One of the best ways to examine and evaluate the various activities of the business is to conduct a financial audit of the company. The financial audit can provide us with an in-depth account of the present status of the company and will also provide details about the potential problems which the business can face. […]
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 […]
What are some Advantages of Updating Backlog Accounts
When a company is set up, it may have a humble beginning meaning that the size of the company may be small. As time passes the company will try to expand into new fields and markets which will support the expansion of the business. It may happen that the company does not maintain proper accounting […]
Reduction of VAT Penalties Due to Covid
The recent Covid-19 pandemic has affected the economy and pushed millions of companies into near bankruptcy and closure. In addition, the pandemic has reduced consumption and affected the production and supply chains due to the subsequent virus-variant containment waves, frequent lockdowns and shortage of man and material. In the pre-covid times, companies operating in the […]
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 […]
How can Accounting provide a massive help to Amazon Sellers?
With a rise in the E-Commerce Culture and the majority of people doing shopping from the comfort of their home, becoming a seller on Amazon is a really good and viable option available to the people. The Covid-19 pandemic has shown that shopping from home can be a very simple and easy process. One does […]
Steps to Set up a Subsidiary Office in the UAE
The companies looking to create their presence in a new market will prefer setting up a subsidiary company. This company is legally independent and has minimal interference from its parent companies in the company’s workings. The parent company can amass various resources which can e utilised later on by the parent company. This can significantly […]
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, […]
Top 6 Benefits of Outsourcing Payroll Services
The payroll process plays a central role in every organization. A suitable and robust payroll system can keep many company problems at bay. It takes enormous effort and hard work from every employee for any company to become a successful venture. A timely payroll can be a factor that inspires the company employee to give […]
How to Value your Business in UAE
Companies across the world tend to grow over a period to increase shareholder wealth. The growth is achieved either by market expansion, product diversification, merger and acquisition of the competitors. Companies may also have to raise capital to fund the expansion and achieve growth. The merger and acquisition are carried out based on many factors […]