparation of reliable financial information. Safeguarding Your Assets with…
Goods and Services Tax is a tax reform introduced in India to bring uniformity and standardization to the indirect taxation system. GST is a self-assessed tax regime where taxpayers are responsible for maintaining accurate records and filing returns on time. To ensure compliance with GST regulations, businesses are required to undergo GST audits. A GST…
A forensic audit is a specialized type designed to investigate financial and accounting irregularities, identify potential fraud or misappropriation of funds, and uncover hidden risks within an organization. It is an investigative process conducted by a team of experts with specialized knowledge and skills in accounting, law, and investigation techniques. Forensic audits are typically conducted…
Businesses of all sizes are vulnerable to cyberattacks in the modern digital age. With cybercrime on the rise, implementing robust cybersecurity strategies to protect sensitive data and ensure business resilience has become more critical than ever. By enhancing your business resilience with expert cyber security strategies, you can safeguard your digital assets, maintain business continuity,…
The adoption of Indian Accounting Standards) represents a significant change in the accounting practices of Indian companies. Ind AS is based on International Financial Reporting Standards (IFRS) and is designed to bring greater transparency, consistency, and comparability to financial statements. While the transition to Ind AS can be complex, expert implementation services can help companies…
Retail and consumer products industries constantly evolve, with new trends and consumer behaviours shaping the landscape. Businesses must deeply understand these trends and insights to remain forward in the contest and achieve success. In this blog, we will explore some critical insights that can help businesses in these industries thrive. Embracing omnichannel retail Omni-channel retailing…
An Initial Public Offering (IPO) is a complex process that involves numerous steps and requires a thorough understanding of financial markets and regulatory requirements. It is where IPO advisory services come into play. IPO advisory services provide expert guidance and support to companies looking to go public. This blog will discuss how expert advisory services…
As technology advances and disrupt industries, the demand for new and innovative startups is rising. However, starting a tech company often requires significant financial resources. Fortunately, with the emergence of novel approaches to funding, entrepreneurs have access to more opportunities to secure funding for their ventures. This article will explore some of the latest and…
Beginning a new company can be a thrilling but challenging endeavour. To achieve success, entrepreneurs need more than just a great idea. They also need the right tools and strategies to realize their vision. This blog will explore how a business setup advisory can empower entrepreneurs with the tools and techniques they need to succeed,…
As a business owner, managing taxes can be a daunting task. With the ever-changing tax laws and regulations, it’s easy to make mistakes that could cost you time, money, and even legal issues. It is where GST Consultants come in; they can help streamline your taxes and provide expert guidance to ensure your business remains…
