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Cross-border transactions between related entities are closely examined under transfer pricing regulations. Businesses must demonstrate that their pricing follows the arm’s length principle – the price or conditions that independent enterprises would have agreed upon under comparable circumstances.

Where applicable, a taxpayer must maintain prescribed documentation and...

Things can go wrong in a business in an instant. The operations of successful companies can be disrupted by power outages, cyber-attacks, equipment failures, supply chain issues, natural disasters or sudden employee shortages. Not everything may be preventable; however, organisations can plan for what they will do when a disruption occurs. BCP provides a systematic way to ens...

In today’s world, where companies operate in many different countries, the challenge faced by an organization in managing financial, HR, procurement, IT and other such functions become ever harder. Various processes, systems and regional workforces tend to lead to duplication of efforts, standardization problems and increased operational costs.

Obtaining external financing may turn out to be a crucial step in the life of a business. Starting from the very first round of institutional investment to a subsequent fundraising event, investors will surely want to understand how financially sound the business is, what its legal structure is like, whether it complies with all relevant laws, and what growth potential it has...

For retailers, every item on the shelf represents invested capital. Minor issues, such as items missing, damaged, wrongly entered or not accounted for, can have a large impact on profits. Good inventory management can assist retailers in keeping an accurate record of the goods, identify losses, and keep inventory available to the customer when needed.