How “Reviewer Seat” can Be a Game Changer for Accounting Firms in Getting Tax-Ready Books
At Finsmart Accounting, we hold accuracy, timeliness, competency, and compliance in the highest regard. From small accounting firms to large corporations – we cater to the needs of one and all. We understand that every business is unique and so are their needs. But one thing remains constant – making clients happy. We understand that […]
Cybersecurity And Financial Threats – How Should CFOs Protect Data?
Cybersecurity is not just an IT risk, it impacts a business as a whole. A report from IBM found that data breaches cost organizations about $3.86 million per attack. Since the past two decades, there has been a sharp increase in cybersecurity attacks on businesses and internet advertising. As a result, the costs that organizations […]
Challenges In Cross-Border Auditing For Medium-Size Accounting Firms
As bigger corporates and MNCs continue to expand their operations in geographically diverse regions, there is a need to be aware of the challenges too. With larger geographies come the challenges of maintaining complex audit processes. Now, auditing is not just about tallying the numbers and ensuring there is no error; it is also about […]
Which is the Right Accounting Forecasting Model for You? Find Out!
One of the major functions of accounting firms is to evaluate past performance and curate strategies based on this historical data. Financial results are important for the overall success of a business – for clients and other stakeholders. Planning and preparing for the future is just as important as taking care of the current books. […]
Leveraging Outsourcing For Complex Audit Processes For MNCs
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 […]
Trends Shaping Tax Policy In A Socially Aware World For Firms Of All Sizes
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 […]
Cybersecurity and Financial Threats – How Should CFOs Protect Data?
Cybersecurity is not just an IT risk, it impacts a business as a whole. A report from IBM found that data breaches cost organizations about $3.86 million per attack. Since the past two decades, there has been a sharp increase in cybersecurity attacks on businesses and internet advertising. As a result, the costs that organizations […]
Tax Cuts & Job Reforms – How Will They Impact Large Corporations?
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. […]
How Outsourced CFOs Help Mitigate The Risk Of Regulatory Clashes
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). […]
Top Accounting Challenges MNCs Face in India
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). […]