Category: Audit and Assurance

An audit report is a report that contains the opinion of the auditor, which is issued by the independent auditors after their examination on the entity’s financial statements and related reports. Those including financial statements, management accounts, management reports, and...

What is Audit? The term audit refers to the examination of records, returns, and other such documents of a registered entity to verify that the turnover declared, refunds claimed, taxes paid, and input tax recovered are correct or not. What...

Auditing focuses on evaluating the effectiveness of a company’s internal controls. Maintaining an effective system of internal controls is crucial for gaining an objective of the company’s business, acquiring reliable financial reporting on its operations, preventing fraud and misappropriation of...

Internal Audit is the process of evaluating a company’s internal controls, including its accounting processes and corporate governance. The internal audit report ensures that the company complies with state regulations and laws and maintains timely financial reporting. Operational efficiency is...

In the past few decades, there has been significant growth in the number of businesses being set up in the Middle East. This increase in the number of enterprises has also resulted in the demand for more reputed and qualified...

Auditing is essential for a company because it allows us to pursue and achieve different corporate objectives. Business processes need a variety of forms of internal control to ease out supervision and monitoring, detect and prevent irregular transactions, measure ongoing...

Dubai is a very lucrative place for entrepreneurs and people in business all over the world. Setting up a company in this place will not only help to register and establish your Business but will also assist you in every...

Whether you are the owner of a Small and Medium Enterprise or are looking to set up a business in the middle east, there is a great need for maintaining and auditing the company records. With the new addition of...

There are a number of free trade zones available to a business in the UAE. These free trade zones aim to provide the best possible services to a company so that the business can reach its maximum potential and grow...

In recent years, the United Arab Emirates has now considered a breeding ground for businesses from all over the world and has taken up various measures to attract entrepreneurs and people in business from all around the world. The United...