The concept of bookkeeping was to maintain a proper record of business transactions. Started with the manual process, the traditional bookkeeping practices followed in the business organizations turned out to be way tedious and time-consuming. With the changing time, technology has accordingly grabbed the bookkeeping domain, and in due-course has changed the entire scenario of […]
Did you find the Right Accounting Firm for your Retail Business in the UAE?
With the thought of shopping and retail goods, the first thought that pops into our minds is that of the malls in the UAE. In the last two decades, the UAE has seen a massive change in the retail sector. Efforts of both the government and the various private companies have resulted in UAE holding […]
Steps to Take for Successful Accounting for Your Business
The process of accounting is required to be conducted by every company, irrespective of their size and nature. This accounting may be fundamental and might not need a vast amount of knowledge but is essential for the business to thrive in the competitive market. When your business grows further, these necessary accounting activities will allow […]
Top 10 Benefits of Outsourcing Accounting and Payroll Services
Many at times you might wonder why to outsource business activities when you have a respective department for every business division. Well, for a minute you might get thought that it would turn out to be costly by outsourcing, or you might even take a step forward to train your current employee, and then carry […]
6 Tips to Select the Best Accounting Firm for your Real Estate and Property Business
Real estate accounting builds a pathway for the real estate business to grow ahead. Selective measures and techniques are used to figure out the best possible ways to leverage the profit and expand the business. Most of the business owners are taking the help of professional accountants to carry out the accounting activities, which turns […]
7 Accounting Tips for Start-ups
In the business world, accounting plays the role of a lifeline that stabilizes a business financially by keeping a track of all the expenses made and profits earned. Today’s professional crowd has got a mind that craves for start-ups irrespective of industry and business domain. The advancement of technology has helped every business owner to […]
Accounting Standards in UAE for Private Companies
There has been a considerable increase in the number of companies in the UAE, and the number of incorporations is still increasing. This increase is because of the tax-free business environment and the state of the art infrastructure that the UAE provides to the companies. The various tax benefits and the advantages from the side […]
Why Accounting is Considered as the Life Blood of a Company
Every decision of management has a significant impact on the future of the company. Still, the most critical decision, which can change the business’s whole course, is taken after carefully considering and analysing the company’s financial aspects and other reports. This is where accounting comes in. Let us know more about the Accounting function and […]
What can Accounting do for a Consultancy Business
When starting a business, the first things that a businessperson would require is knowledge in the particular domain, and next, he would need to secure funds for the company. There are various methods to procure funds for the company such as by applying for loans, crowdfunding, shares and debentures, but to gain the complete knowledge […]
How to Select a Public Certified Accountant Firm?
Accounting is an essential and crucial function for any business which makes choosing an accountant is a critical decision to take. Nowadays, an accountants job has grown to be much more than just taking care of the Debit and Credit sides of the business. The domain of an accountant now includes not only bookkeeping and […]