The expectation gap in audit happens when there has been a basic gap between how the wider populace anticipates from accounting and what a financial report really includes, it is called a financial audit. In certain cases, instead of a shortage of auditing skill, the gap is driven because of what the world expects accountants…

The laws of debit and credit, if there is anything that governs the world of accounting, it is this. The world of accounting would be a disorganised chaos without these laws. It is critical that the accounts are correctly managed according to these principles in order to guarantee that the results reported by such books…

If you are in a business, small or big, you must know about all the departments you manage. As an owner, you are responsible for the growth of your business so it is essential for you to understand each aspect of it and learn how you can take the maximum from your team.   Importance…