What Is Beneficial Ownership?

With crime activities such as money laundering increasing, it is crucially important for proper measures to be taken to mitigate the risks that give rise to such criminal activities. The national risk assessment identified legal persons as vehicles prone to abuse for money laundering and terror financing activities.  As a result, the…
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Smart Ways AI Is Impacting Accounting Firms

As accountants, we have always had a lot of roles to play in interacting with our clients. Oftentimes we are required to process a lot of information, analyse and interpret it, and then advise our clients. This requires us to exercise different “muscles” including number crunching, precision, and communication. Historically,…
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