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Showing posts from April, 2023

What is FAO and What Are Its Benefits?

 Should I count on finance and accounting outsourcing (FAO) or hire an in-house team to manage all financial and accounting jobs? If the same question is haunting your mind and puzzling you, this blog could be the best answer for you. Along with work flexibility, your accounts and finance-related tasks will be done by professionals like CA Chandan Agarwal & Co at a cost-effective price. So, to know how F & A outsourcing (FAO) will benefit you and your organization, read the blog in full.   What Is FAO & What Does It Include? FAO denotes financial and accounting outsourcing.  In general, when you outsource all or some of your accounting and finance tasks, a third-party service will manage these all from their workplace. You can call it a B2B arrangement. Moreover, you can outsource more with accounting and finance functions. These are,  • Bookkeeping  • Transaction management  • Financial planning and analysis • Financial reporting  • Accounting and financial comp