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Soatech.in news digest

  • 6 years

    Regular Internal Audit to Improve Profitability

    In the previous article we had demonstrated how having effective controls in for of Standard Operating Procedures (SOPs) help in controlling frauds and reducing losses.
    Once the effective controls are implemented in the business same has to be monitored through Internal Audits. Internal Audits are independent, objective consulting activities designed to evaluate and improve the effectiveness of risk management, control...

  • 6 years

    Effective Control in Purchase Stage to Prevent Frauds

    A company with many different processes may suffer from lack of control of the management. If there are no control mechanisms in place, then there are chances of frauds which may result in high losses for the company. A manufacturing company has typically...

  • 6 years

    GST Compliance Process Simplified

    In a series of announcements the GST Council on Friday 6-Oct simplified the compliance requirements for GST. The far reaching changes in GST are designed to ease the burden of SMEs and exporters.
    Composition Scheme turnover limit extended- The turnover limit for businesses to register under the composition scheme has been extended from current Rs. 75 Lakh to Rs. 1 Crore. Lakhs of businesses in the Rs. 75 Lakh to Rs. 1 Crore bracket will be able...

  • 6 years

    Choosing your Accounting Services Outsourcing Partner

    Consider this:
    A CEO of a multinational company after reviewing his quarterly results comes to the following conclusion:
    Growth is stagnant

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Web host: Public domain registry Operations
Registrar: INRegistry
Registrant: REDACTED FOR PRIVACY
Updated: February 14, 2023
Expires: May 28, 2024
Created: May 28, 2012

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