• Benchmark against your industryBenchmarking is the process of gauging the performance of your business against a competitor in the same market. Carrying out benchmarking lets you understand the performance of your business and its potential. You need to...
Continue Reading
As every game has a referee or mediator to make crucial decisions and promote fair play similarly, the financial manager plays the massive role as mediator who makes necessary decisions regarding the financial activities of an organization. He is...
Income or share of income from the extraction and exploitation of natural resources directly earned by the government is outside the scope of the UAE VAT. Similarly royals and other financial taxes raised by the Government from the extraction...
Rising business expenses are a constant concern for every entrepreneur. Controlling costs are critical as higher expenses will gradually eat away your company’s profit. If you find it tough to control the rising expenses, it’s high time you seek...
In a big regulatory change, the UAE has introduced a corporate tax on business profits to make the country a leading global hub for business and investment. At a 9% rate, the UAE corporate tax is one of the...
Periodically performing an accounting system analysis will help the management to understand the organization’s accounting requirements. Accounting firms in Dubai can help you perform the accounting system analysis without any irritation. Carrying out an accounting system analysis can help...
What is an Accounting System Analysis? An accounting system analysis simply means the process of evaluating and analyzing the effectiveness of the accounting system followed by a company. Carrying out an accounting systems analysis helps organizations to identify the...
An external audit provides the best level of assurance for a company over its financial statements. Hiring experienced and qualified audit firm in Dubai is essential for the success of an annual audit. However, an audit may turn out...
An external audit provides the best level of assurance for a company over its financial statements. Hiring experienced and qualified audit firm in Dubai is essential for the success of an annual audit. However, an audit may turn out...
2. Check your Financial Statements for MistakesYou must have a closer look at your income statements and balance sheet to ensure that the transactions are recorded in the right place. Most small businesses share the common problem of incorrectly...