CORE VALUES AT MERU ACCOUNTING

Bookkeeping in power and infrastructure comes with its own set of challenges. One of the major challenges is managing the huge amounts of data that needs to be recorded and analyzed on a regular basis. With large projects, there can be thousands of transactions occurring every day, which can make it difficult to keep track of everything.  

Another challenge is ensuring accuracy in recording financial transactions. This requires having a team with extensive accounting knowledge who understand how different transactions impact the accounts as well as being able to identify potential errors early on. The complex nature of power and infrastructure projects adds another layer of difficulty when it comes to bookkeeping. Projects are often long-term and involve multiple stakeholders, each with their own set of requirements for reporting and analysis. Moreover, project managers may not have experience dealing with bookkeeping specifics or may lack adequate resources for proper record-keeping tasks leading to inaccurate reporting that could cause compliance issues later down the line. Keeping up-to-date with changing regulations governing finance within power & infrastructure sectors presents one more obstacle as regulatory changes will affect how books are kept accurately from time-to-time