Forensic accounting is the practice of utilizing accounting auditing and investigative skills to assist in legal matters. Its objective is to obtain an accurate result to establish the accountability for administrative proceedings. There are two ways of looking at this field as it has its own share of pros and […]
Accounting
Business Accounting Software
Accounting is a system of collecting, summarizing, analyzing and reporting, in monetary terms, information about an organization. The end product of business accounting software is the financial statements consisting of the balance sheet, profit and loss account, and statement of changes in financial position. These statements are, therefore, the source […]
Financial Offshore Accounting
Financial company with operations in India and Dubai, since inception OTLs aim is to reduce bookkeeping related cost and improve operational efficiency through our extensive finance and accounting services. (OTL – Offshore Travelogistis) is conceived with a clear vision to help travel companies maximize their business performance through cost-effective F&A […]
Why Should I Hire an Accountant For My Business?
A lot of businesses go through bankruptcy and liquidation due to their improper accounting practices. An accountant plays an important role in an organization since money management is one of their key roles in addition to keeping proper accounting records for each and every activity. The reasons why a business […]
4 Reasons Why Outsourcing Accounting and Bookkeeping Operations Make Business Operations Smooth
Better control over F&A (finance and accounting) processes, reduced management costs and more importantly access to the best technology and accountant talent pool are some of the benefits that come to mind, but there are smaller ones too and they are as important as the big ones. We will take […]
Win Cost Plus Awards With the Right Cost Accounting System
Winning cost plus awards can be a time to celebrate… or to groan. With the right cost accounting system and appropriate processes in place it is a time to revel in your new-found business growth. It is important to have the right system in place, but also what it takes […]
Basic Difference Between ERP And Accounting Software
The difference between ERP and accounting software lies in their functionality, range, design, outputs and of course size. Accounting software recently has been used as synonym to ERP which is perhaps most misleading to general people, accounting software has been and will remain one of the most important part of […]
7 Top Tips From the Business Woman of the Bible, Lydia, for Today’s Woman of God
Lydia was one of the most successful business women in the Bible. You will find her story in the Bible in Acts 16:14-15. According to Biblical records, Lydia was a business woman who dyed and sold purple cloth, a material used by the wealthy and elite of the day. This […]
Accounting Services Book Keeping Service Outsourced Book Keeping
Contrarian Consulting is an outsourced partner for Accounting, Payroll and Compliance related assignments in India. By looking at complexity of accounting, tax and regulatory environment and availability of appropriate resource to manage significant challenges, we started the Contrarian Consulting to give a compliant and cost effective services to our clients. […]
Importance of Accounting Services for Small Businesses
Accounting is an important business function that allows businesses to review the efficiency of their operations. Accurate financial information helps business owners make proper business decisions and improve the profitability of the company. Though accounting provides a clear picture of their business success, many small business owners overlook the importance […]