Every business in the world needs funds to function, and as the company grows, the management needs to give more thought to the capital structure of the company. The primary objective of every business is to maximize the value of the firm, which will, in turn, increase the profitability of the shareholders. One of the […]

A career as a financial auditor is an extremely lucrative option for young graduates. In the article below, we’ll cover what it means to be an auditor, career prospects, growth and a lot more. Who Is An Auditor? An auditor is more than an accountant who reviews financial records. Auditors work for private companies, governments, […]

An Internal Audit of a company is a complicated venture for the uninitiated. An internal audit helps a business understand its internal operations, specific product/ project financials and help prevent financial fraud or mismanagement. In this article, we’ll look at the Internal audit plan, its structure and critical elements. Internal Audit: Structure Internal Audit performs […]

Sometimes a business has a number of branches or subsidiaries working for the parent company. Though these branches or subsidiaries could act as an independent company, some part of it is still answerable to the parent company. I order to fully understand the business, the auditor must audit all its subsidiaries and this is where […]

Auditing refers to the process of scrutinizing the account books of the company to ascertain the correct financial position of a company and to make out whether all the transactions were legit thereby confirming the absence of any fraud. Auditing involves examining the financial records of an organization or an individual to determine if they […]

Directing an internal audit can be an extremely perplexing and time intensive undertaking and this is the explanation that relatively few business people and businessmen need to start the cycle of an internal audit in their company. In any case, each business should lead an audit at decided interval of duration. This would uncover the […]

Auditing Services are a way to find out if there is any discrepancy or any occurrence of fraud in the company. Once the business is set up, the management of the company needs to look into maintaining the business in its best shape. If the financial condition of the business is perfect, the results provided […]

Setting up a business can be a monumental thing, but to keep the business alive and functioning can be an altogether different task. To maintain a business and to find out solutions for any problem faced by the business, the management can conduct an audit of the company. The audit is a very important part […]

Auditing is a very important part of managing a company. The process of auditing not only helps a business to understand its financial health but also will allow the management to prepare a strategy for the future. Auditing also provides various other benefits to a company such as: Helping understand the Financial Health Maintaining Compliance […]

The United Arab Emirates’ Cabinet has as of late distributed Resolution No 58/2020 to control the ‘minimum’ commitments of entities incorporated there – incorporating those in the non-financial free zones. From 27th October onwards, the resolution will require the revelation of information about beneficial owners at the initial registration/incorporation stage. For each situation, the data […]