When a business is set up, the one of the main agendas of the business is to maximise the profits of all the shareholders who have invested in the company as long as the company functions, but there might come a case where the company is unable to meet its requirements. In such a case […]
Choosing to conduct an audit of your company is a very wise decision but before conducting any audit the management should have the knowledge of the different types of audit which are prevalent. A business may have an in-house auditing team or may ask an independent third party to conduct the audit of the company, […]
The function of accounting is the most time consuming and basic of all but is considered as one of the most critical tasks that need to be performed by a business. This function can be performed by you but if you really want your business to flourish and do not want to take any chances, […]
A helping-hand in accounting can bring a new twist and turns to your business. In recent times, it is seen that most of the corporate organizations outsource the accounting department to professional firms who claim to solve their accounting issues and help them to leverage the business profit. It is to be kept in mind […]
A company needs to keep its employees happy, and nothing makes an employee more comfortable than getting paid on time but getting paid is not the only concern of an employee. The employee would want to get paid the correct amount and would also like to know that all the taxes have been deducted from […]
One of the significant steps that were initiated by the GCC countries in 2018 was the inclusion of VAT in the world of business. The Middle East region is well-known for oil industries and fetches the revenue from the oil sources. In the past few years, the region has also concentrated on non-oil sectors and […]
This audit process would result in the management knowing about the loopholes and bottlenecks of the business and will assist them in taking remedial measures. Hence, we can figure out that auditing is a very crucial procedure which has the potential of reviving a dying business. The audit is a process which is usually conducted […]
Bookkeeping may be a very lengthy and time-consuming process, but it is a mandate for businesses all over the world. A company cannot dream of flourishing without proper bookkeeping and accounting. It is essential for a bookkeeper to maintain and to produce appropriate transaction records at the required times. It is necessary that you hire […]
It is well-known that the UAE has been considered as a favourable destination by entrepreneurs, business owners, freelancers. The region provides a platform for business organizations to establish their roots and grow to national and international level. The UAE stands as a member of the GCC countries, and an important step was taken forward to […]
The task of recording, tracking and managing small expenses may not seem important but turns out to be one of the essential functions that a company can’t ignore. Bookkeeping is the ultimate process that records the expenses, and finally builds the foundation for accounting. While dealing with the process, accuracy stands first in the priority list. […]
