What is the relationship between a commercial lawyer and accounting within companies? 🧐
Usually, companies need to conduct financial and legal audit processes. These audit processes do not necessarily apply to the transactions carried out by the company, but rather to the accounting and financial mechanisms. Such reviews are carried out on accounting and financial mechanisms to ensure the avoidance of any financial embezzlement in the future and to reduce the risks of depositing clients with an amount that does not correspond to the size of the client dealing with the company. 🤚
The commercial lawyer facilitates the above-mentioned audit processes on the accounting, credit, and contracting systems and mechanisms followed by your company in its business transactions. This is done by raising the accounting and legal awareness of the company's managers, directors, and employees, enhancing their capabilities, and responding to their inquiries or concerns to ensure optimal implementation of the company's work methodology.
Therefore, if you want to conduct a proper audit, it is advisable to consult a commercial lawyer. 👌