In 2021, the Covid-19 pandemic has affected every aspect of human lives. The pandemic has caused severe shortages of various resources and has costed many lives worldwide. It has ill-affected the lives and lively hoods of many families and pushed them closer towards poverty. Economic growth has receded in many countries resulting in the loss […]
Guide for Value Added Tax on Designated Zones in the UAE
The government of the United Arab Emirates aims to provide a conducive environment for all the businesses which are coming in from all over the world. Many people know about the different free zones in the country which assist in the growth and development of the businesses but not many know about designated zones in […]
What are the different parts of Accounting System Analysis?
Accounting and bookkeeping are the most important business functions and it should be taken care by the management that there functions are properly performed. As the business grows so does the need and requirements of the company changes and the management needs to decide the process of accounting system analysis which will be most suitable […]
Benefits of Setting a Company in Free Zone in UAE
More and more people all over the world are now interested in doing some sort of business. Conducting a business has become easier and simpler and does not require more steps nowadays. The government of the United Arab Emirates understood this and also took into consideration the benefits of bringing business into the country. With […]
How has the Covid-19 pandemic changed the Auditing Services?
The Covid-19 pandemic has brought huge changes in the life of every single person. Business operations were the most affected as everyone had to maintain a social distance. This was a huge change as now every business has to change how it operates. As the people could not travel and had to follow social distancing […]
What do you mean by Recoverable Input VAT?
In the recent past years, there has been a visible increase in the businesses which are being set up all around the world. This is because of many factors such as ease of setting business, easy transportation and communication between various places. This has helped in the increasing numbers of businesses which are set up […]
Importance of Due Diligence in the Current Business Environment
If a buyer is interested in buying a business in the United Arab Emirates, he must conduct Due-Diligence of the business before buying it. This will allow him to know the important details about the company and help him understand if the business will be a fruitful venture and will bring him profit. Different types […]
How can Accounting System Analysis assist in Business Growth
Every business has follows a business accounting system. This accounting system helps the business to keep a track of its financials and the financial situation of the business. It is very important for the management of the business to keep analysing the accounting system of the business. After the analysis, the management will be in […]
Impact of World Expo 2020 on UAE Economy
In the month of November of 2013, The Bureau International des Expositions (BIE) general assembly in Paris gave the nod to hold the World Expo 2020 in Dubai, United Arab Emirates. This expo will extend for a period of six months and will focus on the Connecting Minds, Creating the Future. These expos are organised […]
Difference between Forensic and Financial Audit
Every business needs to understand the current scenario of the business and how it is functioning in the current business environment. If the business is ready for the upcoming business trends. To gather this in-depth knowledge of the company, the management conducts an audit of a company. There are various types of Audits that a […]