Showing posts with label Tax Reporting. Show all posts
Showing posts with label Tax Reporting. Show all posts

Tuesday, 9 September 2014

A Small Introduction about Accounting Standard Codification 805


For a long time large business corporations had to hire a huge number of individuals and keep them in their payrolls in order to accomplish a huge variety of tasks, however over the past few decades that situation has eased up a bit due to the presence of outsourcing companies which provide these businesses with most of the services that they need. There is not denying the fact that the largest companies still hire a sizable staff but outsourcing has allowed them to take care of certain responsibilities without any problems and in that regard it needs to be recognized that outsourcing has been a huge blessing for those companies.

For instance, financial reporting is usually a huge headache for most companies and more often than not the size of the company is often a deciding factor on the variety of reports that are to be paid at the end of the financial year. However, with the assistance of highly efficient service providers it is possible for these companies to delegate the task for a fee and the best part of the whole process is that the costs are reduced substantially. Moreover, most of the service providers are well known for providing service and hence there is absolutely no chance of any major errors.

Veristrat Inc. provides a wide range of services in valuation and financial reporting.

Head Office
Veristrat Inc.
182 Howard St., Suite 333 San Francisco, CA 94105 USA
Tel:  +1.415.423.4300
Email: info@veristrat.com

India Office
Veristrat Inc.
Suite 518, DLF Tower A, Jasola Vihar, New Delhi - 110044 India
Tel: +91.11.4940.4940
Email: info@veristrat.com




Friday, 5 September 2014

Importance of Accurate Financial Reports


Over the years, it has been noticed that plenty of companies, whether big or small are hauled up by the authorities for the smallest mistakes that they might have committed in their yearly or quarterly financial reports and in some cases major errors can lead to heavy fines which is why it is important to have an excellent team in place who would be able to deliver accurate reports on time. In this sort of a situation, more and more companies are turning to accounting firms or all purpose corporate service providers who can prepare the reports of the different companies as and when they require without any errors whatsoever.

Nowadays, there are plenty of such service providers in different parts of the world who employ top notch accountants and financial experts that can take care of financial reporting that is needed by companies. In addition to the fact that most of these companies charge extremely modest fees for their services as a result their clients are able to save a lot of money. However, the most important thing to keep in mind about their services is the fact that they are known for their accuracy and diligence, which is why there is absolutely no chance of any erroneous reports.


Valuation analysis is simply a fundamental analysis to compare the valuation of one security to another one, or compare to a group of securities. Basically valuation analysis is for evaluating the potential merits of an investment or the value of a business or asset.


Veristrat Inc. is an investment holding company which has complete solution for their clients in valuation related queries.

Contact -Head Office
 Veristrat Inc.
182 Howard St., Suite 333 San Francisco, CA 94105 USA
Tel:  +1.415.423.4300
Email: info@veristrat.com

India Office
Veristrat Inc.
Suite 518, DLF Tower A, Jasola Vihar, New Delhi - 110044 India
Tel: +91.11.4940.4940
Email: info@veristrat.com

Thursday, 14 August 2014

An Introduction to Fair Value Measurement


Over the past 15 years or so, outsourcing has become one of the most sought after services for some of the largest corporations in the world. Initially, only some of the largest companies in the different industries started to use outsourcing as a viable business process in their organisations but over the years plenty of medium sized or even small corporations have also come to understand the advantages of outsourcing. In such a situation, it is not really a wonder that outsourcing has now become one of the most popular ways of conducting business all over the world and it is a practice that is only going to increase by leaps and bounds in the years to come as more and more companies discover the advantages of such outstanding tools like valuation outsourcing.

Nowadays, the number of different firms that have come into business and has started offering businesses with their expert outsourcing services has also increased appreciably as a result which most corporations have a lot of options as far as a choice of outsourcing vendors are concerned. So, as one can see, outsourcing is now a service that is easily available from plenty of service providers and it has without doubt made it possible for businesses to run far more efficient operations.

