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The inventory audit is important to assure that the asset allocation is in compliance with the business rules and that the purchases are made only based on historical sale records and vendor details. However, the audit requires the audit department to go through every single purchase and check the historical sales figures and other details […]
VAT or Value Added Tax is charged on the consumption of services and goods. Whether you are an established business or a new one, filing returns of VAT can be highly beneficial. It helps to create a good image of the business in the government’s view and potential and present investors. Currently, VAT is recognized[…..]
While running a business, all the operations are performed together in a streamlined format, which helps achieve the organizational goals. But if one is able to pay proper attention to every business aspect, the business will do obviously do good. Also, lately, there has been a boom in the different markets and seeing this, many[…..]
Several accounting companies in Dubai are growing rapidly. Dubai offers great prospects for the company, which encourages more investors and auditors to start-up in Dubai. The abundance of resources, staff, and infrastructure is essential for all enterprises to capture the attention of this smart city. There are many benefits of bookkeeping in Dubai. In a market[…..]
Each one of us has dreamt of setting up our venture and does something on our own. What if the business you are thinking of can have its base in Dubai? Sounds interesting. Dubai is the land of skyscrapers and successful business ventures. Role of Accounting Services in Business Business is not everyone’s cup of[…..]
Business organizations, whether small or large, have to maintain dedicated financial records every financial year. These financial records or books of accounts are essential for businesses to keep their financial decisions and transactions in order. Government and its dedicated departments mandate the preparation and maintenance of financial records and other books of account. This process[…..]