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What Is Audit Support and QuickBooks, How Does It Work?

Introduction: If you have been fortunate enough to work with a good Auditing firm, you must have come across the phrase, “Work not documented is work not done”. Documentation (sometimes also referred to as audit work papers) is like the backbone of the Audit Support & Assurance profession. SA 230 defines Audit documentation as “The …

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Audit Materiality & Significance of Financial Statements

‘Materiality’ – If you are an audit or accounting professional, this term should sound very much familiar to you. Right from the planning stage up to the issue of Audit report and even while considering the impact of subsequent events, materiality plays a pivotal role at almost every stage in Audit. Considering its importance, lets …

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E-commerce Sales Tax: Everything You Need to Stay Tax Planning & Compliant

In recent times, most of the businesses are on the e-commerce platform and sell all over the world. It is really beneficial for businesses and consumers to have today era as an online store which helps consumers to get good quality products at a competitive rate and also helps businesses to increase sales and make …

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