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Businesses in all industries and forms can enjoy great benefits by outsourcing their auditing function. Although, in theory, a business can handle its internal audit all by itself, yet we shall see that there are crucial gains to be made by hiring third-party professional firms to carry out all your business audits, internal and statutory […]
Dubai is the land of dreams and skyscrapers. It is the city that builds up the dream for many and, it might be in the form of business. However, establishing your own business in the city can be challenging. There are many factors like bookkeeping and accounting to keep in mind. Accounting Plays an Integral Role Managing[…..]
Value Added Tax is imposed on the consumption of services and goods. Any new venture or business in UAE needs to register itself under the VAT law. Only after the registration process is complete, and your business has been approved by the UAE government can you further expand your profile and go ahead with your[…..]
The inventory audit is important to assure that the asset allocation is in compliance with the business rules and that the purchases are made only based on historical sale records and vendor details. However, the audit requires the audit department to go through every single purchase and check the historical sales figures and other details[…..]
VAT or Value Added Tax is charged on the consumption of services and goods. Whether you are an established business or a new one, filing returns of VAT can be highly beneficial. It helps to create a good image of the business in the government’s view and potential and present investors. Currently, VAT is recognized[…..]
While running a business, all the operations are performed together in a streamlined format, which helps achieve the organizational goals. But if one is able to pay proper attention to every business aspect, the business will do obviously do good. Also, lately, there has been a boom in the different markets and seeing this, many[…..]
Several accounting companies in Dubai are growing rapidly. Dubai offers great prospects for the company, which encourages more investors and auditors to start-up in Dubai. The abundance of resources, staff, and infrastructure is essential for all enterprises to capture the attention of this smart city. There are many benefits of bookkeeping in Dubai. In a market[…..]