The month-end closing process is one task that is dreaded by almost every person in the accounting department. Several processes are involved like depreciating fixed assets, reconciling inventory discrepancies, settling work in progress material, posting billing documents and payroll. This process can be a tedious one. But there are...
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When we talk about accounting, in a broader sense, it involves a spectrum of varied aspects. It is basically a process of summarizing, interpreting and communicating the financial transactions that are recorded in the Books of Accounts. Bookkeeping is a part of this vast umbrella of accounting. There are...
Accounts outsourcing is a very common practice in the accounting world. Many small firms and mid-sized companies opt for this option to the ease their operations and isolation from the normal business chores. It is however understandable that submitting the accounts of your business isn’t an easy decision. To...
Tax season comes only once in a year, but it is a big deal for every business owner. Many companies leave it to the last minute and this procrastination costs a lot because books closed in a haste tend to have errors; both procedural and regulation wise. Every year,...
Outsourcing has become a popular trend in this hectic lifestyle, and it is a win-win situation for everyone who is involved in it. It allows CPAs a little extra time if someone else is taking care of their routine work. Accounts outsourcing has been a looming industry in India....
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...
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...