Steps to Effective Third-Party Due Diligence
Due Diligence is an exercise of care, carried out before entering into an agreement, business venture, mergers, and acquisitions, etc. Due- Diligence is also interchangeably used for investigation, audit, or performance review. It is a very comprehensive process requiring experienced professionals who make a detailed study of the organization’s objectives, culture, management, processes, people, resources, […]
Why Hire a “Virtual Accountant”, instead of full-time employee?
Having an on-site bookkeeper who handles accounts at your office is an old idea. Most people these days opt for virtual bookkeeper, or virtual accounting and bookkeeping services which are as effective as having an on-site accountant and provide many additional benefits. A Virtual Accountant is a consultant who is available to provide solutions to all your […]
The ABC’s of Outsourcing for Start-Up’s: Accounting, Bookkeeping& Chief Financial Officer Services
As a startup firm learning which financial services you will need to run your business smoothly is essential. Understand that even startup companies need a lot of backing to maintain their finance. Such as financial advisory services, banking assistance, taxation advise accounting, and bookkeeping services among others. The recent trend among startup companies is to […]
Role of Virtual CFO in an SME
CFO vs VCFO: A Chief Financial Officer (CFO) as the name suggests plays a very significant role in managing the firm’s income and expenses, he is responsible for making various decisions related to investments, financial planning, tracking cash flows, taxes, etc. Thus, a CFO’s role is very significant in an organization and he is one […]
“Revealing the Benefits of Startup Registration in India”
“Revealing the Benefits of Startup Registration in India” In recent years, India has developed as a hotbed for startup development, cultivating a vibrant entrepreneurial environment that attracts talents from all corners of the globe. With its burgeoning economy and supportive policies, India offers a conducive environment for startups to flourish and thrive. One crucial step […]
Why is India the best place to outsource accounting services?
Managing the financial aspects is a crucial operation for any type of business or commercial entity. Businesses need to account and track incomes and expenses consistently to analyze the financial standing of the company. Through accounting and bookkeeping, companies can create accurate financial reports, check the efficiency of their operations, and analyze where improvements are […]
Mistakes to avoid while filing an Income Tax Return (ITR’s)
Mistakes to avoid while filing an income tax return Filing income tax returns can be stressful. In the midst of it all, managing work along with filing returns can lead you to miss out on a few details and wrong details happen to get filed. The situation, even though not ideal, is natural to […]
Tax Planning and Strategies for Business
Tax planning and strategies for business Corporate or Business tax planning is not well understood by many individuals. This blog post will help you to provide an in-depth clarity about tax planning, various strategies to acquire, its importance and how it can enhance your business performance. Tax Planning DefinitionTax planning is a comprehensive analysis of […]
5 ways to tell if you need to hire a bookkeeper for your business
5 ways to tell if you need to hire a bookkeeper for your business Bookkeeping and accounting are inevitable no matter what scale of business you function at. Small and big businesses need proper bookkeeping to keep a check and grow operations.If the books are not maintained properly they arise problems when the audit is […]
How Outsourcing Helps Small and Midsize Business (SMBs) Thrive
With 42.5 million small and midsize businesses in India, over 106 million people are employed in SMBs. By utilizing advanced technologies, businesses are growing by leaps and bounds in record time. AR/VR and other developing technologies are predicted to be adopted by small businesses throughout the Covid-19 pandemic in 2022. Why is Outsourcing valuable for […]