Accounting Archives - firstcfos.com

August 11, 2025
Accounting

Smart Financial Leadership: The Value of Virtual CFO Services

Table of Contents In modern business organizations, there is a need to deal with keen financial management, yet the organization may not afford a full-time executive. Here, the virtual CFO services come as a game-changer solution. Such services offer expert-based financial advice, strategic, and decision-making skills in a flexible way. This model is particularly useful […]

July 23, 2025
Accounting

Stop Blaming GST: Your Real Problem Is Deeper

Table of Contents GST has turned out to be the most convenient target of monetary shortcomings. Margin are narrowing? There is excessive GST. Money flow out of shape? You can blame GST returns and delays in refund. Mastering the compliance seems like a burden? Something is wrong with the system. The reality, however, is more […]

July 23, 2025
Accounting

Burn Rate Lies: Why Most Founders Miscalculate Survival Time

Table of Contents In India, startups are typically in survival mode, calculating their survival to their next capital raise in-months, in the so-called runway calculation that provides a rough idea of survival time before the lights must turn off. However, this figure is widely a false illusion. Founders go into meetings with investors believing they […]

June 17, 2025
Accounting

Financial Clarity Redefined: The Rise of Outsourced CFO Services

Table of Contents Organizations are on the hunt for smarter financial plans which will not entail an increment in overheads witnessed in the current dynamics of a growing global economy. The services of the Outsourced Chief Financial Officer (CFO) have turned out to be an efficient form of financial management, providing high-level financial advisory services […]

June 17, 2025
Accounting

Unlocking Financial Success: Comprehensive CFO Services for Indian Startups

Table of Contents The business environment of startups in India is dynamic as it is characterized by intense competition, complexity of regulations and financial changes. In order to toggle through this terrain, good financial strategy and implementation is necessary. Chief Financial Officer (CFO) services provide startups with professional advice related to the management of available […]

April 24, 2025
Accounting

IMS is Not Mandatory – Or Is It?

Table of Contents Reassessing the Legal Fiction and Operational Compulsion of the Invoice Management System under GST. While IMS remains voluntary de jure, its de facto implementation leaves taxpayers, especially MSMEs, with no real choice. The Invoice Management System (IMS) was initially unveiled as a voluntary tool aimed at simplifying GST compliance by offering real-time […]

April 19, 2025
Accounting

Tax Compliance or Tax Terrorism? The Unjust Burden of Circular 212/6/2024

Table of Contents Introduction Good intention and poor implementation has been the story of GST, take for example Circular No. 212/6/2024-GST, dated June 26, 2024, which has sparked widespread concern among businesses due to its stringent compliance requirements, particularly regarding credit notes and Input Tax Credit (ITC) reversals. The circular mandates suppliers to obtain Chartered […]

April 18, 2025
Accounting

Understanding the Corporate Guarantee: A Timeline of Key Developments

Table of Contents A corporate guarantee is a financial commitment made by a parent company or a financially strong entity within a corporate group to ensure that the obligations of a subsidiary or a related party are met. This guarantee provides assurance to lenders, typically banks or financial institutions, that the guarantor will fulfil the […]

April 18, 2025
Accounting

The Future of Tax Litigation: AI’s Role in Research and Risk

Table of Contents The arrival of Artificial Intelligence (AI) has been nothing short of revolutionary, transforming industries, both streamlining and disrupting the workflows, and challenging traditional methods of problem-solving. For tax professionals and litigators, AI presents both an opportunity and a dilemma. On one hand it promises unprecedented efficiency allowing professionals to navigate complex legal […]

March 7, 2025
Accounting

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