In today’s rapidly changing world, safely sending and receiving money across borders has become so important in your life. That’s where SWIFT comes in – they’re like your trustworthy friend helping your money travel where it needs to go, fast and without worry. In this article, Let’s break down how SWIFT works and why using …
SWIFT Payments Explained: Features and Benefits for You Read More »
In today’s fast-changing tax scene, embracing digital solutions is key to streamlining how you handle your responsibilities. One helpful new way to do that is through e-KYC on the GST portal. This modernised approach simplifies life and marks an essential step toward a secure, tech-savvy system for paying taxes. Understanding e-KYC: E-KYC lets businesses electronically …
Many millionaires don’t abide by this rule in a world where it is a civilian’s responsibility to file income tax returns. Irrespective of the severe consequences they may face, there are still around 1,000 millionaires who have not filed their returns. The question is: Why millionaires don’t file income tax returns? The following are some …
Nearly 1,000 Millionaires Haven’t Filed Tax Returns Read More »
Technology has been a boon for people in today’s world, especially the financiers and accountants. They can keep their work organised with the help of applications. Numerous processes in accounting require layers of calculations and data analysis, for example, automating repetitive tasks to enhance data security. Accountants can now depend on technology for these processes. …
Audit case studies provide valuable insights into the world of auditing, offering lessons that can shape the profession and help auditors navigate complex challenges. In this blog, we delve into some famous audit case studies that have impacted the auditing profession. These case studies demonstrate the importance of thoroughness, professional scepticism, and adherence to auditing …
Famous Audit Case Studies: Lessons Learned from Noteworthy Audit Failures and Successes Read More »
Summa de arithmetica, authored by Luca Pacioli in 1494, holds a significant place in accounting history. This blog explores Summa de Arithmetica’s profound impact on modern accounting practices’ development and its continued relevance in the field today. 1. Introduction of Double-Entry Bookkeeping: One of the most transformative aspects of Summa de arithmetica was the introduction …
Summa de Arithmetica: Its Enduring Influence on Modern Accounting Read More »
The busy audit season can be an intense and demanding period for auditors. With tight deadlines, long hours, and high-pressure situations, auditors must prioritise their mental well-being and maintain mindfulness. In this blog, we’ll explore the importance of mindfulness during the busy season and provide practical tips for auditors to stay grounded, focused, and balanced …
The Art of Mindfulness: Nurturing Well-being during the Audit Busy Season Read More »
As technology advances, the audit landscape in India is undergoing significant transformations. One notable development is the rise of AI-powered tools like Google Bard and ChatGPT, which are designed to enhance audit processes and improve efficiency. While these tools offer promising benefits, they also pose specific threats and challenges that auditors need to be aware …
The Use and Threats of Google Bard and ChatGPT in the Audit Landscape in India Read More »
Auditor resignations in India have been making headlines in recent times, raising concerns about the integrity and transparency of financial reporting. Several high-profile cases have come to light, where auditors of prominent companies have stepped down, leaving investors and stakeholders questioning the reasons behind these sudden departures. In this blog, we will delve into some …
Recent Auditor Resignations in India: Unraveling the Reasons Behind Read More »
Embarking on a career in the audit domain can provide you with a strong foundation of financial knowledge and analytical skills. However, after spending several years in the audit profession, you may start contemplating your career options and seek new challenges. In this blog, we will explore various career choices you can consider after an …
Exploring Career Choices Post Extensive Audit Career: Opportunities in India and Abroad Read More »
