The corporate world is a competitive market where the business entities constantly compete to gain a better position, fame, with an ultimate goal of acquiring profit from its targeted customers. Now, the definition of a good or a bad company can be defined, only if, one knows the inside proceedings of business. Audit plays precisely […]
Audit Report-A Vital Instrument for Every Business
In the corporate world, the business entities have to undergo the audit process that stands as a mandate, irrespective of the size and nature of business. The ground of Dubai stands as one of the most prominent business grounds for the business owners and investors to come forward and set up their business. At the […]
All You Need to Know About VAT – Are You Prepared?
We all know that the United Arab Emirates has copious amounts of reserves of oil and gas and have a very flourishing Hydrocarbon industry. Except for Dubai, the country of UAE is heavily dependent on revenue from the oil and gas sector. The hydrocarbon sector plays a considerable role in the economy of the UAE. […]
The Challenge of Raising Capital for your Business
In current times, the notion of having one’s own business is a prevalent idea. This is the reason that there is an increase in the Small and Medium Enterprises all over the world. Many entrepreneurs have the idea to start a new business but very less are able to get the required funding for the […]
Importance of Audit in MASDAR City
When we talk about setting up a business in the United Arab Emirates, two places pop into our minds. These are Dubai and Abu Dhabi. Dubai it the recipient of most of the hype and is one of the biggest city in the world, but Abu Dhabi is the underdog in the business setup aspects. […]
All You Need to Know About Virtual a CFO
As an organization grows, its financials become more complex. As the financials become more complex, it becomes difficult to measure and manage cash flow, production costs, inventory, payroll, and other critical financial information and tasks. This is why many organizations grow themselves right out of business. They are not capable of maintaining the financial controls […]
The Implication of VAT on New Businesses in the UAE
The implication of the Value Added Tax is one of the latest development in the country which will impact not only the economy of the land but will also have an effect on its business relationships with the other countries. As this is a new tax implemented on almost all the companies that are present […]
Why Most Businesses Fail to Earn A Good Audit Score?
Business entities deal with numerous transactions with different stakeholders since its inception. It is a well-known fact that sustaining a business in a competitive environment is a complex task that requires continuous brainstorming and planning. Keeping a check on the business activities turns out to be a mandate, and this core reason gave birth to […]
Why Tax is Important for Business in the UAE
“The hardest thing to understand in the world is the income tax”- Albert Einstein. Taxation stands as one of the most crucial domains that every business needs to deal with and thus turns out to be unavoidable. The payment of tax positions as a mandate and therefore, one needs to deal with it carefully. Unlike […]
How to Get Ahead in Accounting with Audit
In today’s competitive business environment, rigorous planning and strategic needs to be applied to all possible domains to sustain in the competitive market. One of the core pillars that depicts the complete scenario of business is accounting, which is regarded as the language of business. Any business entity irrespective of the size and nature needs […]