Using the financial account function, investors get a baseline of analysis for the financial health of companies. The analysis is based upon the accounting data entered on the company’s financial statements such as balance sheet, income statement, and cash...
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Even though it is the most critical function of a company, young and upcoming entrepreneurs may consider accounting to be boring or esoteric. Getting the services of accounting firms in Dubai is critical for businesses as accounting helps entrepreneurs...
Bank GuaranteeBank guarantees become relevant when two parties are obliged to perform some duties to complete a transaction. The bank guarantee guarantees the payment of a sum of money to the beneficiary. However, the bank will pay the amount...
• Maximizes the current value of the business:The financial manager always puts his efforts together to maximize and improve the value of the business and its assets such as its stock etc. in case of a listed company• Maintains...
Various types of financial managers:Most financial management plans will break them down into four elements commonly recognized in financial management. These four elements are planning, controlling, organizing & directing, and decision making.• Controllers: They guide in the preparation of...
An external audit is the best level of assurance businesses can have over their financial statements. Yet most companies perform annual audits in Dubai only if it is a legal compulsion or requirement from the Bank. Spancom Technologies recommend...
When auditors in Spancom technologies carry out the annual audit in your company, their focus is not limited to your numbers and finances. Auditors will gain a good understanding of your business and it enables them to analyze your...
Getting strong investors on board is critical for startups and companies preparing for an expansion. However, potential investors look for credibility and transparency before giving the green signal to invest in your company. A properly audited financial statement is...
Businesses that trade internationally find it critical to benefit of corporate finance services in Dubai to help mitigate the key risks involved. Even if you have a confirmed order for products, banks may still be reluctant to provide a...
• Analysis of market trends in the capital market• Finding opportunities for growth and expansion of the size of a business• Management of company credit• Making decisions regarding dividend payout ratios• Wealth maximization of company owners• Handling financial negotiations....