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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
In recent years, the number of companies has increased in Dubai due to the increased number of expats and the emerging economic development. Along with the increasing number of companies, the need for financial experts (i.e.) auditors is also increasing. When we talk about auditors, you can do your company’s audit in two ways: An […]
The accounting monitors your money, including purchases, sales, liabilities, and payments of your business accounts. Some of the essential tasks involve bookkeeping (recording financial transactions), Creating financial reports, filing tax returns, and so on. Accountancy helps you gauge the health and value of the company to make better decisions about short- and long-term success. Daily […]
Every business will have to prepare for hardships in the future, and even when it is fully prepared, it may have to change its strategies at a moment’s notice due to a change in the business environment. This is why a business needs to be always prepared for emergencies. If not, the business may not […]
When you are starting a business all the various functions can be handled by the management as the size of the business is small, but as the business increases in size, the number of activities also increases and also get more complicated with time. There is an increase in the number of people working as […]
