Knowledge hub

Do you know risk to your Brand ??

Brand risk can be defined as threats to the brand equity or threats to the brand differentiators that make consumers choose one product or service over the other

Why to Outsource ??

Payroll and accounting services are a hefty and important aspect to any business of any size. It’s no wonder mistakes in those areas can cost companies billions of dollars.

IFRS 9 Impairment How to calculate ECL?

IFRS 9 is a reporting standard for financial instruments that replace IAS39 with the introduction of provisions of calculation of ECL

Need Fssai license??Here is how to apply?

Every business in food processing in India need to have food license from FSSAI. license may be simple registration or state license or center license. Here is how to get you business registered with FSSAI   License

Financial statement audit

In a fast changing, technology-driven world, building and maintaining trust has never been more important or challenging. Providing trust over financial reporting is a big responsibility, and it lies at the heart of everything we do.

How to get registered under GST?

A dealer may require to get registered under GST by the law or he may get registered voluntarily. The process to get registered under GST is very simple. Here is step by step guide on how to complete registration process online on the GST Portal–

What Should we consider before making decision to go for overtime ?

In current business line particularly in a small  business where two shift production processes are  not possible due to financial reasons overtime is taking place, but before making any decision regarding overtime one should consider some key points.

All about Income tax refund

Every year we all file income tax returns (ITR) but most of us are not sure about how the process of claiming income tax refund works. For the FY 2019-20, the last date of ITR filing has been extended November 30, 2020 due to coronavirus. 

How to file Income tax return ?

For every person having income more than basic exemption limit, it is mandatory to file income tax return. ITR can be file with following simple steps.

Lease Accounting- From IAS17 to IFRS 16

An entity shall apply IFRS 16 retrospectively for annual periods beginning on or after January 1,2019

In January 2016 the International Accounting Standards Board (IASB) issued IFRS 16, ‘Leases’, and thereby started a new era of lease accounting – at least for lessees! Whereas, under the previous guidance in IAS 17, Leases, a lessee had to make a distinction between a finance lease (on balance sheet) and an operating lease (off balance sheet)