Business owners are frantically thinking about how they can maximize their productivity and grow their business during this busy tax season. Therefore, to quickly identify dormant accounts and finances, an accountant can be of great support and advice you on how to make a strategic decision throughout the year. Business owners usually forget to track […]
4 Best Practices to Keep Company Insolvency at Bay
Insolvency can be a virus for any company. That can severely hamper the brand reputation of the company or organization. Let’s first know the meaning of being insolvency. A business or any organization when unable to pay the debt in time or if it doesn’t have sufficient assets to cover all its obligations, then the […]
All about liquidation of a company in DDA
When a company is formed, a lot of hard work and planning is put into the formation. But not every company has a long life. Even after constantly examining the business and making strategies for the future, the business may not survive for a long time. This may be due to the fact the taste […]
Principles to be Followed by DMCC Approved Auditors
Setting up a business in Dubai is one of the most useful things that a businessperson can do. There are several free zones available in Dubai which allows entrepreneurs and people in business from all over the world to set up a business. One such free zone which is of great importance is the DMCC […]
Various Methods for Valuation of a Business
Business valuation represents the general process to estimate the overall economic value of a business or any organization. To determine the fair value of the business for several reasons valuation is done. That valuation includes calculation of sale values, tax audit, partner ownership taxation. Professional business evaluators, chartered accountants, auditors are involved in the business […]
Types of Liquidation for Shareholders and Creditors
Liquidation can be referred to as the process of the financial and economic operation of distributing assets to the clients, and the final goal will be how to bring an end to a business. Liquidation meaning is the scenario when there will be a due of obligations that shows the insolvency of the company. At […]
Why is Outsourcing the Bookkeeping services a Good Idea for a Business?
It is a well-known fact that accounting stands as one of the essential pillars of any business irrespective of nature and size. It is so important for a business that Accounting is considered the language of businesses. This is because if a credible person looks at the accounting data of a company then he or […]
Seek Approved Auditors in JAFZA for Business Planning
A business idea gets implemented after rigorous hard-work and brainstorming. However, in the corporate world, another essential catalyst that needs to be involved at every stage of a business is planning. Any entrepreneur or business professional can achieve success only if a proper plan has been built, considering all the possible aspects. The complete business […]
7 Roles of Emirates Auditors
The continuous growth of the business incorporations in the United Arab Emirates has increased the requirement for audit process in the region. An audit process stands as a compulsion that every business entity needs to go through without an excuse. The process is carried out to figure out the loopholes in the business proceedings and […]
Different Methods of Error Detection While Auditing
Mistakes are made by every business entity but detecting and understanding their mistake and then taking remedial action at the proper time should be focused on more. Error detection is significant for any business as even a small error can wreak havoc over the company. These errors may or may not be caused intentionally. An […]