Sep 18, 2021

UAE financial markets

Dubai Financial Market (DFM) is governed and regulated by the UAE Securities and Commodities Authority (SCA) which has the authority to impose laws and standards which DFM must comply. Two main financial securities exchange markets operate in the UAE under the Securities and Commodities Authority (SCA): Abu Dhabi Securities Exchange Dubai Financial Market Both markets...

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Sep 22, 2020

Annual Financial Statement Preparation In Dubai

Dubai based LLC (Limited Liability Companies) should prepare their annual financial statements based on International Financial Reporting Standards (IFRS). Enterprises are expected to prepare and organize an improved audited financial statement each year as per IFRS. In the case of the transitional holding company, consolidation is not necessary. Holding companies prepare their financial statements under...

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Sep 10, 2020

Ways to set up the Financial Strategies in Dubai

The 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...

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Aug 13, 2020

Advantages of using WAVE as accounting Software:

  Started a new venture? Wondering which accounting software to use? There are definite advantages of using Wave as an accounting software. In this blog I am going to explain the advantages and disadvantages of using Wave as your accounting software. [caption id="attachment_978" align="alignnone" width="240"] Wave as accounting Software[/caption]   Wave vs Excel:   You...

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