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How has COVID Affected Financial Reporting and Auditing?

admin / Blogs ,

31 Aug 2020

How has COVID Affected Financial Reporting and Auditing...

COVID-19 pandemic has influenced all the financial markets and economies around the world. Voluntary changes in customer behavior have impacted entities in retail, leisure, hospitality, entertainment, and travel sectors. All these industries have reported a drastic decline in their revenues.  Liquidity concerns, deteriorating credit, financial market erosion, and volatility are general economic downturn-like conditions experienced by most firms. These conditions have reduced demand for products and...

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What are the misconceptions of account outsourcing?

admin / Accounting Services , Blogs , primary blog ,

11 Aug 2020

What are the misconceptions of account outsourcing?

Outsourced accounting and finance services have gained a substantial foothold amidst SMEs. They are gaining add-on benefits and accelerating business growth.  However, while businesses consider outsourcing for the first time, they might fear about some critical issues. Sometimes, they are reluctant to take the step, mainly where your finances are concerned. Often observed with indifference, confusion many entrepreneurs have the misconceptions surrounding outsourced services abound. Thus,...

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