In recent years, there have been considerable changes in the business landscape. The increasing globalization, free movement of people, easy communication, technological advancements, and the shrinking of the world have helped change the business environment. These factors have led to the rapid growth of established businesses and the sprouting of new ones. However, this growth […]
All about VAT Reconsideration Application
The understanding of Value Added Tax plays a major role in deciding the profit or loss incurred by a business. The management of the company should make sure that it is in compliance with all the rules and regulations of the business. In case the business is not compliant with the rules and regulations then […]
Accounting Lessons for Start-ups bred for selling
Startups are the new normal in a changing world. Startups are successful in solving problems in non-traditional ways and quite successful in creating value for the investors. A startup ecosystem involves raising funds from enthusiastic potential investors in many rounds of fundraising. Entrepreneurs and startup founders build their companies so that potential big investors or […]
Challenges faced by a Company on the Audit front
Companies worldwide operate under a set of pre-defined rules and regulations adopted by the management or company board. Therefore, it is highly essential for companies, especially public-listed companies, to conduct business fairly and transparently. Businesses are governed by company laws in every country and required to submit periodic audits to concerned authorities and the company’s […]
Conducting an audit for the first time? Pay attention to these
Start-Ups are the future drivers of the country’s economy. The unconventional approach towards solving problems and creating value through innovation, analysis and intelligence are traits of the start-up ecosystem. Start-ups working capital requirements are fulfilled by many rounds of funding by suitable venture capital companies and private equity funds. In the journey of the start-ups, […]
All about Post Pandemic Audit Process
We all agree that an Audit is very necessary and valuable to a business, but the year 2020 brought many changes as to how a business was conducted. This also changed how the management of a business conducts its Auditing and Accounting functions. Due to the pandemic, it has become extremely difficult to go to […]
Business Planning for SMEs during Covid-19
The whole fiasco of the Covid-19 pandemic is out of the control of Governments, International organisations and companies worldwide. The pandemic has caused severe health and economic crisis, pushing millions of people back into poverty. The after-effects of the pandemic are unclear, and the future is bleak for many people worldwide. It takes significant time […]
All about Setting up a Subsidiary Office in the UAE
Opening a subsidiary company in the United Arab Emirates can be a wonderful idea for the business. This will not only help the business to expand but will also help in getting labour with technical expertise. UAE is considered as the gateway to the Middle East and a subsidiary company in the jurisdiction will allow […]
Challenges Faced by Payroll Team
Payroll is a core integral part of any organization. Ensuring timely reimbursements and salary credits can build trust among the company workforce and benefit the company in the long term. As a result, companies will either employ a separate team to process the payroll or integrate the function into internal finance or HR teams. As […]
Challenges faced by an Accounting professional
Accounting is an integral part of running a business. Without the accounting function, businesses will not be able to track and trace the company’s financial stature, will not have access to sufficient data to make analysis and sound decisions and will not be able to confirm irregularities and course correct the actions. Therefore, accounting is […]