A key question in every investment decision is whether the return on the investment is worth the effort and risk of the investment. Businesses require capital to expand operations, acquire assets, develop new products, or enter new markets, but that capital comes with a price. Knowing this cost will assist management in determining if an…
For many organizations, payroll is one of their biggest recurring costs, and therefore an important place to control the finances and risk. Payroll systems can automate salary calculation and employee payment but if processes are not effective, there are opportunities for payroll fraud. Some of the risks businesses could encounter are fake employees, unauthorized salary…
Expectations around balancing financial performance with environmental and social responsibility are growing. This transformation has led companies to start considering how to structure their financing to link the financial terms with tangible sustainability outcomes. Sustainability-linked financing is one such approach, linking the financial characteristics of a loan or bond to the borrower’s achievement of predefined…
Fundraising is an essential part of a company’s development process. Investors analyze a business not just with its revenue or market opportunity but also the quality, consistency and reliability of the information it provides to investors. The precision of that base information can have a significant impact on investor confidence and valuation for businesses that…
International service providers who provide their services in India and in foreign markets have to deal with several regulatory requirements along with cross-border transactions. Two key focus areas that need to be looked into are Goods and Services Tax (GST) and Foreign Exchange Management Act (FEMA). The foreign exchange regulations are dealt with by FEMA…
The surge of e-commerce has transformed the ways in which businesses are selling their products and services, but it has also added new tax compliance obligations. It is important for sellers, e-commerce operators, and some service providers to know how Goods and Services Tax (GST) is applicable to online transactions, collections made via marketplace and…
Tax Deducted at Source (TDS) is a crucial aspect of tax compliance in India. Applicable deductions and payment of such deductions to government within prescribed timelines is to be done by the applicable deductors for businesses. However, this is not the only responsibility of TDS deductions. The other is the correct reporting through TDS returns…
Financial models can be used to assist in budgeting, forecasting, fundraising, mergers and acquisitions, and strategic planning. But a financial model can only so much as be trusted, and the reliability of the model depends on the reliability of its assumptions. Inaccurate forecasts, inconsistent decision-making and loss of stakeholder confidence are possible when poorly documented…
Good GST compliance is about much more than timely filing. The businesses should also ensure that the details provided in GSTR-1 are in sync with the details provided in GSTR-3B. If there is a discrepancy in these returns, it may result in notices from the tax authorities, wrong tax filing and compliance issues. This is…
In today’s business environment, knowing how to apply internal audits is key to maintaining good governance, risk management, and regulatory compliance. Internal auditing can happen in a number of ways: either, through a voluntary decision by many organizations to make their operations more efficient; or, in certain instances, because law and regulation demand an internal…
