The importance of auditing for a business is well known by everyone. Even though it is a time taking process, the risk to reward ratio is very high. But in spite of the benefits of auditing, many small businesses do not audit as they feel that the company is not that big and it will […]

Whenever a business transaction is done, some kind of information is stored in the form of a physical document. This document can later be of huge help for the business and will also help the management in the various business functions such as Auditing. These documents which would prove and document the various transactions made by […]

Doing a business is a very lucrative and profitable option for any businessman and this is the reason we can see a huge increase in the number of businesses which are being set up all around the world. But no matter what type of business is being done, each of them faces some kind of […]

In the past few years. Before the global pandemic, we have seen a huge growth in the hospitality sector in the United Arab Emirates. The tourism sector as well as the travel sector has witnessed a huge boom. This was possible as the government of the country was trying to shift the focus from oil […]

Payroll is a core integral part of any organization. Ensuring timely reimbursements and salary credits can build trust among the company workforce and benefit the company in the long term. As a result, companies will either employ a separate team to process the payroll or integrate the function into internal finance or HR teams. As […]

Lately, the United Arab Emirates has become a very important global business hub. Businessmen from all over the world are setting up businesses in the UAE as it is the gateway to the Middle East. For the companies which have been already established in different locations, UAE is a very lucrative location for business expansion […]

There has been a significant boom in the setting up of businesses in the past decade. More and more people prefer to set up businesses all around the world. The Middle East, especially the United Arab Emirates has turned out to be a fertile ground for setting up a business as people from all over […]

Bringing a company’s management to a tip-top shape and maintaining that is very important for a business. To do so, there are many different tools and techniques followed by a business. One such technique is to audit the company at regular intervals. In the United Arab Emirates, auditing your company has been deemed mandatory in […]

Business involves dealing with many stakeholders such as suppliers & vendors, distributors & related supply chainss, company labour workforce, company management and shareholders. The success or failure of the business depends on the strategic goals along with countless external factors. At times businesses may face issues and prove inefficient due to many internal factors. A […]

A business has to always keep up with the changing business environment. This means that the business has to continuously keep a check on all the records of the business and how the business is currently performing. This is important for a business to be on par with its competitors in the market. It is […]