Business entities deal with numerous transactions with different stakeholders since its inception. It is a well-known fact that sustaining a business in a competitive environment is a complex task that requires continuous brainstorming and planning. Keeping a check on the business activities turns out to be a mandate, and this core reason gave birth to […]
Why Tax is Important for Business in the UAE
“The hardest thing to understand in the world is the income tax”- Albert Einstein. Taxation stands as one of the most crucial domains that every business needs to deal with and thus turns out to be unavoidable. The payment of tax positions as a mandate and therefore, one needs to deal with it carefully. Unlike […]
How to Get Ahead in Accounting with Audit
In today’s competitive business environment, rigorous planning and strategic needs to be applied to all possible domains to sustain in the competitive market. One of the core pillars that depicts the complete scenario of business is accounting, which is regarded as the language of business. Any business entity irrespective of the size and nature needs […]
Qualities Needed by an Auditor in DMCC
Every company requires an auditor to keep the company on the path to success. Proper accounting and auditing will allow a company the company to utilize all of its resources in a judicious way. It will also allow the company to control and curb any illegal or cost and labour intensive activity that is happening […]
Fraud in the UAE: Certified Fraud and Forensic Accounting
Whenever the term “capital” or “money” is used then in someplace the term fraud is also an inevitable term. In short, fraud can be defined as the act of greediness or deception that will lead to personal gain or personal profit. Mostly the purpose behind the fraud is greediness and covetousness. Cheating can occur anywhere […]
Accounting in Sharjah Media City (SHAMS)
Sharjah is the third largest emirate in the United Arab Emirates and is regarded as the trading hub. Trading plays a significant role in the contribution to the Gross Domestic Product of the emirate as more than 45% of the GDP comes from selling and related activities. This emirate also holds many Free Zones which […]
Benefits of Cash Flow Forecasting
It is crucial for a business to understand the future trends of the industry. Such understanding can result in the great success of the company. After the forecast, the company can expand its operations to newer markets and tap into new customer segments, but the expansion of the company in the future means that the […]
Accounting in Dubai Industrial City
There are many Free Zones available to a budding entrepreneur and businessman in the United Arab Emirates. These Free Zones help in providing various benefits to the company of the entrepreneur, which allow the company to flourish. Some of these benefits are given below: No requirement of corporate taxes. Excellent support services. No personal income […]
All You Need to Know About Business Valuation
While starting a business, a lot of brainstorming, mind mapping goes into it. Many at times, you might even want to give up when results aren’t meeting the expectation. Whatever be the position of your business, you might be aware about the value that your business holds at the current time. Being aware of the […]
Accounting Services in Dubai Healthcare City (DHC)
Being one of the evolved business destinations, Dubai has been grabbing the attention of business owners and entrepreneurs in every possible way. Continuous efforts have been taken by the Government to establish the region of UAE as one of the global business hubs covering all the potential business entities. To excel in every specific domain, […]