Tax and Audit

Tax and Audit

In general terms taxation helps governments to generate resources/funds for different development, infrastructure and social projects. Businesses and individuals have to pay a proportion of their earning as tax. The proportion of tax collected is related to the individual incomes and business revenues. However, taxation process should be reliable and transparent. Herein come the importance of audit that helps individuals and firms to confirm with taxation norms, and maintain financial accountability.

For quality and transparent accounting the standards are prescribed as Generally Accepted Accounting Principles (GAAP) and Internal Revenue Service & Securities and Exchange Commission (SEC). For auditing these are seen as Generally Accepted Auditing Standards (GAAS), the Public Company Accounting Oversight Board (PCAOB) and the SEC.

Applogic Consulting support businesses to adhere with the standard guidelines of accounting and auditing. In addition to technology support, our tax and audit services include robust and responsive hiring process for recruiting internal and external accountants and auditors. Our team of experts will help you to address all potential issues of accounting and auditing at individual and organization level. We endeavor is to offer new accounting and auditing insights and perspectives, that will help in better management of businesses and addressing risks.

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