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The scope of an ESG (Environmental, Social, and Governance) audit is influenced by various factors including regulatory requirements, industry standards, stakeholder expectations, and the organization’s own sustainability goals. Here’s a deeper dive into the background of each aspect of the…
This is when a government or other authority requires that a fee be paid by citizens and corporations. This financial obligation, known as taxes, serves several purposes. Types of Taxes Income Tax Levied on individuals and businesses based on their…
Globalization on Accounting Practices: Refers to the interconnectedness and integration of economies, societies, cultures, and technologies on a global scale. It involves the exchange of goods, services, ideas, information, and technologies across national borders, leading to increased interdependence among countries…
NSSF Directs Employers to Proceed with New Deductions After Supreme Court Ruling Introduction The National Social Security Fund (NSSF) has issued a directive to employers to implement new deductions following a landmark ruling by the Supreme Court. This decision holds…
Introduction Embarking on the journey of understanding the Social Health Insurance Fund (SHIF) opens doors to a realm where healthcare meets financial planning. In this comprehensive guide, we unravel the intricacies of SHIF, exploring its requirements, contributions, and sharing lifehacks…