With the advancements in technology, there is the development of various better and resourceful methods which will enhance the profitability of the business as well as prepare a future path for it. One such method which has been developed and used extensively nowadays for businesses is known as a Remote Audit. Let us know what […]

Statutory audit is a legally required audit to review an organization’s financial statements and records. The audit determines whether an organization provides an accurate depiction of its financial position by thoroughly examining financial information such as balance sheets, bank balances, bookkeeping records, and financial transactions. The companies subject to audit are usually the public listed […]

The importance of a financial audit cannot be underplayed by anyone, and the most common type of Audit which will be conducted by any business is Statutory Audit. This type of audit is an audit of all the financial books of accounts of the business which have to be performed legally. This type of audit […]

There have been a huge number of business opportunities in the world and especially in the middle east. People from all over the world are looking to come to the middle east in order to set up a company and conduct their business. But with the increase in the opportunity for business comes the opportunity […]

The primary aim of a business is to generate profits for both the company as well as the shareholders, but in certain cases, the company faces huge losses or is unable to change according to the shift in customer demand and preferences and has to shut down all its business activities. In this case, the […]

No matter the size of the company, conducting a financial audit of the company is very important. The importance of a financial audit of the company cannot be emphasised enough. There are various types of Audits of a company such as Statutory Audit, Performance audit, Regulatory Audit etc. it is up to the management of […]

There are a number of benefits of Auditing a company, and because of these benefits, every company should be audited. The conducting of an audit of the company will help the management to understand the present condition of the company and will also help in ensuring that the company is following the set path as […]

Due to an increase in Globalization and the opening up of the economies of the middle east, many international companies have found themselves trying to capture the middle eater market. these companies must keep in mind the various rules and regulations which are applicable to such companies in the United Arab Emirates. One of the […]

In the last couple of decades, we have seen a significant increase in the number of companies coming into the Middle East countries to set up a business. This has been possible due to various factors such as the opening up of the economy of the Middle Eastern countries, the presence of various free zones, […]

Every business conducts certain activities that end up either profitable to the business or cause loss to the business. The management should keep track of the activities being conducted by the business and also the impact which these activities have on the working of the business. If the loss caused is very high and irrecoverable, […]