Category: Audit and Assurance

An audit process is one essential that any business entity can’t ignore. Conducting the audit process in the company highlights the high and low domains of a company. It helps the business owners, investors to get a gist of what’s...

Whenever the business owners hear the word audit, it is natural for them to wince ones or twice. They feel that the money and time spent on the audit process could be put to better use in developing the business....

Any business is incorporated with the underlying idea that it will grow tenfold in the future and the venture would be a great success. However, due to a mistake in the workings, a shift in the perception of the target...

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...

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...

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...

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...

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...

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...

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...