Auditing focuses on evaluating the effectiveness of a company’s internal controls. Maintaining an effective system of internal controls is crucial for gaining an objective of the company’s business, acquiring reliable financial reporting on its operations, preventing fraud and misappropriation of its assets and lessening its capital cost. Both independent and internal auditors contribute to a […]

Internal Audit is the process of evaluating a company’s internal controls, including its accounting processes and corporate governance. The internal audit report ensures that the company complies with state regulations and laws and maintains timely financial reporting. Operational efficiency is possible with Internal Audit as problems are identified and corrected before External Audit discovers them. […]

In the past few decades, there has been significant growth in the number of businesses being set up in the Middle East. This increase in the number of enterprises has also resulted in the demand for more reputed and qualified Accountants and Auditors. The importance of both Accountants and Auditors in a business cannot be […]

Auditing is essential for a company because it allows us to pursue and achieve different corporate objectives. Business processes need a variety of forms of internal control to ease out supervision and monitoring, detect and prevent irregular transactions, measure ongoing performance, to maintain satisfactory performance and also to promote productivity. Auditors gauge the risk of […]

Dubai is a very lucrative place for entrepreneurs and people in business all over the world. Setting up a company in this place will not only help to register and establish your Business but will also assist you in every possible way to grow and expand the business. This growth will be partially taken care […]

Whether you are the owner of a Small and Medium Enterprise or are looking to set up a business in the middle east, there is a great need for maintaining and auditing the company records. With the new addition of Value Added Tax and the emphasis of the government of the United Arab Emirates on […]

There are a number of free trade zones available to a business in the UAE. These free trade zones aim to provide the best possible services to a company so that the business can reach its maximum potential and grow even more. These free zones focus on a specific industry that allows the government to […]

In recent years, the United Arab Emirates has now considered a breeding ground for businesses from all over the world and has taken up various measures to attract entrepreneurs and people in business from all around the world. The United Arab Emirates is now considered the gateway to the Middle East. As soon as we […]

The importance of free-zones in the United Arab Emirates is well known to all. These free zones allow a foreigner or even a local to set up a business in the zone straightforwardly and quickly. These free zones have their administration which will enable them to cater to the businesses in the area an also […]

Every person who has delved deep into the business world knows the importance of doing an internal audit of the company. An internal audit will not only help the management to understand the present situation of the company but will also allow them to take control of the current condition of the company and make decisions for […]