Block chain Technology is Modernizing Audits
What’s Changing:Blockchain’s ability to provide transparent, tamper-proof transaction records is streamlining audit processes. It’s also revolutionising how we track digital assets like cryptocurrencies. What Asmat & Co. Is Doing:Our audit professionals are trained in block chain auditing practices. We support clients involved in crypto transactions and help businesses explore block chain solutions for accounting transparency […]
Virtual CFO Services Are in High Demand
What’s Changing:Small and mid-sized businesses want the insights of a CFO without hiring full-time. This has led to a surge in outsourced financial leadership services. What Asmat & Co. Is Doing:We offer Virtual CFO packages tailored to your business size and growth goals. From cash flow forecasting to investor reporting and financial strategy, we act […]
Cybersecurity and Data Privacy Are Frontline Concerns
What’s Changing:With increasing digitisation comes the risk of cyberattacks. Accounting firms now manage large volumes of sensitive client data, making cybersecurity a top concern. What Asmat & Co. Is Doing:We’ve implemented multi-layered security protocols, including encrypted communications, secure cloud storage, and multi-factor authentication. We also help clients understand their responsibilities under GDPR, CCPA, and local […]
Global Tax Reforms Are Rewriting the Rules
What’s Changing:International tax systems are being reshaped by the OECD’s (Organisation for Economic Co-operation and Development) Pillar One and Pillar Two frameworks, digital services taxes, and minimum global tax rates. Cross-border compliance is more complex than ever. What Asmat & Co. Is Doing:Our tax advisory team offers up-to-date guidance on global tax developments. We help multinational clients […]
The Rise of AI & Automation in Accounting
What’s Changing:Automation and AI-powered tools are transforming routine tasks like data entry, invoice processing, and financial reconciliations. Machine learning is now used to detect anomalies, predict cash flows, and streamline compliance. What Asmat & Co. Is Doing:We integrate advanced cloud accounting platforms (e.g., Xero, QuickBooks Online, Zoho Books) that use automation to reduce manual work. […]
