When we compare the words for financial and management accounting, we can see that only someone from outside the organization reads the managerial accounting reports when extra information is required outside the scope of the general financial accounting services and…
Accounting is often seen by the entrepreneur as a necessary evil. Everyone knows that accounting is crucial and necessary for any business and yet the vast majority dread it. It is true that accounting still requires a little discipline and…
The accounting of the company is not the only thing for the tax advisor or the business accountant. Four actors are interested in knowing the status of the business’s accounting: the company, the company’s partners, the company’s advisor, and the…
This section has been inserted by Finance Act 2021 which will be effective from 01-July-2021. Applicability The buyer is liable formaking payment of a sum to the resident seller and related payment is to be make for the purchase of…
The Finance Act 2021 always came up with several amendments to the existing provisions. One new amendment has beenintroduced by the Finance Act 2021with respect to the scope of Slump Sale and Computation of Capital Gain in the case of…
The accounting records in a company are essential for its success, since, in addition to helping in making strategic decisions, it is the way to constantly evaluate the state of its finances and guarantee its profitability. The importance of keeping…
The accounting in the company is a necessary process that serves to meet the economic conditions of the same. It is practically impossible to have reasonable management of an organization without knowing exactly its financial numbers and circumstances, its…
From financing errors to deficiencies in the business plan: The reasons why business start-ups fail are often due to a bad start. No wonder: The step into self-employment is complex and holds many pitfalls. This makes having professional support more…
Many companies start their operations with a lot of courage and effort, clear and good ideas, and excellent plans, but they focus more on marketing and sales than on internal processes that are fundamental for their operation, such as correctly…