Tax recordings are one of the integral parts of the business that needs to be clear and error-free. Just like accounting and audit procedures, the tax records are scrutinized during an audit procedure, and any error in them will have a negative impact in the mind of the auditor, and ultimately affect the audit score. […]
With the growing number of company formation in Dubai, the demand for accounting and audit services has continuously been increasing. A business entity needs to implement multiple services to monitor the growth possibilities and grab on colossal revenue. However, implementing numerous services at one time is not possible for a startup, but ignoring them is […]
Nowadays more and more people prefer to start their own business or work as a freelancer. This has been possible due to an increase in business opportunities all over the world. In the present state of the world where jobs are not stable due to the global pandemic, more and more people prefer to become […]
Keeping a continuous track of all the business transactions can be a tedious job. However, the non-maintenance of such transactions will lead to a difference in the business calculations and relevant proceedings. These business calculations are important for the management to decide the future path for the business. The business owners and entrepreneurs prefer the […]
The business records are a vital element that plays a significant role in leveraging the growth opportunities for an entity. Proper tracking of business growth and to understand the profits and losses that occurred during a specific period of the business is the main goal behind maintaining business books. It is important to note that […]
The invention and growth of technology have brought a massive change to the business world, infusing itself to every possible domain. Over a period of time, the usage and utilization of technology have been implemented in different areas like accounting, audit, tax, etc. Specific software is available in the global market for the business entities […]
Over the past few years, there has been a massive increase in the growth of business entities in the region of Dubai. Holding the flexibility of providing a perfect investment ground, the government has taken multiple strategies to ease the business setup process in the area of the UAE. Now, as per the stated guidelines, […]
A business entity is entitled to pay tax at the end of the financial year. The region of UAE has implemented the concept of VAT on 1st Jan 2018, wherein the business entities are entitled to pay the VAT at 5 percent. Now, many at times it becomes difficult for the business entities to cope up […]
The term Accounting will be known to all the businessmen and entrepreneurs. It is one of the most basic function which a business needs to perform. Accounting not only helps the day to day business activities but also assist in service which will be performed in the future. Every business needs to maintain its books […]
The process of Accounting can be very monotonous and tedious work. Still, in the present world scenario, it is one of the most critical functions which a business needs to perform to ensure its survival. A business needs to keep a close eye on the expenditure made by the company, and the function of accounting […]
