Audit in Dubai is a vital activity of any information security and compliance program and is a valuable tool for effectively and appropriately controlling risk. The auditing firm in Dubai, UAE that we choose will perform objectively and designed to enhance and mature a company’s business. Also, gives an insight into a company’s policies, procedures...
Read MoreThe Economic Substance Regulation (ESR) has been set forth by the Organization for Economic Cooperation & Development (OECD). The following are the fundamentals: Curbs harmful tax practices To prevent the jurisdiction from being included on the substantial activities by closely tracking the global standards Facilitating offshore structures or arrangements aimed toward attracting profits which don't...
Read MoreA tax audit is conducted by the Federal Tax Authority (FTA) to examine the tax liability of a business covering the VAT Laws and Excise Tax laws. Under law no.7 of the federal Decree-Law, a registered organization is responsible to comply with the tax laws laid by the authority. Here, all the processes fall in...
Read MoreFinancial audits can help you improve your business in a multitude of ways. It is analysing and evaluating the financial statements of a business. The financial statements are the records of business transactions of your company. There are a few types of financial statements. Balance sheet Cash Flow statement Equity statement Income statements All these...
Read MoreBalance sheets are integral to every business. The balance sheet is the statement of the financial position of a company at a given point of time. It gives complete information about the assets, liabilities and the net worth of the firm. It is one of the tools to keep track of earnings and spendings by...
Read MoreFor any business to be profitable and efficient, accounting and bookkeeping services are very important. Starting from recording your financial transactions, classifying them into meaningful insights and summarizing the data to reports, our services help you cover all accounting processes. We at Beyond numbers are an experienced team of professionals with immense experience in different...
Read MoreThere are familiar cases of disputes between partners of firms leading to loss. Auditing is a mandatory note with different advantages. Today most firms include auditing in their Partnership deeds. Most partnership businesses are audited taking into account the interests of partners. Disputes between partners of a firm risks the financial investments thereby risking the...
Read MoreThe financial strategy of the company requires planning, budgeting and forecasting usage more suitably. While the three terms are inter-linked and emphasizes building a financial road-map for your business, they are not at all the same. Let’s explore what these terms significantly mean with their similarities and differences between them. Strategize the plan The first...
Read MoreIf you want to sell your business or you want some loans from the bank, valuation your business is absolutely important. So, what does a valuation report mean? What are the important contents of a valuation report? What are the methods to evaluate a business? I will try to answer all of these questions below....
Read MoreAre you afraid of numbers? Do you freak out with accounts? Don’t worry we are here to help you with numbers and accounts. Here are some start-up accounting guides which all business owners should consider. Business Bank Account As you start-up business, as a thumb rule, open a separate business bank account. Avoid any personal...
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