Conducting an audit can be a very complex and time-intensive task and this is the reason not many entrepreneur and businessmen want to initiate the process of an audit in their company. Nevertheless, every business should conduct an audit at regular intervals. This would reveal the loopholes and malpractices, if any, being followed in the […]
Different Forms of Capital Structure
You may hear professional investors, corporate officers, and investment analysts talk about a company’s capital structure. The concept is extremely significant because it can affect the return a company earns for its shareholders and whether or not a firm gets through in a recession or depression. Firstly, let us take a moment to know what capital structure is and […]
Tax Update – Introduction Of Corporate Tax In UAE
The United Arab Emirates (UAE) has reasserted that the country is evolving as a leading global hub for business and investment. In pursuit of this, the country is embarking on a mission to make transformative changes that will cement its place as the world’s most sought after investment market. The UAE is focused on creating […]
Best AML Practices for Companies in the UAE
Companies and financial institutions operating in the UAE should be aware of anti-money laundering. Money laundering and terror financing can result in companies facing strict legal action under the relevant UAE law. Illegal money movements usually happen through phishing, online account takeovers, malicious malware, or other mediums which benefit the unlawful economy and shatter the […]
Why SME’s should conduct Audits in UAE?
We all know and understand the importance of Auditing for your company. However, the management should look at the size of the business. An audit will provide more profound and accurate details for any of the company not taking into consideration the size of the business. Auditing services will be as suitable for an MNC […]
When are Accounting Supervision Services required?
Often in businesses, the services of an accountant may have reached their limit, and the accountant is faced with a new or unique business circumstance. In such situations, the management needs to bring in extra help in the accounting department, where the accounting supervision services come into play. Let us first know some more about […]
UAE Auditor’s Role in Prevention of Money Laundering
In recent years, UAE has become home to many internal businesses who have made UAE their main bases to cater services to many other countries. The business-friendly ecosystems and a robust legal system based on international standards have ensured companies can carry out their business activities with minimal issues and keep worries at bay. However, […]
Top Reasons to avail Auditing services in the UAE
Setting up and conducting a business has become easier for everyone, primarily due to the increasing reach of the internet and the governments of the various countries understanding the need for business and their impact on the economy. As a result, there has been a significant increase in the number of companies that have been […]
How Can Individuals and Companies Obtain the UAE Tax Residency Certificate?
UAE is known as the Gateway to the Middle East region and the Arab world for businesses worldwide. Due to the favorable geographic location and the stable governance offered by the UAE, many companies look forward to establishing and growing industries in the Country. Many UAE city-states such as Dubai and Abu Dhabi are metropolitan […]
Steps for a Smooth Company Audit
Every entrepreneur understands the importance of conducting an audit of a company. The report prepared after the audit is being finished is used by the management to understand the current situation of the business and also to make the necessary changes to the management of the company. This makes the audit report one of the […]