The accounting of the company is not the only thing for the tax advisor or the business accountant. Four actors are interested in knowing the status of the business’s accounting: the company, the company’s partners, the company’s advisor, and the…
Business Start-Up Advice: How Advisors Help Founders to Become Self-Employed
From financing errors to deficiencies in the business plan: The reasons why business start-ups fail are often due to a bad start. No wonder: The step into self-employment is complex and holds many pitfalls. This makes having professional support more…
Role of Accounting in an Organization
Accounting in one form or another has existed for a very long time and appeared around the time people began to engage in trade. This kind of accounting makes sense because if we want to conduct business in an organized…
How Should You Choose Your Accountant?
“Why do you need an accountant?” generally, the answer to this question is given as “To keep the accounting of the company and to fulfill the liabilities against the finance”. Accountants are positioned as sort of “tax accountants”. However, most…
Recent Madras High Court Judgment- Eradicating the Hardships of Bonafide Recipients
In the Pre-GST era, many debatable issues had been settled by various high court judgments. Among the various issues, one of the burning issues, which was highly debatable even before GST came into the picture was whether ITC would be…