The corporate world is a competitive market where the business entities constantly compete to gain a better position, fame, with an ultimate goal of acquiring profit from its targeted customers. Now, the definition of a good or a bad company can be defined, only if, one knows the inside proceedings of business. Audit plays precisely […]
Audit Report-A Vital Instrument for Every Business
In the corporate world, the business entities have to undergo the audit process that stands as a mandate, irrespective of the size and nature of business. The ground of Dubai stands as one of the most prominent business grounds for the business owners and investors to come forward and set up their business. At the […]
Importance of Audit in MASDAR City
When we talk about setting up a business in the United Arab Emirates, two places pop into our minds. These are Dubai and Abu Dhabi. Dubai it the recipient of most of the hype and is one of the biggest city in the world, but Abu Dhabi is the underdog in the business setup aspects. […]
Why Most Businesses Fail to Earn A Good Audit Score?
Business entities deal with numerous transactions with different stakeholders since its inception. It is a well-known fact that sustaining a business in a competitive environment is a complex task that requires continuous brainstorming and planning. Keeping a check on the business activities turns out to be a mandate, and this core reason gave birth to […]
Cheapest Free Zones for Your Business in the UAE
The presence of the various free zones is undoubtedly one of the best news for people in business and entrepreneurs that want to set up a business in the UAE. A Free Zone is a designated area within an emirate in UAE, and these free zones have their benefits. These free zones are specifically established, […]
DMCC Authority (DMCCA) Introduces New Company Regulations 2020
The Dubai Multi Commodities Centre (DMCC) is considered as the leading free zone of the United Arab Emirates and has played a crucial role in attracting global and local businesses. With the presence of a stable political environment and an understanding, the Government has made this free zone the poster boy for setting up a […]
Learn How Fraud Examination Works
Banks and financial institutions are attacked and remain at the forefront of economic crime and fraud. A crucial element shall be identified in terms of fraud activities and investigating them. The central theme is to overcome challenges and bring confidence in a fraud investigation that can be presented by the people who are taught and […]
4 Best Practices to Keep Company Insolvency at Bay
Insolvency can be a virus for any company. That can severely hamper the brand reputation of the company or organization. Let’s first know the meaning of being insolvency. A business or any organization when unable to pay the debt in time or if it doesn’t have sufficient assets to cover all its obligations, then the […]
All about liquidation of a company in DDA
When a company is formed, a lot of hard work and planning is put into the formation. But not every company has a long life. Even after constantly examining the business and making strategies for the future, the business may not survive for a long time. This may be due to the fact the taste […]
Types of Liquidation for Shareholders and Creditors
Liquidation can be referred to as the process of the financial and economic operation of distributing assets to the clients, and the final goal will be how to bring an end to a business. Liquidation meaning is the scenario when there will be a due of obligations that shows the insolvency of the company. At […]