Accounting and bookkeeping services of a company may not seem to add value to any organisation, but even the slightest mistake in maintaining the account of the business might result in the winding up of the business. Initially, the accounting functions were considered as an in-house department function and businesses had large accounting departments to […]
A company needs to keep its employees happy, and nothing makes an employee more comfortable than getting paid on time but getting paid is not the only concern of an employee. The employee would want to get paid the correct amount and would also like to know that all the taxes have been deducted from […]
If you have just started a business or are expanding your current one, you will require the services of an accountant. Depending upon the scale and your budget, you can avail the services of an in-house Full-Time accountant or a Part-Time accountant. Now, hiring a Full-Time accountant will help your cause, but you must also […]
Bookkeeping may be a very lengthy and time-consuming process, but it is a mandate for businesses all over the world. A company cannot dream of flourishing without proper bookkeeping and accounting. It is essential for a bookkeeper to maintain and to produce appropriate transaction records at the required times. It is necessary that you hire […]
The accounting function in a company is synonymous to the success of the firm. The better the accounts of the company are, the better the chances of growth for the organisation. After setting up a business in UAE, one of the first jobs of the management would be to finalize a way to analyse and […]
The growth of business also means growth in the number of employees, and as the count of the employees’ increases so does the complexity of managing the precision and the timeliness of payroll. Now, this management of payroll can be done internally, or you can outsource the payroll services to a reputed third party. This […]
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 […]
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, […]
Whenever we hear about accounting, the first thing that pops up in the mind is a balance sheet that depicts business stability and tells you whether a business is making a profit or is incurring a loss. Now, establishing a business turns out to be a complicated task. It becomes successful only if the core pillars […]
The business of accountancy has been growing at a fast pace. We know that by the end of the first quarter in 2019, Brexit will take place that put a great impact on all industries, including accounting. While all industries are in an era of change and uncertainty, here are some challenges pointed out by […]
