Nanonets

SEPTEMBER 21, 2023

Regular audits and reconciliations can also help identify any discrepancies and fraudulent transactions. Fraudulent Activities Establish strong internal controls, conduct regular audits, and educate employees on fraud prevention. Another key concern in auditing is the implementation of robust internal controls.

Accounts 52

Accounts Audit Payroll Compliance 52

FloQast

NOVEMBER 21, 2023

The Institute for Chartered Accountants in England and Wales (ICAEW) has updated its requirements for Continuing Professional Development (CPD). Development needs: After determining their CPD requirements, employees should reflect on their professional development needs, and what kind of learning outcomes they desire.

Professional Development 52

Professional Development Assessments Rules Accounts 52

Nanonets

MARCH 4, 2024

Tedious Verification The need for detailed review and approval for each expense can slow down the process unnecessarily. Software Subscriptions:  Up to $500 annually per employee for professional development-related subscriptions. Record-Keeping : Finance stores the expense reports and receipts for auditing purposes.

Process 52

Process Compliance Audit Automation 52

Nanonets

FEBRUARY 13, 2024

Software Subscriptions:  Up to $500 annually per employee for professional development-related subscriptions. Finance Verification : Once approved by the manager, the expense report is forwarded to the finance department. Record-Keeping : Finance stores the expense reports and receipts for auditing purposes.

Compliance 52

Compliance Non-Bank Automation Duplicate 52

Nanonets

SEPTEMBER 22, 2023

Investing in training programs and professional development opportunities equips employees with the necessary skills and knowledge to navigate the complexities of  e-tendering implementation. Additionally, e-tendering platforms often include built-in validation checks and data verification tools, further enhancing accuracy.

Automation 52

Automation Process Continuity Technology 52