We can define Fair Value Measurement in other terms as the price that would be received to sell an asset. There are three basic steps to learn Fair Value hierarchy-
1 – Quoted Price
2 – Observable prices
3- Unobservable prices

Veristrat Inc. works in valuation and financial modeling services and provides effective tax and financial solutions.

Contact - Veristrat Inc.
182 Howard St., Suite 333 San Francisco, CA 94105 USA
Tel:  +1.415.423.4300
Email: info@veristrat.com

India Office
Veristrat Inc.
Suite 518, DLF Tower A, Jasola Vihar, New Delhi - 110044 India
Tel: +91.11.4940.4940
Email: info@veristrat.com





Friday, 6 December 2013

Importance of Tax Reporting Professionals






There are certain things that are so integral to a business that they need to hire the best possible professionals so that those particular aspects are taken care of perfectly and in this regard it needs to be pointed out that tax reporting is perhaps one of the most important financial responsibilities of any business. On the other hand, the company also needs to hire financial reporting professionals who will be able to provide adequate support to the people who are entrusted with the responsibility of filing the tax reports. In such a situation, it is in the best interests of the persons who are in charge of the business corporation to hire the best possible tax reporting and financial reporting professionals who are well versed in the dynamics of the whole process and hence would be able to do the job without any blemish.

In order to make sure that the company is able to hire competent professionals, the hiring department should always hire the very best in the industry since there has been instances in which companies have been fined heavily by the authorities for filing faulty tax reports. Filing of tax reports is a complex business and hence one should have the best professionals as a part of their team.

Head Office
Veristrat Inc.
182 Howard St., Suite 333 San Francisco, CA 94105 USA
Tel: +1.415.685.5795
Email: info@veristrat.com

India Office
Veristrat Inc.
Suite 518, DLF Tower A, Jasola Vihar, New Delhi - 110044 India
Tel: +91.11.4940.4940
Email: info@veristrat.com


Sunday, 1 December 2013

High Quality Financial Services



One of the most influential businesses that have emerged over the past few decades has been that of financial consulting and nowadays there are plenty of consulting firms which specialise in advising people from all over the world about their financial decisions. In this regard, the larger corporations have benefitted a lot since they can now hire such a firm in order to do their tax reporting. In the process they can go on with their business without having to worry about the intricacies of their tax returns. However, in addition to the larger corporations the smaller ones have also realised the importance of hiring these companies for financial reporting and this is an extremely important service since these reports help the board of directors of the company with crunch decisions that they might have to take regarding the finances of the company.

Head Office

Veristrat Inc., 182 Howard St., Suite 333 San Francisco, CA 94105 USA
Tel: +1.415.685.5795
Email: info@veristrat.com

India Office

Veristrat Inc., Suite 518, DLF Tower A, Jasola Vihar, New Delhi - 110044 India
Tel: +91.11.4940.4940
Email: info@veristrat.com

Tuesday, 12 November 2013

The Benefits of Outsourcing






Perhaps the most innovative business model that has been created in the past few decades has been that of outsourcing, by way of which it is now possible for some of the world’s largest corporations to hire talented individuals from all across the world. However, it needs to be mentioned that the invention of the internet has also been an important factor that led to the widespread use of business valuation outsourcing but it cannot be denied that the effectiveness of the model has been the most important factor behind its success. Nowadays, most of the bigger corporations in the world are part of the vast valuation outsourcing community which has been extremely beneficial to the corporations as well as the talented individuals who now get the chance to work with some of the biggest names in business.


In this regard, it also needs to be mentioned that the several governments in the world have also warmed up to the idea of Financial Reporting or Tax Reporting and have allowed the free trade to continue without any problem either. It is a well and truly wonderful way of doing business and it is expected that it would continue to create value for many years to come.

Please contact us -

India Office
Veristrat Inc.
Suite 518, DLF Tower A, Jasola Vihar
New Delhi - 110044
India
Tel: +91.11.4940.4940
Email: info@veristrat.com