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Accounting Treatment of Fixed Assets
Blog

Accounting Treatment of Fixed Assets

Fixed assets are properties and equipment acquired by a company for use in its production operations and for long-term purposes. Accordingly, here’s a detailed look at the standards for fixed

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Information Systems Auditing (IT Audit)
Blog

Steps of IT Audit

IT Audit is a meticulous process that requires a deep understanding of technical systems and internal controls. In this guide, we break down the main steps and sub-procedures of the

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Year-End Closing Entries
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Year-End Closing Entries

Year-End Closing Entries involve a set of procedures and accounting entries aimed at preparing the year-end financial statements accurately. Additionally, this process ensures that all financial transactions have been recorded

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Write-off of Debt and Doubtful Debts
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Write-off of Debt and Doubtful Debts

The management of doubtful debts, including the write-off of debt, is an essential part of managing the risks of financial statement manipulation in companies. This policy contributes to improving cash flow

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