Category: Audit and Assurance

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...

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...

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...

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...

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...

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....

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...

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...

With the evolution of company structures, the need for accounts maintenance has got a high demand. Business entities in Dubai are expected to follow the international accounting standards to maintain uniformity. Ranging from small to large-sized organizations, the concept of...

When an auditor is selected, the next thing is to prepare your company for an audit. Many people consider an audit of the company as an unsavoury prospect. They don’t want a separate third party to go through their books...