Accounting is not just a game of numbers. It is also about maintaining precision, transparency, accuracy, and withholding integrity at the highest level. Some of the biggest accounting scandals are based on the foundation of conscious or unconscious audit issues. When there are key issues in the audit report of a business, this impacts them […]

MNCs are not just about a big team, big office space, and many clients. As the size of businesses continues to grow, the complexities increase too. Corporates levied with the responsibility to handle the accounting and finance of many clients, from different industries also need to emphasize how each of these businesses should operate, addressing […]

MNCs are not just about a big team, big office space, and many clients. As the size of businesses continues to grow, the complexities increase too. Corporates levied with the responsibility to handle the accounting and finance of many clients, from different industries also need to emphasize how each of these businesses should operate, addressing […]

Taxation or any other scope of work in accounting isn’t just limited to completing the delivery of work. Today, we live in a socially aware world, where all the stakeholders of a business – clients, investors, and management are concerned about taking and giving back to society and the environment. They are also aware of […]

Corporations are no longer just competing in their own geography. With the growth of digitalization and innovation, the world is coming closer. While access to global markets and talent, ability to pursue business round the world has become easier, large nations with important economies like United Nations are face limitations because of the international competition. […]

According to a study by IBM and the Ponemon Institute, the average cost of a data breach to organizations was $4.45 million in 2023. Another study by the Verizon Data Breach Investigations Report in 2023 found that 95% of the attacks are launched for financial gain, not for political or personal agendas (according to Oracle).  […]

Offshoring tasks has brought small CPA firms several benefits over the past few years. But as much as enterprises enjoy the benefits, there are complexities and challenges, and monitoring is one of them.  There has been an increased sophistication in the technology used, the innovations made, and the advantages provided. With the addition of tax […]

Accounting firms have been increasingly acknowledging and adapting AI in their daily pursuit. A report reveals: 54% of accountants believe that the value of a firm drops if they do not use AI 66% agree that AI can serve as a competitive advantage 46% agree that AI can help attract and retain more talent in […]

Businesses, no matter their sizes, need accuracy and precision in their financial journey. There is so much complexity and uncertainty. Understanding the numbers and their real meaning is of immense importance. Accurate budgeting and forecasting are the foundation of building a foolproof strategy. When it comes to financial forecasting, business leaders might find themselves in […]

The accounting industry is constantly evolving – market conditions, an unsteady economy, changes in regulations, and capacity challenges are some of the factors that make an impact. But their ability to quickly transform according to the changing market conditions and customer needs, the business’s ability to remain agile makes a massive difference. To remain ahead […]