accounting (74)

The Role of Technology in Enhancing Audit Outsourcing Effectiveness

Audit outsourcing services have become an increasingly popular choice for organizations looking to maximize the value of their audits while minimizing cost and resource allocation. In recent years, the use of technology in audit outsourcing has revolutionized the audit industry, enabling organizations to perform audits more efficiently, accurately,...

Madison Ellie · 11 months ago · 1

Why Your Business Would Use A Sale And Leaseback

Introduction You might have heard of the term sale and leaseback in business and accounting terms, but a lot of business owners might not know exactly what it is and also, how a sale and leaseback transaction could benefit them. Here, we're looking...

Joe Greenslade · 13 December 2022 · 8

Important activities every businessman should complete before 31st March

Important Things to do before financial Year End In India, the financial year is from April 1st to March 31st every year. As a result, the 31st of March is a critical deadline for meeting significant financial obligations. The mercantile system...

Riya Walke · 16 March · 1

What are the Depreciation Rates & Rules of Income Tax Act

According to the Income Tax Act, depreciation is the reduction in an asset's value brought on by use, deterioration, aging, or obsolescence. The Income Tax Act permits an entity's depreciation costs to be subtracted from its taxable income. Since de...

Riya Walke · 25 April · 1

What are the Depreciation Rates & Rules of Income Tax Act

According to the Income Tax Act, depreciation is the reduction in an asset's value brought on by use, deterioration, aging, or obsolescence. The Income Tax Act permits an entity's depreciation costs to be subtracted from its taxable income. Since de...

Riya Walke · 25 April · 1

Impact of the 45-Day MSME Payment Rule Starting April 1

The 45-day MSME (Micro, Small, and Medium Enterprises) payment rule, also known as the TReDS (Trade Receivables Discounting System) rule, is a regulation that mandates large companies to make payments to MSMEs within 45 days of the confirmation of go...

Riya Walke · 05 April · 1

Bookkeeping Basics That Every New Small Business Owners Must Know

Starting a business is not a piece of cake. What makes starting a new business daunting for most small business owners is the finance and taxation part of the business; if you have created a business despite all the obstacles, congratulations! You ha...

George Anderson · 26 April 2023 · 11

An Overview to Amazon Accounting for FBA Sellers

Need to ensure that you're capitalizing on your FBA store funds? Here is our Amazon Bookkeeping guide. Did you have any idea that around half of Amazon's complete income in 2019 came from outside vendors? With the number of new vendors going into the...

Andrew · 06 November 2022 · 9

Know About Best Practices for Online Tax Return Filing and Business Activity Statement

Australian tax systems are reliant on the Business Activity Statement (BAS) and online tax returns to ensure compliance and accurate disclosure of financial information. In addition to GST, Pay as You Go (PAYG) withholding, and other taxes, the BAS s...

Deepanshu Matebiz · 17 June 2023 · 9

Pakistan has been facing numerous financial problems over the past few years

Pakistan has been facing numerous financial problems over the past few years. Some of these challenges include high inflation rates, high levels of external debt, unemployment, trade deficit, and poor tax collection. In this context, effective tax collection can provide a much-needed boost to the economy, especially if the collected revenue is inve...

Hamza Waqar · 20 March 2023 · 8

FINANCE MANAGEMENT SOFTWARE: FEATURES AND BENEFITS

Managing your finances and adhering to a budgeting plan is a bit challenging task. Every month we make a plan and find it hard to stick by it. Unaware of the extra expenses, new updates in the laws, etc., keep it hard to track all our costs, as there...

Jeenal Jain · 17 October 2022 · 8

Virtual Wealth, Real Taxes: Dubai's Approach to Virtual Assets!

In an era dominated by digital innovations and virtual assets, governments worldwide are grappling with the challenge of taxing wealth in the digital realm. One of the most intriguing approaches to this issue is found in Dubai, a city renowned for it...

SA Consultants UAE · 18 December 2023 · 5

Evaluating and Selecting Accounting Software To Streamline Financial Processes

Accounting software is an error-free and efficient digital tool that can record all the everyday financial transactions of the business organizations, while also managing the finances. The best accounting software can be used for managing financial t...

Alex · 11 August 2023 · 6

What is the basics of accounting?

Accounting is often referred to as the language of business. It is a fundamental aspect of any organization, whether it's a small startup, a multinational corporation, or a non-profit organization. Accounting helps organizations track their fina...

Riya Walke · 18 October 2023 · 2

What Are Indian Accounting Standards?

Indian Accounting Standards Indian Accounting Standards (Ind AS) are a set of accounting standards notified by the Ministry of Corporate Affairs (MCA), Government of India, in accordance with the Companies Act, 2013. These standards are largely conv...

Riya Walke · 30 March · 1

Why Choosing an Outsourced Payroll Firm Makes Perfect Sense

In today's fast-paced business environment, managing payroll can be a challenging and time-consuming task. From calculating employee salaries and deductions to ensuring timely tax compliance, payroll processing requires a great deal of attention to d...

Oliver Brown · 26 October 2023 · 2