IFRS and GAAP – What is the difference?

There has been a visible increase in the number of businesses all over the world. The United Arab Emirates is no stranger to the gradual rise in the businesses coming into the country. All the businesses are required to adhere...

July 16, 2020

All you need to know before Choosing a VAT Return Filing Consultant

News

All you need to know before Choosing a VAT Return Filing Consultant

The implementation of the Value Added Tax in the United Arab Emirates is a reasonably new change, and this change was made to help both the public as well as the business entities. Not only will the VAT reduce the...

July 15, 2020

Books of Accounts to be Maintained in the UAE

Accounting Services

Books of Accounts to be Maintained in the UAE

When a person in business or entrepreneur sets up a company, the primary aim of the person is to generate profits for himself and the stakeholders. It is easier for a business entity to find out if it is gaining...

July 14, 2020

How Can Professional Accounting Services Help Small Businesses Survive COVID-19 Effects?

News

How Can Professional Accounting Services Help Small Businesses Survive COVID-19 Effects?

The importance of Accounting function is known to every business person. In today’s scenario, the accounting function has a very big role to play in the financial management of a company. Accounting is one of the most basic functions which...

July 10, 2020

How can Bookkeeping help a Company in the Times of the Coronavirus?

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How can Bookkeeping help a Company in the Times of the Coronavirus?

Keeping track of all the transactions, financial or any other kind, of the company is very important for it to grow. With the knowledge of every transaction made, the management of the company will be able to predict the outcome...

July 9, 2020

How can Auditing Add Value to your Business?

Audit and Assurance

How can Auditing Add Value to your Business?

Performing an Audit of the company is looked upon as an obligation and not as an opportunity, but gradually this mind-set of the people is changing. Now, if the company is going into losses or is nor performing as planned,...

July 8, 2020

COVID-19: How Can You Prepare Your Business

News

COVID-19: How Can You Prepare Your Business

At the beginning of the year, there were only talks around the water coolers about a virus that had come from the bats, but nobody paid attention to it. Gradually this virus spread all over the world, but still, the...

July 7, 2020

Economic Substance Regulation

Impact of the Economic Substance Regulations (ESR) on the Businesses in the UAE

The Economic Substance Regulations (ESR) was introduced in the United Arab Emirates through the Cabinet Decision Number 31 of 2019. This regulation was implemented to reduce illegal tax practises and wrong doings in the business community. This regulation will put...

July 1, 2020

Top 7 Reasons to Implement Bad Debt Accounting

Accounting Services

Top 7 Reasons to Implement Bad Debt Accounting

Customer is regarded as the king of any business. Imagine a scenario wherein the king fails to pay the appropriate amount, and the business entity has got no accountability? Scary, right? Well, to avoid such unwanted scenarios, it is highly...

June 30, 2020

Financial Restructuring

How Can Financial Restructuring Help Your Business?

Finance is the fuel that drives the engine of a business entity, and without which an organization can’t perform. Now, a business organization needs to understand that keeping an eye on the available finance and knowing its utilization is a...

June 29, 2020

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Author: CA Jiby Joseph

IFRS and GAAP – What is the difference?

All you need to know before Choosing a VAT Return Filing Consultant

Books of Accounts to be Maintained in the UAE

How Can Professional Accounting Services Help Small Businesses Survive COVID-19 Effects?

How can Bookkeeping help a Company in the Times of the Coronavirus?

How can Auditing Add Value to your Business?

COVID-19: How Can You Prepare Your Business

Impact of the Economic Substance Regulations (ESR) on the Businesses in the UAE

Top 7 Reasons to Implement Bad Debt Accounting

How Can Financial Restructuring Help Your Business?

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