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Audit and Assurance

4 Features of an Auditor to look for in Abu Dhabi

February 20, 2019 admin Comments Off on 4 Features of an Auditor to look for in Abu Dhabi

Nobody can refute the various advantages of auditing for a business as it assists the management of the company in various ways. Auditing can prove to be a very essential function for the survival of a business. in the last couple of years, we have seen a rise in the concept of setting up a […]

Audit and Assurance

4 Pre-Requisites of an External Audit

February 6, 2019 admin Comments Off on 4 Pre-Requisites of an External Audit

A business entity is established with an aim to generate profit by making a legal business transaction. From the point of establishment, an organization carries out multiple exchanges with internal and external shareholders. Now, scrutinizing these business activities with the help of the company audit process turns out to be extremely essential. An internal audit service is […]

Audit and Assurance

Steps for Liquidating a Company in Dubai Silicon Oasis

December 20, 2018 Gayathry Comments Off on Steps for Liquidating a Company in Dubai Silicon Oasis

The birth of a business entity is the execution of the idea that an entrepreneur holds. An international business platform that motivates such ideas to mold into reality is Dubai. Multiple free zones and segments have been built accordingly to provide flexibility to every business entity to initiate their business ideas. One such free zone […]

Audit and Assurance

Why Is Financial Audit Mandatory for SME Companies Registered in the UAE?

December 17, 2018 Gayathry Comments Off on Why Is Financial Audit Mandatory for SME Companies Registered in the UAE?

Managing finance is one of the most crucial tasks that every business entity needs to go through. A common question that keeps arising in the minds of an entrepreneur is: Is financial audit mandatory? Do the financial reports needs to be submitted to the authority? Well, the reason behind the existence of such a question […]

Audit and Assurance

How to Choose Auditors from a list of Auditors in UAE

November 12, 2018 Gayathry Comments Off on How to Choose Auditors from a list of Auditors in UAE

Dubai has seen tremendous growth in terms of businesses coming into the country. It is considered one of the most prominent business destinations and has been growing continuously. It has been paving a path for multiple businesses coming to the country worldwide and is headed towards becoming a platform for various companies. There are many […]

Audit and Assurance

Why Internal Audit is Essential for Your Business

October 23, 2018 Gayathry Comments Off on Why Internal Audit is Essential for Your Business

Internal audit is a formal inspection of a company’s internal controls, like accounting and corporate governance, with the aim of proposing improvements in the system and spotting any inadequacies before they are discovered in an external audit. Its role is to verify and ascertain that one or more functions of an organization are operating effectively, […]

Audit and Assurance

The Importance of Risk Management in Business

October 9, 2018 Gayathry Comments Off on The Importance of Risk Management in Business

In the modern business world, every organization faces risks; without risk there is no growth or reward. Risk management is the process of recognizing risks in advance and includes analyzing and taking precautionary steps to reduce the risk. In the financial world, risk management involves identifying and analyzing the risks in financial instruments before any […]

Audit and Assurance

Implementation of Company Due Diligence in 2020

August 27, 2018 Gayathry Comments Off on Implementation of Company Due Diligence in 2020

Too often, the process of due diligence is considered as trouble or impediment that must be encountered. This misconception overlooks the privilege that a corporate due diligence process actually provides. To explain the importance of due diligence, let’s take a step back and consider what due diligence is and how the whole process goes. What […]

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