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What is an inventory? What are the benefits of inventory verification in India? Inventory verification is one of the most important activities for a company. It consists of several tasks that, with sufficient practice, improve the flow of products in and out of the warehouse. One of the keys to keeping the information on the volume…
Every company needs to manage its assets by turning to fixed asset register (FAR) maintenance services to ensure good asset management. What is asset management and what are the steps or techniques for doing it? Here’s the explanation! Assets in accounting are resources or wealth owned by an entity. Where, every company must have an asset, whether…
It is important to note that there are no universal criteria for assessing the effectiveness and efficiency offered by an internal audit firm in India. The composition and target values of specific indicators are established by the best internal audit firms in India in agreement with the company’s management. They can be aggregated for the…
Internal audit at many enterprises remains a necessary duty and is carried out “for the show”. However, with a competent internal audit firm in India, it becomes one of those tools that increase business efficiency. What to look for to make internal audit a growth factor and not a burden for the company, we will tell…
According to GST, if any person has registered under the GST process, then that person will have to get his account audited with the help of a Chartered Accountant (CA) or CMA Accountant (Certified Management Accountant). Every registered person must undergo a GST audit based on the provisions of the GST Act. In this article, we will…
The compliance outsourcing services provide the advantages of ensuring the effectiveness of controls by competent and experienced professionals as well as monitoring the relevant regulations. It is as much an economic solution for securing income as it is in terms of execution. Whatever the sector of activity, internal control and compliance have taken on a…
The network infrastructure forms the basis for the most important IT applications in your organization. This makes them a highly endangered area and particularly interesting for attackers. Many companies do not meet the requirements to effectively implement network admission control policies and protect devices in the internal network. Network connections can easily be attacked by intentional or…
How can internal audit firms in India show the importance and promising development of their activities? To do this, it is necessary to convey the department’s interest in working for the good of the company. Shifting the focus from auditing to control and analytical, and ideally to consulting best internal audit firms in India, will…
Because of their central importance for the supply of information to organizations, the IT infrastructures are a decisive factor. Weak points in IT security rapidly result in loss of data or production downtimes and ultimately endanger economic success. For companies that require to have a secure and stable network, taking the help of Network Access Control comes…
To begin with, the best internal audit firms in India provide an alternative flow of information. If, for example, the owner feels that the mutual admiration of the management with each other and him, that is, the owner directly, does not lead to the strategic goals of the company, then it is very interesting to listen to…
