Business Valuation methods can be defined as the method by which the economic worth of a business can be valued. Business valuation calculations typically include the worth of your equipment, inventory, property, liquid assets, and anything else of economic value…

Good account maintenance for small business is the key for operating a healthy, stable,  growing organization.  “SMEs have always been the backbone of the UAE economy” says Mohsin Aikal   Small businesses are drivers of growth as they generate huge employment…

Choosing an accounting firm is one of the best choices a company can make. The accountant will monitor some of your most private information and advise you on key financial decisions. As a result, you must be cautious while selecting…

What is VAT? The UAE Government implemented VAT in the Country from 1st January 2018 at a Standard Rate of 5%. Value added Tax is a tax on consumption levied at each stage of the Supply Chain and ultimately borne…

What is Money Laundering: Money laundering is the illegal practise of making large sums of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have originated from a legitimate source. Criminals employ this method…

What is Bookkeeping? Bookkeeping is the systematic process of recording, organising, and managing a company’s financial transactions. It serves as the cornerstone for all successful businesses’ financial management, ensuring that income, expenses, assets, and liabilities are properly documented. Businesses that…

Management Audit is an objective and independent appraisal of management’s effectiveness in achieving the overall objectives of the business. It focuses on identifying the management’s weaknesses and suggesting steps to overcome them. It entails a thorough, critical, and constructive review…

Economic Substance Regulations (ESR): The business environment in the United Arab Emirates has seen significant transformations as a result of the implementation of rules such as the Value-Added Tax (VAT) and Anti-Money Laundering Laws. Since the Economic Substance Regulations (ESR)…

Technology has completely transformed the corporate world. Irrespective of the size, nature or type of the business, every organization is interacting globally. And while the transformation has helped companies scale up their operations, it has invited numerous problems simultaneously. Fraudulent…

Economic substance regulations DIFC (Dubai International Financial Centre) are imposed by the registrar of companies in the UAE. These Economic substance regulations UAE were issued in 2019 by the UAE as a part of the country’s commitment as a member…

A sharp drop in the price of oil around the world has hit energy-exporting nations, including several countries in the Middle East. Hence, these countries now have to look for alternate forms of revenue generation. In a bid to remove…

About Auditing Companies in Dubai Auditing companies in Dubai provide the best auditors to perform audit services in Dubai. The audit does not only involve figures but also more. With numerous reforms in laws and technology, the auditing scene is…