Physical verification of fixed assets is essential to asset management in any organization. This process involves physically inspecting and validating the assets to ensure their authenticity, condition, and presence. However, the process can be challenging due to several obstacles…
In an economic and social scenario in which transparency is increasingly required, it is essential to work with the concepts of Risk Control and Ethics. This premise applies to large corporations as well as small ones. But how to be…
It may not seem very far off, but in the year, the e-commerce sector contributed only 7.4% in global retail sales. By 2020, that number had grown to 18%. In 2024, projections point to around 22%. It is in the…
According to some reports, about 50% of companies tend to close their activities in less than three years after opening. In most cases, this is due to problems in financial management and the lack of synchronization and harmony between…
Do you want to know why hiring a tax consultancy may be the best option for your business? Then read on, as we will explain all the benefits of this service. Tax consultancy offers ways for the company to reduce…
Companies prepare financial statements (income statements, balance sheets, etc.) at the end of the fiscal year. Every company is obliged to report its business performance and financial position to the stakeholders of the company, such as shareholders and creditors.…
When conducting Physical Verification of Fixed Assets to ensure that the organization owns the fixed assets listed in the balance sheet and the organization’s rights to fixed assets are confirmed and not limited by the rights of third parties, the auditor should…
A common myth among many businesses is that they ought to know their company’s valuation only when they are looking to sell it. And this is where the businesses end up getting less than what they desire in terms of…
