Financial reporting

Financial Planning & Analysis: The key to financial success
Financial Planning & Analysis: The key to financial success

Financial Planning & Analysis: The key to financial success

In the ever-evolving business landscape, achieving financial success requires more than luck or hard work. It necessitates a deep understanding of your organization’s financial health, a well-thought-out roadmap, and informed decision-making. This is where Financial Planning & Analysis (FP&A) comes…

Unlocking the power of Financial Planning and Analysis
Unlocking the power of Financial Planning and Analysis

Unlocking the power of Financial Planning and Analysis

Financial planning and analysis (known as FP&A) is an essential component of any business, whether starting a new company or being established in India. It helps ensure the organization’s future success by mapping out various paths for achieving both short-term…

Internal financial controls for accurate reporting
Internal financial controls for accurate reporting

Internal financial controls for accurate reporting

Having accurate financial reporting is essential to the success of any business. But how can you ensure that your financial reports are accurate? Implementing internal Financial Control in India is one of the most effective ways to guarantee accurate financial…

Ind As Implementation: The Best Way To Prepare Financial Statements For Your Company
Ind As Implementation: The Best Way To Prepare Financial Statements For Your Company

Ind As Implementation: The Best Way To Prepare Financial Statements For Your Company

  Accounting is a scientific field that has an important role in various things. In practice, accounting science can help companies, organizations, investors, and government agencies to make decisions in allocating available resources. To provide the required information, an accountant…

Supreme Court Extends the Limitation Period for Providing Relaxation to Taxpayers
Supreme Court Extends the Limitation Period for Providing Relaxation to Taxpayers

Supreme Court Extends the Limitation Period for Providing Relaxation to Taxpayers

It was on 23rd March 2020 that the Supreme Court extended the limitation period for filing petitions/applications/suits/appeals and all other proceedings in all courts and tribunals with effect from 15th March 2020 until further orders. A bench headed by The…

Different Types Of Financial Reports A Business Owner Must Know About
Different Types Of Financial Reports A Business Owner Must Know About

Different Types Of Financial Reports A Business Owner Must Know About

A business owner should keep financial reports at disposal which enables to analyze the business operations for better future functioning and make more informed decisions. Given below are the five most important types of financial reports which the owner should…

Studying Coso’s 4 Components Of Internal Control Over Financial Reporting

One of the first requisites for a company’s management is the formulation of reliable financial data. If the business is handled efficiently, it can have a logical consequence which can give access to accurate information that determines the decision making…