Category: Audit and Assurance

Every business needs to create and manage the accounting records of a business. This is where Bookkeeping and Accounting come into play. These records can tell the entire story of the business. The management can see the past as well...

Fixed Assets are one of the most important parts of a business. One cannot imagine a business without any fixed asset. No matter the size of the business every business will require some kind of fixed asset to continue on...

One of the main aims of a business is to generate profits that can be distributed among its investors. This aim is not always achieved by businesses as they may face certain problems during the business. this problem needs to...

With the advancements in technology, there is the development of various better and resourceful methods which will enhance the profitability of the business as well as prepare a future path for it. One such method which has been developed and...

Statutory audit is a legally required audit to review an organization’s financial statements and records. The audit determines whether an organization provides an accurate depiction of its financial position by thoroughly examining financial information such as balance sheets, bank balances,...

The importance of a financial audit cannot be underplayed by anyone, and the most common type of Audit which will be conducted by any business is Statutory Audit. This type of audit is an audit of all the financial books...

There have been a huge number of business opportunities in the world and especially in the middle east. People from all over the world are looking to come to the middle east in order to set up a company and...

The primary aim of a business is to generate profits for both the company as well as the shareholders, but in certain cases, the company faces huge losses or is unable to change according to the shift in customer demand...

No matter the size of the company, conducting a financial audit of the company is very important. The importance of a financial audit of the company cannot be emphasised enough. There are various types of Audits of a company such...

There are a number of benefits of Auditing a company, and because of these benefits, every company should be audited. The conducting of an audit of the company will help the management to understand the present condition of the company...