Start-ups in India have been the key in attracting foreign investment into the country. However, everyone is aware about the difficulties that the start-ups face due to red-tapes and other hurdles. The Indian economy has never been nourishing enough for start-ups. Strict scrutiny, documentation and operational costs along with...
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Compliances form a very important part in any company incorporation. The Companies Act 2013 is an inclusive act of the Central Government which basically lays down all the rules about the establishment and functioning of any company operating in India. Without further ado, let’s have a look at some...
Debt syndication or loan syndication is a process where a group of lenders come together to meet the requirement of a single borrower. This usually happens when the loan amount is too big for a single lender or is beyond his margin of risk. These various lenders then form...
All of us, at some point in life, get this idea of starting something of our own. A business plan becomes very essential for them who go ahead and start something. There are numerous startups that become a hit overnight and many that fail in a day and a...
While we know that the field of merger and acquisition is a tricky one, we do often wonder about the different steps it involves and why there is so much discussion over Due diligence. Due diligence is an evaluation process used by an interested buyer to better understand the...
A Company Secretary is a senior position in any company. Although the name seems clerical, the actual job is of a CS who is commonly responsible for compliances with rules and regulations. A CS keeps the company and its members in check and aware of their legal position. To...
Accounts of any business are considered as its backbone! The mathematics of numbers is really the mathamagic of numbers that transform your business! Small firms, commonly known as “start-ups” usually outsource their accounting to an outsider and this outsider is known as Accounting Outsourcing Partner. This partner takes care...
IT business and accounting are inter-dependent. While accounting uses technological tools and advancements to boost the whole process, IT business includes accounting to record, evaluate and interpret data. One reason why the IT industry is a common receptor of such problems is, it changes dynamically in even a short...
The term bank reconciliation might be known to you if you are involved in accounting or knowledgeable about the matter. BRS is prepared on a periodical basis to check bank related transactions are recorded properly in cash book’s bank column and by the bank in their books or not....
Filing taxes is something that no one likes to do especially, if you owe a lot of money in the form of taxes. This can lead to procrastinating the whole process of filing taxes. But this is not at all advisable, as this can lead to more problems and...