Manufacturing industry is in a constant need of surveillance due to the many uncertainties in the market. The dynamic business environment keeps on changing and the various businesses in the manufacturing industry domain have to keep themselves updated with the numerous changes in process and procedures, legal changes as well as the changes in the […]
When a business is set up, the one of the main agendas of the business is to maximise the profits of all the shareholders who have invested in the company as long as the company functions, but there might come a case where the company is unable to meet its requirements. In such a case […]
Choosing to conduct an audit of your company is a very wise decision but before conducting any audit the management should have the knowledge of the different types of audit which are prevalent. A business may have an in-house auditing team or may ask an independent third party to conduct the audit of the company, […]
The function of accounting is the most time consuming and basic of all but is considered as one of the most critical tasks that need to be performed by a business. This function can be performed by you but if you really want your business to flourish and do not want to take any chances, […]
A helping-hand in accounting can bring a new twist and turns to your business. In recent times, it is seen that most of the corporate organizations outsource the accounting department to professional firms who claim to solve their accounting issues and help them to leverage the business profit. It is to be kept in mind […]
Accounting and bookkeeping services of a company may not seem to add value to any organisation, but even the slightest mistake in maintaining the account of the business might result in the winding up of the business. Initially, the accounting functions were considered as an in-house department function and businesses had large accounting departments to […]
A company needs to keep its employees happy, and nothing makes an employee more comfortable than getting paid on time but getting paid is not the only concern of an employee. The employee would want to get paid the correct amount and would also like to know that all the taxes have been deducted from […]
One of the significant steps that were initiated by the GCC countries in 2018 was the inclusion of VAT in the world of business. The Middle East region is well-known for oil industries and fetches the revenue from the oil sources. In the past few years, the region has also concentrated on non-oil sectors and […]
This audit process would result in the management knowing about the loopholes and bottlenecks of the business and will assist them in taking remedial measures. Hence, we can figure out that auditing is a very crucial procedure which has the potential of reviving a dying business. The audit is a process which is usually conducted […]
If you have just started a business or are expanding your current one, you will require the services of an accountant. Depending upon the scale and your budget, you can avail the services of an in-house Full-Time accountant or a Part-Time accountant. Now, hiring a Full-Time accountant will help your cause, but you must also […]
