Accounting and bookkeeping of a company is the function which does not give any visible profit, but if not done correctly can reduce the whole business to rubbles in no time. All the business accounts should be kept properly as if they are ready to use, regardless of the business type. Especially in Dubai where […]
Freelancing is very beneficial as it provides an opportunity to earn without joining any organisation and thus has become a favourite choice among people of UAE. However, they now have to take into account the recent introduction of the Value Added Tax. The VAT in UAE was introduced on 1st January 2018 and has brought new […]
An audit process is one essential that any business entity can’t ignore. Conducting the audit process in the company highlights the high and low domains of a company. It helps the business owners, investors to get a gist of what’s going right and wrong in the company premises. During the audit process, an external auditor […]
Taking a debt is a good option for increasing the amount of liquidity in hand, but too much of debt can cause many problems to the business. The basic concept of debt or loan is that you can get a certain amount of funds which have to be repaid after a specified date after adding […]
It is very important for a business to keep track of all its transactions. This can be done by utilizing proper Bookkeeping practices. Proficient bookkeeping practices help a company to conduct all business activities in a proper manner and also helps them in conducting an Audit of the company. Bookkeeping services allow the management to […]
Whenever the business owners hear the word audit, it is natural for them to wince ones or twice. They feel that the money and time spent on the audit process could be put to better use in developing the business. Nonetheless, the audit process is a very crucial service that a business requires, regardless of […]
Any business is incorporated with the underlying idea that it will grow tenfold in the future and the venture would be a great success. However, due to a mistake in the workings, a shift in the perception of the target market or instability in the business environment, the business might have to face its end. […]
Financial management of a company is crucial as it plays a vital role in the sustenance and growth of the business. However, it can become a nightmare for very successful companies. The more profitable a business grows, the more complicated the financial management of the company becomes. Handling the various invoices, keeping track of the […]
Nobody can refute the various advantages of auditing for a business as it assists the management of the company in various ways. Auditing can prove to be a very essential function for the survival of a business. in the last couple of years, we have seen a rise in the concept of setting up a […]
Dubai has been continuously serving as an open business hub welcoming international investors, entrepreneurs, freelancers, and industrialists to set up their own corporate space. As the number of corporate entities grew, it proportionately increased the need for accounting and auditing needs. These services are essential for an organisation, irrespective of size and nature. Over time, […]
