Any entity which is incorporated with an objective to earn profit has certain responsibilities towards itssuppliers, customers, investors, lenders, employees, and other stakeholders. According to their requirements, they are interested to track the developments in the entity which can be best informed to them by means of formal disclosures. These disclosures are broadly of two…
Does Registering Your Company Enhances Your Business?
When undertaking a project, be it large or small, it is always tried to individualize it and the need arises to create an image that differentiates it from other commercial actors. One of the first things that the entrepreneur does is give an identity to his idea or project, that is, a name. Later, he…
The Future of the Accounting Profession: Apocalypse No, But Deep Transformation
Surely you have heard about Artificial Intelligence or the famous fourth industrial revolution where machines will perform the jobs that humans do today. And although it might seem like something very distant that is only seen in movies or television series, the reality is that we are getting closer and closer to this happening, and…
Supreme Court ratifying the validity of Rule 89- A Way forward on Inverted duty Structure (Part-II)
As we discussed in our previous blog about the validity of Rule 89, at last, we have discussed the Gujrat High Court Judgement Interpretation. Now, we are continuing our article with Madras High Court Judgement Interpretation. Madras High Court Judgement Interpretation: – After witnessing divergent judgments by different High Courts, such a case attracted the…
Supreme Court Ratifying The Validity Of Rule 89- A Way Forward On Inverted Duty Structure (Part-I)
Under any law, the scope for litigation on certain provisions always exists. Some of the provisions requiring less clarity or arguments get settled at the lower court, however, certain provisions are unconstitutional or violative to the rights of the taxpayers which attracts the attention of the High Courts or in some cases, the Apex court…
Internal Audit Consulting: A Promising Tool For Companies’ Growth
Auditing for a company is quite important because it has a big influence on the activities of the company concerned. To ensure that your company has a good risk management approach and internal control, the best option is to take the help of Internal Audit Consulting Firms because the experts working at these firms have years of…
Internal Audit – The Secret to a Successful Business!
Every entrepreneur must learn from the past, applying the lessons learned to take advantage of the present, to protect and build the future. Information is the key to success, along with experience gained over the years and ever-evolving skills. The Internal Audit Consulting Firms have the role of making available the real state of the company, through…
Obtain A Clear Picture Of Your Company With Internal Audit Consulting
Internal audit is an independent, objective activity of providing recommendations and consulting services, which should benefit the organization and improve its activities. An Internal Audit Consulting Firm helps the organization achieve its goals through a systematic, streamlined approach to assessing and improving the processes of risk management, control, and corporate governance. The key function of…
The Importance Of Accounting Services For Decision Making
Correct accounting not only involves numbers, charges and credits, balances, and financial statements; behind it is the work that will help us to make strategic decisions for each of the departments of the economic entity, depending directly on the needs and objectives of this. By consulting Accounting Services in Delhi, you can now ensure that your…
The Impact Of Internal Audit On A Company
The growing business complexity, together with the increase in regulatory requirements makes it more and more important for a company to continuously monitor its internal activities so that no chances of fraud are left within the business. To ensure all the business processes are in line with laws, internal audits are required. An internal audit…