🔊 Play How to do Online Annual Return filing? Why it is important? We must determine the basic ROC / Annual Filing compliances that must be fulfilled by every organization as the new fiscal year gets underway in order to accomplish them all well in advance and avoid any last-minute rush or penalties. A number of compliances must […]
Category: Auditing
ACCOUNTING AND BOOKKEEPING SERVICES IN INDIA
🔊 Play In India, accounting and Online Bookkeeping services are frequently mixed in the corporate world. Many people might be confused by the question, “Isn’t a bookkeeper and an accountant are same? As per the Industry expert- Mr. Sanket Agarwal (the best Tax consultant near me) there is a difference between them but both of them work […]
Difference between Auditor & Compliance Officer
🔊 Play The distinction between the auditor and the compliance officer is not always apparent. There are obvious parallels, and the two have common characteristics with some overlap, so it is fair to confuse them with almost fusion. In certain instances, they must function together, but there are distinct variations. One interesting difference is that […]
Why is Internal Audit Important for Your Company in India?
🔊 Play INTERNAL AUDIT Internal audit process is executed in every company irrespective of its size and under which segment it is operating. Internal audit process helps in keeping an internal checks & balances on the company policies & management including corporate governance and accounting processes associated. Internal audit process also ensures that the company […]
STATUTORY AUDIT OF FINANCIAL STATEMENTS OF COMPANY
🔊 Play The audit is an independent examination of the financial statements of an organization by an auditor. It is conducted to ensure that the financial statements represent a true and fair view of the financial position of the organization. Auditor presents the independent auditor’s report to the stakeholders of the company. There are various […]
Internal Audit Requirement Under Companies Law in India
🔊 Play If we talk about audit compliance in India, You must be aware that every company shall appoint the auditor and get the audit of financial statement done every year. This shall apply irrespective of whether a company is newly established or whether an existing company is under loss. Today we will discuss the […]
What comes after incorporating a foreign subsidiary in India?
🔊 Play Among several ways to bring foreign investment in India setting up a foreign subsidiary is the most popular and one of the best alternatives. When we as consultants help our foreign client establish their business in India by incorporating a company in India, We always make sure that they have proper guidance on […]
Cost of audit service in India
🔊 Play Any company in India needs to get their accounts audited (statutory) on a mandatory basis. There are other audits such as tax audit and internal audit which has certain criteria on the basis of which it is decided whether these audits are needed. Individual practicing Chartered Accountants qualified to do the audit or […]
Difference in statutory audit and tax audit requirement in India
🔊 Play An audit is the inspection of an individual or any legal entity’s books and accounts. In any audit, accountants verify that a company’s business transactions were recorded accurately, and provide a true and fair reflection of that company’s financial situation. Two major audit comes to our mind which are ruled by company law […]
Audit of a new company
🔊 Play Audit of a new company is mandatory irrespective of its volume or turnover. If you are into a business then it is essential to know your compliance requirement. Apart from handling your daily operations, it is important to know what are the regulatory authorities to whom you need to submit certain information or […]