In the world of accounting, accuracy is vital. Incorrect or indecorously reported numbers can lead to all kinds of problems, from misguided strategic planning to cash flow issues, which could leave you unable to pay your employees. And accuracy can be achieved through an audit. A proper examination of everything from specific transaction testing to […]
Internal Audit is the process of evaluating a company’s internal controls, including its accounting processes and corporate governance. The internal audit report ensures that the company complies with state regulations and laws and maintains timely financial reporting. Operational efficiency is possible with Internal Audit as problems are identified and corrected before External Audit discovers them. […]
Accountants do more than you think. They can give you strategic guidance and come up with smart ways to save money or boost revenue. They will also remove or automate administrative tasks that distract you from your primary business. Get an accounting professional and you will run business with more clarity and confidence. When your […]
In the past few decades, there has been significant growth in the number of businesses being set up in the Middle East. This increase in the number of enterprises has also resulted in the demand for more reputed and qualified Accountants and Auditors. The importance of both Accountants and Auditors in a business cannot be […]
It is common for business entities to commence within a group, meaning, broadly, several firms under common ownership. Tax grouping or VAT grouping means two or more businesses or limited liability partnerships can be possibly considered as a single taxable entity for VAT. Since the enactment by the United Arab Emirates Ministry of Finance of […]
Auditing is essential for a company because it allows us to pursue and achieve different corporate objectives. Business processes need a variety of forms of internal control to ease out supervision and monitoring, detect and prevent irregular transactions, measure ongoing performance, to maintain satisfactory performance and also to promote productivity. Auditors gauge the risk of […]
Outsourcing is a must in the business world nowadays. The biggest companies are also permitting to outsourcing because it allows them to have the profit of expertise at a cheap cost. Accounting services gives an essential example of the benefits of outsourcing. Keeping an accounting team demands a great deal of effort. By outsourcing restaurants […]
Dubai is a very lucrative place for entrepreneurs and people in business all over the world. Setting up a company in this place will not only help to register and establish your Business but will also assist you in every possible way to grow and expand the business. This growth will be partially taken care […]
The company incorporation process is the outcome that involves multi-levels of planning, strategizing and brainstorming, with the ultimate intention of earning a profit. Fetching out more revenue is one of the critical aspects that every business seeks for at some point in time. Once you reach the breakeven, it becomes easier to calculate the profit […]
Every organization in the world works towards specific specified goals and has a mission and vision for the future. These goals and targets are measured from time to time to understand the present condition of the organization. These measurable factors which help in figuring out the performance of the company and help us to gauge […]
