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Managerial Accounting

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                        Accountants play a critical role in helping key decision-makers comprehend the subtleties of ongoing company activities, which helps them improve their organizations’ financial and operational performance. Accountants offer detailed reports and suggestions that steer investments, capital management strategies, and organizational goals by combining quantitative and qualitative financial data. If you are looking for the best  CA firms in Bangalore , you have come to the right place  Certicom  is the leading CA firm in Bangalore. According to the Corporate Finance Institute, managerial accounting is the process of “identifying, measuring, analyzing and interpreting accounting information” that helps corporate leaders make smart financial decisions and efficiently manage their daily operations. Unlike other disciplines of accounting, this one is primarily concerned with internal data collection and reporting, which means that experts rarely engage with or advise ext
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ITR or Income Tax Return Filing Deadline for FY21 (AY 2021-22) Extended.

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  The Central Board of Direct Taxes (CBDT) extended the deadline for filing income-tax returns (ITR) for FY 2020-21 to September 30 in a big relief to taxpayers. Everything you need to know The deadline for filing income tax returns (ITR) for FY 2020-21 (AY 2021-22) has been extended to September 30, according to the Central Board of Direct Taxes (CBDT). "The Central Board of Direct Taxes, in the exercise of its competence under section 119 of the Income-tax Act, 1961, offers relief..." according to the official statement.The decision was made in the aftermath of the country's second coronavirus pandemic. Earlier this year, the Internal Revenue Service (IRS) extended numerous tax deadlines. The extension of due dates for different compliances for employers, as well as the extension of tax filing due dates for taxpayers, is crucial under the current conditions, according to Archit Gupta, founder and CEO of ClearTax. Check out the new tax deadlines for FY 2020-21 (AY 2021-2
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India's once-in-a-century budget runs into trouble as virus strikes back

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   Many praised India’s annual budget in February, raising hopes that it would spark a rapid economic recovery. However, there are now concerns that its promise may be unfulfilled since it failed to account for a crippling second wave of COVID-19 infections. Find more financial related updates happening around the country through Certicom . India would not see a budget like this in “100 years,” according to Finance Minister Nirmala Sitharaman. At the time, the economy was on course to recover from its deepest recorded depression, thanks to a huge COVID-19 immunization campaign and a revival in consumer demand and investments. After the United States, the South Asian country is fighting the world’s second-highest coronavirus burden, with 300,000 infections and 4,000 deaths every day. With numerous sections of the country under varying degrees of lockdown, most of the budget’s growth estimates are now in jeopardy. The severity of the problem has investors questioning if India, which was
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