Khushbu Sanghvi

Challenges Faced by the Accounting practice: This Accounting practice approached Aurnex Ltd. seeking assistance with their bookkeeping and financial reporting processes. They were encountering several challenges that hindered their financial clarity and decision-making capabilities. These challenges included: Inaccurate Bookkeeping: The bookkeeping records lacked proper organization and accuracy. Outdated WPS (Working Paper System): The prior year’s...

Introduction This case study explores the challenges faced by a client operating restaurants and mobile food service activities in Ireland and outlines the strategies implemented by Aurnex Ltd to enhance their financial operations. The primary issues identified included inadequate invoice documentation, lack of understanding of bank feeds, duplicate invoice creation, missing VAT rates, and currency...

Introduction: One of our esteemed client in Haverstock Hill London specializes in software and IT solutions for insurance businesses. They operate on a subscription service model, where clients prepay for access to their software over a defined period. However, this prepayment structure presented a challenge for the client’s accounting team. Key Challenges at Haverstock Hill,...