As the financial year-end approaches, accountants in India play a crucial role in ensuring that corporate companies adhere to essential checks and balances for a smooth transition into the new...
Posted by | February 16, 2024
Managing a business requires meticulous attention to numerical data, requiring constant monitoring to achieve success. As we step into 2024, let's talk about some important trends in accounting that business...
Posted by | September 22, 2023
What is Record-to-Report (R2R)? Record-to-Report (R2R) is the backbone of any company’s or business’s Financial Management. It is the management of Finance and Accounting process that involves collecting, processing, and...
Posted by | February 17, 2023
The rise of artificial intelligence (AI) has opened up a host of new possibilities for accountants, including the use of chatbot AI. Chatbot AI (Artificial Intelligence) is a software program...
Posted by | December 23, 2022
Accounting is an essential part of running a business, whether big or small. It is the process and method of recording, analyzing, summarizing, and extracting reports of the transactions of...
Posted by | November 25, 2022
Certainly, building a business is something to be proud of—and it is exciting! But data entry of receipts, invoices, and inventory purchases into your files, is definitely not so much...
Posted by | February 25, 2022
The Ministry of Corporate Affairs (MCA), with an objective of curbing backdated entries in the books of accounts of the companies, had issued a notification last year on 24th March...
Posted by | October 1, 2021
Artificial intelligence (AI) is very powerful and is improving quickly. AI provide outputs that can be extremely accurate, replacing and in some cases suspending human efforts. However, they do not...
Posted by | July 3, 2020
It is interesting to see the developments in the case of German Fintech Co Wirecard which until a few days back was a model poster company. On 1st June its...
Posted by | June 19, 2020
All taxpayers are aware of the Form 26AS which is an annual consolidated statement issued by the Income Tax Department under Section 203AA of Income-tax Act, 1961. It contains details...
