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How financial statement audits deliver key business insights

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Financial statement audits are not just a compliance exercise, but also an opportunity to gain knowledge that can generate positive business results. In many cases, though, companies are not taking full advantage of the insights that audits provide, a recent survey of 300 executives and 100 audit committee members by Deloitte’s U.S. audit practice revealed. According to the survey report, which was published in March: More than three-fourths (79%) of executives and 91% of… Read More »How financial statement audits deliver key business insights

IMPORTANCE OF FINANCIAL MANAGEMENT

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Finance is the lifeblood of business organization. It needs to meet the requirement of the business concern. Each and every business concern must maintain adequate amount of finance for their smooth running of the business concern and also maintain the business carefully to achieve the goal of the business concern. The business goal can be achieved only with the help of effective management of finance. We can’t neglect the importance… Read More »IMPORTANCE OF FINANCIAL MANAGEMENT