The aim of the research is to analyse the risks associated with the day-to-day accounting in the organisations. For the same, the methodology considered is the secondary data collection method with qualitative research concerning a systematic literature review (inclusion, and exclusion criteria along with the PRISMA framework). The findings indicated that there are various risks concerned with the day-to-day accounting such as missing targets, ineffective customer communication, structural restriction, non-adherence to rules and policies, taxation issues, and so forth. However, the companies are undertaking various measures like providing flexible structure to employees, data protection measures, better scheduling, encryption aspects, and so forth leading to effective results. Therefore, the research question of the study is effectively assessed through the research’s findings, and authors' viewpoints.

KEYWORDS: Risks, Day-to-Day Accounting, Taxation Issues, Non-Compliance, Strategies.

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