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  • December 06, 2022

    Advantages of Auditing Services in India

    Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following documented system of recording transactions. It is done to ascertain the ...

  • February 03, 2021

    Applicability of Internal Financial Controls For Private Limited Companies

    Threshold Limit for Applicability of Internal Financial Controls (IFC):   Internal Financial controls (IFC) are defined within the explanation to Section 134(5)(e) of the Companies Act 2013 as the policies and procedures adopted by the ...