Financial statement mirrors the health and status of your business. Sorting through various aspects such as debit, credit, income, and expenses calls for financial literacy. Accounting is a language in itself; to understand financial summary, you must be wary of a few accounting terms. We are often approached by our clients with plenty of questions…
read moreIntroduction Automation in fintech is a need of an hour - why are we claiming? With ever-changing and constantly increasing technologies in fintech - the maintenance and optimal usage of such innovations are even hard to handle for tech personnel. Not only operational integration -
read moreTax is always an issue in practically every aspect of the business. Before entering into commercial transactions, tax advice by Tax advisory services should be sought to avoid unexpected tax losses. As a result, tax preparation is best established ahead of time. On the other hand, certain transactions may have been carried out without
read moreWhen overseeing your company's financial matters, it's best to have someone who is both informed and committed. The Chief Financial Officer is responsible for such responsibilities in a traditional business organization. In this post, we'll look at the advantages of hiring a virtual CFO. What is a Chief Financial Officer (CFO)? A top executive in…
read moreMany people use the phrases CFO and Financial Controller interchangeably, and they are viewed as synonyms, however, there is a distinction between their positions in a corporation. Knowing the operations that come with their responsibilities helps to understand their differences. The distinction between a Chief Financial Officer and a Finance Controller will be discussed in…
read moreOutsourcing and offshore have become buzzwords worldwide, and many individuals use them interchangeably due to this tendency. However, they are not interchangeable and refer to various features of the same thing. In contrast to onshoring (in the home nation) and nearshoring (inside the same country), Offshoring defines the location (meaning outside of the country) (in…
read moreVirtual CFO has benefited organizations in performing to their full potential. Businesses have overcome persistent financial and operational issues thanks to their assistance. Financial preparation has become more critical than ever before to avoid unforeseen economic consequences, especially after the epidemic. As a result, businesses rely on the services of a CFO. While not every…
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