Business Valuation is the process of acquiring the worthy status of your company. It means that the established company has to keep checking on their company’s assets, share values, liability, income, and management to make up their mind about their company’s future. Valuation of a company is crucial as it gives you a complete idea […]
Financial technology for short, FinTech, is one of today’s most exciting and fast-growing fields of global business. Although the term may be basic, products and companies in the banking and financial services industries that employ newly established digital and online technology are far more complicated in how it is used and its effect on customers. […]
Dubai Media City is located under the jurisdiction of Dubai Technology and Media Free Zone (DTMFZ) and is a member of TECOM Investments. It was established in the year 2000 and is now a base for global operations of the world-famous media giants like Forbes, CNN, Reuters etc. This free zone of Dubai Media City was built […]
Global responses to the coronavirus disease 2019 (COVID-19) outbreak continue to evolve rapidly. As the pandemic rises both in severity and span, companies also face conditions linked to a general economic downturn. This effect is not limited to the uncertainty and deterioration of financial markets worsening credit, liquidity concerns, further increases in government interference, increased unemployment, widespread […]
Regular internal audits of a company help the business understand its internal operations, specific product/ project financials and help prevent financial fraud or mismanagement.(Read all the importance of internal audit) In this article, we’ll look at the Internal audit plan, its conduction and its various processes. The Annual Internal Audit Plan The annual internal audit plan is the […]
Association of two or more people to carry out business for profit-making purpose is termed as Company. The Company got a separate legal identity in the eyes of the law but cannot perform the business activity on its own, to carry out business processes Company needs a group of people. Setting up of Company is […]
The Audit of a company will provide a comprehensive picture to the investors about the business. To properly prepare the audit reports, the auditors are required to find the relevant data. This in a nutshell is an Audit Evidence gathering procedure. Audit procedures for obtaining audit evidence are an essential part of an auditor’s arsenal. […]
A company’s financial statement analyzes a company’s finances over time. A country’s law requires companies to keep records of their economic activity to track their finances and prevent financial mismanagement. Financial Statement Analysis Financial statement analysis involves analysing a company’s financial statements to make business decisions. External investors and stakeholders use it to understand the […]
Every business requires to have capital in hand so that it can perform the daily business activities. This fund or capital for daily use is known as the working capital. This Working Capital needs to be managed properly as if the working capital is affected, and the business activities could be hampered, which will, in […]
A scheduled internal audit allows you to gauge the effectiveness of your business’s internal control system. An internal audit occurs once or twice every year. An internal audit helps uncover internal control weaknesses and evidence of fraud, wastage or abuse of company resources. Internal audits also help in effective risk management (Read all about Importance of […]
