Dubai Multi Commodities Centre (DMCC) had extended the submission of the Audited Financial Statement (AFS) with financial year-end date 31st of December 2019
Everyone is cheering for another year and looking forward to another chapter of their lives. People are expecting to drink a cup of bliss each morning,
A decent and promising spot with little to zero guideline is always the best and the most favorable choice to start on a business as it enables quicker set-to
The meaning of auditing has changed a lot since then until now. If there is what is called the evolution of humans, there is likewise the evolution of auditing.
A well crafted exit strategy is as important for a business as its daily operations. The decision to liquidate a company is to be taken at an appropriate time & abiding by all
Accounting is a process of recording, measuring, and communicating information about financial transactions. Normally, the word “accounting and bookkeeping”
As humans, it is inherent for us to make mistakes – be it committing a small error or getting lost on how things should be done. The same thing might happen while preparing VAT returns.
In the world of business, it is very common for us to hear that accounting plays a vital role as this gives the stakeholders a gauge of how well a company is performing. Given this, do we really know the how important accounting
Value Added Tax has been implemented in the UAE last 1st January 2018. With this, businesses need to consider whether they are required to register
An external audit is an independent examination of the financial statements prepared by the organisation. It is an examination of a company's records
Indications from the new tax law announced last week point to a system that UAE banks and financial institutions will have both exempt as well as taxable supplies.
According to the terms of the recently enacted federal tax law, the Federal Tax Authority (FTA) now has the legal authority to conduct a tax audit
The importance of maintaining proper accounting records by SMEs cannot be overstated. Yet many entrepreneurs and business owners do not take keeping a record of accounts seriously, placing it low