There are increased number of frauds that are being committed within the firms, due to which has lead to a rise in awareness within the businesses to protect and get rid of all the fraudulent individuals associated with them. The reason behind the demand for third party fraud examiners is one the rise. Over recent […]
COVID 19 : Steps taken by the UAE Government to Strengthen the Economy
The coronavirus pandemic has affected more than 200,000 people and has been spread in more than 145 counties in the world and is showing no indication whatsoever of slowing down. This pandemic has brought the whole world to a literal standstill as there are complete lockdowns of regions in the world to curb the spread […]
Why is Business Valuation Important?
Human tend to have the inclination of measuring the value of each and everything they spend the money on. Establishing a business involves vast risks, so it becomes all the more imperative to check its economic worth from time to time. Business valuation can be well-defined in several ways, but in layman language, we can […]
How Virtual CFO Services can help you?
The finance and accounting business is going through significant changes. Frequent and routine services like bookkeeping and accounting are flooding the industry. Businesspersons have so many options in providers of ordinary accounting services that the process for them is steadily decreasing. There’s a little or no differentiation in this crowded market that the value of […]
Impact of Coronavirus on UAE Economy
The whole world is facing a severe epidemic that has brought the working of the world as an entire to a halt. There are specific industries that are more affected by this virus. Still, by practicing social distancing and by following basic hygiene practices, the globe as a whole will overcome this problem and emerge […]
Find Fraud Schemes with Fraud Examiners’ Sentiment Analysis Technique
Fraud can be destructive to a business, especially as financial transactions and fraud schemes are becoming more sophisticated and complex with technology developments. Acknowledging the wide variety of threatening internal and external fraud schemes, including fraud by vendors, corruption and asset misappropriation projects is essential for detecting and deterring fraud. On the authority of the […]
All You Must Know About De-Registration Tax Group in the UAE
The United Arab Emirates (UAE) has effectively implemented Value Added Tax (VAT) across the Emirates. There has been a good percentage of agreement by the businesses that prove that the tax system is a definite asset in the country. What is a Tax Group? A tax group consists of two or more parties that are […]
A Guide For The Right Accounting Software For Your New Business
Stable accounting software is the go-to solution for all your business needs, helping you run your business smoother and faster. Regardless of the size and demographics of your company, your business gets much-needed momentum to grow and prosper with the help of innovative accounting software. Reliable and stable accounting software makes everyday trade operations of […]
Reasons to Opt for Company Liquidation
Liquidation is the winding-up of an organisation where the management sells all the assets of the business and distributes them among the shareholders of the company. The company liquidation typically occurs when a limited company has reached a point where for one reason or another, it has is decided by the board of directors and […]
Mandatory and Voluntary VAT registration in Dubai for Businesses
Value Added Tax (VAT), considered an all-purpose utilization tax, is levied on the mainstream businesses in supplies/goods and services. It is advised to consult a VAT consultancy service in the UAE to pursue business within a legal framework. VAT Intimations on Corporations Companies involved in business or trade are accountable to carefully document certain features […]