A business enters into multiple transactions in its entire life cycle. Be it debtors or creditors, or customers and bad debts, money is involved in every part of the business. This involvement of finance in every component needs to maintain accountability. Maintaining these business transactions is referred to as bookkeeping, wherein the accounting procedure involves […]
The Difference Between the 4 Kinds of Audit Reports
Finance is the fuel on which any business runs. Without ample funding, no firm can survive. However, analysing the financial aspects of a firm is what helps a firm use the least amount of finance to be most productive, thereby achieving maximum efficiency. An audit report is a statement containing the audit’s opinion, which is […]
Management of Auditors When They Come for Audit in a Company
Auditing is one of the crucial services that can be conducted in any organization. Audit service has no limit it can be conducted in any department of any organization. But auditing in a company is not an easy part to deal with. Basically, audit service deals with all the financial statements of the company. All […]
How to Choose an Accounting Software?
In today’s technological era, every individual and business entities are inclined towards technology. Every single task, be it a reminder or even a meeting turns out to be incomplete without technology. One such domain that has been completely inclined towards technology is an accounting. The process of accounting starts even before a business incorporates and […]
How does Accounting Software help to Improve Productivity?
It is a well-known fact that accounting is one of the most essential pillars of a business and every business requires such services at some level or other. In the recent past, we have seen a huge increase in technological advancements. The blend of technology with the accounting base has completely changed the entire system […]
Accounting a Service-Based Business in the UAE
For a stabilized business, accounting service is a crucial part. For recording every financial transaction, maintenance of organized cash inflow and outflow, expenditure and supply and for many more purposes accounting service is necessary. Overall accounting firm in Dubai can be categorized as a comprehensive and systematic way of analyzing, summarizing and preparing reports based […]
A Guide for Investment in Dubai
Dubai has been a record holder of the “Tallest Building Ever” and being the safest country. The biggest reason behind the larger real estate status of Dubai is the investment of various million foreigners and residency, who have shifted and invested in Dubai from abroad. The investment planning and regulation are done at the federal […]
All You Need to Know About Hiring a Book-keeper in the UAE
The Middle East has now become a popular destination for a lot of big corporates. UAE has introduced business-friendly policies as well as a ton of tax-free benefits. UAE further has designated free zones that have no tax and allows for one hundred per cent repatriation of capital and profits. This has attracted big firms […]
How Does Cash Flow help in Decision Making?
Managing the company’s finances and keeping track of the flow of investments is a compulsion for every business. When involved in a business, you need to take ultimate care in penning down the cash flow activities, that gives a proper graph at the end related to the cash outflows and inflows. Any business ends up […]
6 Promising Qualities of a Bookkeeper that Create a Key Impact on Businesses
You might come across various scenarios where you have given a thought of appointing a professional bookkeeper. It is a well-known fact that a professional bookkeeper helps in multiple ways to excel in business. However, it is to be taken care that while dealing or selecting your bookkeeper, you need to look at certain qualities. […]