Importance of WIP (Work In Progress) Sheets in Practice!!!
Closings are the time of month you dread the most. Many enterprises form businesses to govt entities dislike the time as they need to put in extra time & energy to close their books. The public and other stakeholders rely on receiving reliable financial information on a monthly basis. But an accountant is the only […]
Cloud Accounting – Need for Accountants
The entire world is increasingly adapting to cloud services from connected appliances to internet-based educational programs. Basically, cloud platforms have helped medium & smaller businesses to offer their services more effectively to their clients using shared technology platforms. This has mostly happened by eliminating the need of dedicated IT infrastructure to handle data, accessibility & […]
5 COMMON ACCOUNTS OUTSOURCING MYTHS ~ BUSTED! (PART-2)
Cheaper the labor, lower the service quality. It is a general tendency to assume the quality of a commodity in proportion to the cost price. But, when the global factors are in play it is a whole different game. In India, there are a lot of skilled, highly-qualified and experienced graduates in the workforce.  Service […]
5 Common Accounts Outsourcing Myths ~ Busted!!! (Part ~ 1)
Outsourcing your core services (bookkeeping, tax preparations, payroll etc.) can prove to be an intimidating task, since you’ve never done it before or are dealing with a new outsourcing vendor of a new country. And often, these fears and uncertainties can give birth to a lot of myths. Let’s try and bust some! Outsourcing is […]
Have you considered Outsourcing? Why Not?
For small & mid-sized accounting practices outsourcing their work can be quite a dilemma. There are quite a few issues which need to be considered & most of the time partners/owners are in dark about major factors to arrive at a proper decision. Cost is not the only factor for making the decision as there […]
Accounting Outsourcing–Gaining ground in the United Kingdom
IT (Information Technology) outsourcing has been a significant trend globally for more than two decades now. US have been a leader in the world in outsourcing due to the combination of high overhead costs and strong cultural affiliation between the US and Asian technology companies. Most of the accounting outsourcing work started with requirements of […]