Audit Trail compulsory to be installed in accounting software w.e.f. 01.04.2023   Introduction The Ministry of Corporate Affairs (MCA) has issued two notifications, one on March 24, 2021 and the other on April 1, 2022, stating that all companies are now […]

All you need to know about the tax filing requirement in the USA Introduction Taxes are an essential part of any country’s economic system, and the United States is no exception. Every year, millions of Americans are required to file […]

Social media laws and recent implications Introduction Social media has become an integral part of our lives. With the rise in social media platforms, there has been a significant increase in the number of people who use them. In India, […]

What is a book of accounts? How do you maintain the book of accounts for start-ups? Introduction Maintaining proper financial transactions is essential for any start-up, as it enables entrepreneurs to track their finances and make informed decisions. In this […]

Why Does Your Company require a Legal Compliance Management Service? Introduction Legal compliance is an important factor in running any business. It refers to adhering to all the laws, regulations, and standards set by the government, industry bodies, and other […]

What is the scope of the accounting system? Introduction Accounting covers a broad scope, impacting sectors such as business, trade, government, financial organizations, individuals, and families. Accounting principles regulate this expansive scope. Contrary to the belief that accounting focuses only […]

A complete guide on the Reasons For Small Business To Outsource Accounting & Bookkeeping Introduction It can be difficult for many small firms, startups, and business owners to hire an accountant. Hiring a qualified and eligible person at a reasonable […]

What is the process of conversion of a Sole Proprietorship to a Private Limited Company? Introduction People start their businesses as Sole Proprietorship due to the low compliance requirements. As a business grows, the demands and drawbacks of a sole […]

8 Stupid errors in an LLC operating agreement Introduction An operating agreement is the foundation of every limited liability corporation (LLC), and it guarantees that partners are treated equitably.  An Operating Agreement can not only prevent and settle prospective membership conflicts, […]