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Ten significant challenges in fixed assets physical verification
Ten significant challenges in fixed assets physical verification

Ten significant challenges in fixed assets physical verification

  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…

Accounting: An ally of good management and the good financial health of your company
Accounting: An ally of good management and the good financial health of your company

Accounting: An ally of good management and the good financial health of your company

  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…

Not qualified in the field of taxation? Make tax consultancy firms your companion
Not qualified in the field of taxation? Make tax consultancy firms your companion

Not qualified in the field of taxation? Make tax consultancy firms your companion

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…

Why should your company follow the Ind AS?
Why should your company follow the Ind AS?

Why should your company follow the Ind AS?

  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.…

Functions Of An Auditor In Physical Verification Of Assets
Functions Of An Auditor In Physical Verification Of Assets

Functions Of An Auditor In Physical Verification Of Assets

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…