Be it a small mom and pop business, a retail chain, a Fortune 500 company, a government programme or a financial agency, all of them require regular, strategic, and comprehensive audits to track an organisation’s financials. Below are the major differences between regulatory audit, statutory audit & performance audit: Regulatory Audit A regulatory audit aims to […]
Accounting Services in Dubai South Free Zone
While nurturing Dubai South, the government of Dubai had a vision in mind which was to empower individuals and businesses to achieve their aspirations for the betterment of society and economy. Dubai South was formerly known as Dubai World Central. Dubai South is similar to a dream project for the government of the UAE. Especially […]
What is a Capital Structure and How It Affects your Business?
Every business in the world needs funds to function, and as the company grows, the management needs to give more thought to the capital structure of the company. The primary objective of every business is to maximize the value of the firm, which will, in turn, increase the profitability of the shareholders. One of the […]
A Guide to Audit Professionals
A career as a financial auditor is an extremely lucrative option for young graduates. In the article below, we’ll cover what it means to be an auditor, career prospects, growth and a lot more. Who Is An Auditor? An auditor is more than an accountant who reviews financial records. Auditors work for private companies, governments, […]
How to find a Tax Advisor suitable for your Company?
Taxes play a very important role in a business and managing these taxes can mean the difference between the existence or liquidation of a business. each jurisdiction has its own rules and regulation for taxation and o understand and comply with these rules and regulations is the most important thing for a business. If there […]
A Guide To An Internal Audit Structure
An Internal Audit of a company is a complicated venture for the uninitiated. An internal audit helps a business understand its internal operations, specific product/ project financials and help prevent financial fraud or mismanagement. In this article, we’ll look at the Internal audit plan, its structure and critical elements. Internal Audit: Structure Internal Audit performs […]
7 New Technologies That Have Revolutionized The Accounting Industry
Every accountant is aware that accounting is a language of business!! Accounting is the art of documenting, classifying, and summarizing money, transactions, and events. Owing to the rapid changes in the field of information technology, guided by competition and efficiency, the market climate has now become highly competitive. New technologies are designed to cover a wide variety […]
What are Ratio Analysis, and How is it Used?
To know about the financial health of the company is very important. There are many factors that should be considered while analyzing and describing the health of the company. to perform this activity, ratio analysis is used. There are many types of the ratio which are used to talk about the financial health of the […]
Why Is Tax Audit Important?
Tax is a compulsory payment levied by the government on an organisation or individual to raise revenue for public needs. The collected amount is then utilised for various public expenditure programmes. Taxes are essential for every country. The critical function of tax is to accrue funds for the functioning of government and its multiple types […]
All About Tax Penalties
Authorities ensure that citizens comply with the laws and regulations intended to improve the system. They spotlight the companies in UAE for Tax registration. The information drives are being carried out in Dubai by Consultants so that people in the UAE can get a better understanding of rules and regulations involved in the process of tax […]