Internal Auditing Services, Financial Audit Firm Auditors in India. The Institute of Chartered Accountants of India (ICAI) lays down the standard for Internal Audit.
The ICAI defines Internal Audit as a Risk Management Function that is carried out independently to assist the management of an organization. This audit is carried internally at the behest of management, and it is different from the External or Statutory Audit. Internal audit helps in identifying the loopholes and gaps while implementing the policies and procedures laid down by the organization on various day to day functions. The audits can be performed in areas related to Finance, Risk, Statutory compliance, etc. It also does checks on the internal controls and helps in the implementation of best industry practices for meeting the corporate objectives. What is Internal Audit? The internal audit evaluates the company's internal controls that include its corporate governance and accounting processes.
Microfinance Company Registration Online. Microfinance Institutions provide financial services such as loans, savings, and insurance to needy people of the society and small business entrepreneur who will not be able to qualify for a standard bank loan.
Features of Microfinance Institutions Here are the following key features of Microfinance Institutions: Microfinance Institutions must be incorporated as per the Companies Act 2013 or 1956. Before starting operations they must have a minimum net worth as prescribed by the authority. They must have obtained the necessary license or permit. Benefits of Microfinance Company Registration For Microfinance Institutions in India, Reserve Bank of India has created a policy framework in order to provide necessary legitimacy to the sector. Here are the following benefits of Microfinance Institutions: It helps in encouraging self-sufficiency and entrepreneurship Smooth access to funding Better overall loan repayment rate in comparison to traditional banks. Industry Analysis. Investment Advisors Registration with SEBI, Advisors Responsibilities. An investment advisor, as per the Investment Advisors Act of 1940, means any person or group who in return for fees, makes investment recommendations or conducts securities analysis, whether through direct management of client assets or via written publications.
They are experiencing a level of discretionary authority, which allows them to act on the behalf of their clients without obtaining any formal permission prior to the execution of an action. They basically provide advice relating to investing in, purchasing, selling or otherwise dealing in securities or investment products, and advice on investment portfolio containing securities (See Section 2(h) of Securities Contracts Regulation Act 1956 to understand what all instruments are covered under the word Securities) or investment products. This advice can be given in written, oral or through any other means of communication. Obligations and Responsibilities of SEBI Registered Investment Advisors 1. 3. 5. Nidhi Company Loan Software. A Nidhi company falls under the category of non-banking finance sector firms.
Core Investment Company. A Core Investment Company (CIC) is categorized as a Non Banking Financial Company (NBFC) by the Reserve Bank of India (RBI).
These companies predominately invest in shares of its own group companies for stakeholding but cannot engage in trading of these instruments or carry out any other kind of financial activity. Register an NGO in India. NGO or Non Governmental Organizations are a non-profit organization that is incorporated to support the underprivileged section of the society.
It works for the advancement of different issues like social, cultural, legal, environmental, art, science, etc. As the name Non-Government Organization suggests, they are operated by citizens on voluntary initiatives without any interference from central or state governments. Hire CFO Support Services – Enterslice. Legal Due Diligence Advisory, Process, Financial Checklist. Due diligence is one of the best ways that enables businesses to take well-informed decisions of pertaining to a situation.
Due diligence is generally performed by a company before any business sale, private equity investment, bank loan funding, etc., The conditions of the particular situation are investigated utilizing a standard to create a clear picture of the situation thereby enabling better and effective decision making. Outsource Accounts Receivable Services and Management. In today's world, where there is neck to neck competition between the companies is going, it is vital for the companies to leverage their resources and bring out the maximum return on investments.
Most of the businesses these days are unable to devote their time and resources properly so that they can manage the time and cost carrying debt over the time. For an organization to effectively meet They need a partner to who they can trust and rely upon to help and to improve cash flow by enhancing the company‘s internal accounts receivable department Like Book Keeping. Its goals in terms of cash flow it calls for productive Accounts Receivables process that ensures that companies can get back their payments in a very short span of time, can improve their collection rates and also ensures faster processing of invoices which will contribute towards the cash flow.
End-to-End Accounts Receivables Services from Enterslice What is Invoicing and Billing? What do we do in Invoicing and Billing?