Dubai has one of the most famously dynamic economies in the world. As a rapidly modernizing economy, Dubai is in demand of skilled workers who can quickly produce contract work. Freelancing is becoming more common in the Dubai especially with the younger generation. So if you’d like to settle in and live in Dubai for a...
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When you have a meeting with your accountant, most of you may have a problem of understanding the accounting language, he/she speaks. They might tell you that your accruals are higher in the last fiscal year. What does he mean by that? If you have the same thought process, fear not, you are not alone...
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2021 has started, and we all are excited for the new year. With all the challenges faced in 2020 we are all looking for a quantum leap for 2021. January is almost over so we are left with 11 more months. So, Let’s make the most out of it. To start, look at your financials...
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Being a business owner does not necessarily make you understand the accounting. You did not start your business to be an accountant of course. But having understanding about the basic accounting will be an advantage for you to make informative and accurate decisions about your business. In the long run it will help you to...
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Business valuation is the process & procedures used to establish the economic value of a business. There are multiple reasons for the requirement of business valuation. The major reasons for business valuation are: Establish the price of the business in order to sale it due to retirement, health etc. Requirement for funds to expand the...
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Starting a business is not easy as one has to take care of everything their own from setting up the business to hiring people to attracting customers for their business. Accounting is one of the major factors that must be given priority when starting a business. After all it is the way that...
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Economic Substance Regulations is another compliance requirement from the UAE Government. All business entities in UAE need to notify the government whether their business category falls under ESR. The European Union and Organisation for Economic Co-operation and Development (OECD) insists on having a firm ESR to avoid all forms of tax evasion on a global...
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Driven by the 4M’s, being Men, Material, Machinery and MONEY, the entity designs it way ahead. Since the inception of the business comes "n" numbers of undefined jobs and functions for the enterprise. Accounting being a pivotal function becomes vulnerable if not adequately monitored. A dedicated team of professionals enable statute compliant accounting and preparation...
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