Category: Infographics

Tax Season 2021: Checklist For Tax Professionals

Tax Season 2021 is around the corner, and it is when most people start wrapping up their documents to be compliant with the taxes. Also, this is when people reach out to the tax professionals for help with tax filing. With several clients turning up to the tax professionals, it becomes challenging for them to keep up with their needs and the deadlines. Thus, it is advisable to prepare a plan and gather all the required information beforehand for a smoother tax season. To help tax professionals be ready and prepared for the upcoming busy season, we have curated a ... Read more

How CPAs’ Daily Schedule Should Look Like for Maximum Productivity in Tax Season 2021

2020 has been a roller coaster ride for accounting firms, just like the rest of the world, and this ride doesn’t seem to stop soon. Many experts also believe that the tax season 2021 will bring in a fair share of complexities for accounting and tax professionals. Thus, it is essential to start preparing early than being caught off-guard by a sudden surge of client demands during the tax season. The first and foremost task a CPA should focus on currently is to create a well-balanced work routine to keep themselves, and their team organized. A proper schedule will also ... Read more

[Infographic] Ransomware – A Beginner’s Guide

What Is Ransomware?   Ransomware is a malware that enters the victim’s system. The primary aim behind this is to extort money from the victim. The attackers hold personal files, financial information, pictures, and documents until and unless the victim pays the ransom amount demanded by the attackers. It is one of the most creative criminal business to earn money in today’s time. Let’s understand this with the help of an infographic – How Ransomware Works?     The majority of ransomware enters into the system through a malicious link or attachment. As soon as the victim clicks on such attachments or ... Read more

7 Challenges Business Face And How DaaS Solves Them [Infographic]

Desktop as a Service (DaaS) is a cloud-based computing service in which an external third-party organization hosts the back-end infrastructure of a Virtual Desktop Infrastructure (VDI). (Source) Traditionally businesses were using the local workstations, but they were less flexible and secure. Moving ahead, businesses started using Virtual Desktop Infrastructure (VDI), which was flexible and secure when compared to traditional desktops but was very expensive and difficult to manage. Now the businesses are moving towards DaaS Service. This infographic explains the challenges businesses face and how DaaS solves them. Here is a detailed explanation of the points: Global Reach In the ... Read more

7 Tips for Accountants – How To Focus Wandering Mind

We are often caught up in a situation where we find our minds not able to focus on the tasks that need our attention. Instead, our mind wanders to things that are unworthy of our precious time. However, following some simple tips and techniques can help steer us in the right direction. Here is how you can take control of your wandering mind and make the most out of your time as an accountant. Let’s explore in detail. 1) Hide Your Phone A study says that the mere presence of a phone reduces one’s focusing capacities. Although smartphones have put ... Read more

How To Improve Your Accounting Skills [Infographic]

The accounting department is a very diverse one and plays an essential role in every industry. For anyone working as an accountant, they require a wide set of skills to manage their day to day tasks in an optimal manner. As an accountant, you are responsible for managing finances and interpreting that data, and further formulating policies. Moreover, the accounting industry is ever-changing, and it is essential for you to keep on par with its changing requirements. Here are a few tips to improve your skills that will help you ace your accounting work. Let’s explore in detail. 1. Learn ... Read more

8 Poor Accounting Practices That Can Impact Your Businesses [Infographic]

Even for a business that is growing exponentially, it is important to follow solid accounting practices. As, poor accounting practices can become the reason for the fall of a thriving business. Your firm is working to achieve certain goals to make profits. But, if you are not managing the cost opportunities properly, it will become challenging to reach your goals. Most of the poor accounting practices are easy to identify and can be fixed with little effort. Here are 8 such accounting practices that your business must stop doing immediately to save your business from sinking. Let’s explore in detail. ... Read more

4 Collaborative Tools in Microsoft 365 To Improve Productivity

Microsoft launched its first cloud-based productivity suite in 2011 – Microsoft 365. It runs on subscription-based payments and offers a wide range of applications and features to its users to make their work faster and more efficient. When it comes to teamwork, Microsoft 365 is an extremely communication-centric platform that enables users to work efficiently in teams. With its wide range of tools and applications for team collaboration and communication, it helps you work better in teams by boosting productivity. Here are the major collaborative tools in Microsoft 365 that you and your entire team must use to improve your ... Read more

Security-as-a-Service (SECaaS): All That You Need To Know [Infographic]

What is Security-as-a-Service (SECaaS)? Security-as-a-Service is a cloud service delivery model in which an outsourced company looks after the IT security of your company. With this service, your local IT team is freed from the responsibility of installing antivirus, keeping software up-to-date, and maintaining the security infrastructure. Instead, a third-party cloud service provider takes responsibility for the complete security of your data, applications, and operations. This new way of securing business will not only save the efforts of the IT team but also will help you to save money. This infographic lists all the information that you should know about ... Read more