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, […]
The VAT is one of the recently initiated steps taken by the GCC countries. The idea of launching this step was to bring out a new source of revenue. Being a part of GCC, the United Arab Emirates (UAE) needs to implement the same. Now, at this point, it becomes essential for business investors, owners, […]
Cash Flow is one of the most crucial parts of a business, which can lead to disastrous results if not taken care of. It indicates how much cash is going out and how much revenue is generated by the company. The details of cash flow can be caused by preparing a cash flow account, which […]
A business entity is established with an aim to generate profit by making a legal business transaction. From the point of establishment, an organization carries out multiple exchanges with internal and external shareholders. Now, scrutinizing these business activities with the help of the company audit process turns out to be extremely essential. An internal audit service is […]
The business environment of a country is very dynamic and can never be predicted accurately. It would greatly help for the business if you regularly change the business model of the business or it is possible that the business will not be able to keep up with the technological, social or political changes of the […]
The primary goal of any business is to earn a profit, and this goal cannot be reached without the proper use of finances. A firm, whether big or small, can achieve great heights with the proper corporate financial services and appropriate management of its funds. A cash strapped business can choose in between long term or short […]
