In the life of a company, the Board of Directors might have to take specific steps and make individual decisions. These steps will decide the future of the company. The choice of closing down or winding up a company must be the hardest of them all. Depending upon the reasons for such decisions, the Board […]

United Arab Emirates is famous for the wonderful business opportunities it provides and also the various facilities and amenities the place offers to the budding businesses. With the presence of an understanding and flexible government, UAE has become a very lucrative place to set up a business for entrepreneurs all around the world. Though the […]

A free zone in the United Arab Emirates focuses on a particular business sector. With the presence of numerous free zones in the country, the government of UAE targets all the business sectors possible, which in turn will enable the diversification of the economy. One such free zone is the Dubai Studio City free zone, […]

The main aim of setting up a business is to gain profits so that these could be further distributed to the investors and shareholders of the company. To achieve this profitability, the company must continuously check its various operations and processes. This complete and in-depth scrutiny of all the data generated by a business is […]

You must have heard that internal audit is a necessity for an organization to improve the business performance. Be it any department of an organization, each of them needs an overview to remove the flaws or loopholes (Read what are the importance of internal audit). An auditor takes the core responsibility to perform the audit essentials […]

Investigations are used in almost every activity. Especially in business, the management has to take care that there is no fraudulent activity taking place. Nevertheless, there may be discrepancies and frauds happening in the company. To find these frauds, various methods are used such as investigations, audits, etc. For the common man, an investigation and […]

Every entrepreneur must understand the need for an audit in the company. Performing an audit has many benefits for the company, but many myths and rumours are going around relating to the auditing of a company. These are some of the myths that deter us from conducting an audit which ultimately hampers the company. In […]

A lot of hard work and planning goes into setting up of a company. It is necessary for the management to put in the time and effort in the incorporation process so that the company can have the correct start. But even after this many companies have to face the end which can be caused […]

An audit can be a costly and time-intensive affair, which is why many businessmen and entrepreneurs have the wrong perception about it. Many people feel that by conducting an External audit they are wasting the time and resources of the company but this could not be farther from the truth. When the review of a […]

Conducting an audit has slowly become an essential part of the life of a company or business. Organizations all over the world conduct an audit of their business undertaking irrespective of their size or the type of industry. One of the primary purposes of conducting an audit is to detect and prevent any wrong and […]