Protecting Your Company From Accounting Fraud
As your corporate organisation develops and expands, accounting fraud continues to advance to increasingly complicated levels. The complexity and diversity of fraud risks are increasing the likelihood that it will affect your firm. The hard circumstances that commercial enterprises encounter…
Read moreMajor Benefits Of Updated Bookkeeping And Accounting Records
For company pioneers to make the best decision with an institution in the information, all businesses, regardless of size or shape, should maintain regularly updated accounting and bookkeeping records. Refreshed accounting and bookkeeping services records that would aid in making…
Read moreAudit Accounting Standard
Importance of Audit and Accounting Standard in Private Companies Private companies are lowering their lease accounting standards. According to a new survey, approximately 40% of private companies are planning to implement the new lease accounting standard late or have not…
Read moreEU VAT CHANGES FOR 2015
There are two new directives, first for the fast reaction mechanism aimed towards preventing VAT fraud. Second one is for the optional and temporary application of the reverse charge mechanism in relation to supplies of certain goods and services. Quick Reaction…
Read moreUSES OF FINANCIAL REPORTS
Financial statements may be used by different stakeholders for a multitude of purposes. Owners and managers require financial statements to make important business decisions affecting its continued operations. Financial analysis is then performed on these statements, providing management with a more…
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