Reasons to avoid default in VAT Payment

The world has been undergoing a sudden shift with respect to the business sector. Due to the fear of a pandemic, many entrepreneurs are showing more interest in establishing online ventures. Many offline businesses have been shifted to online platforms to keep up with the current scenario. However, this transition of shifting towards online ventures

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Accounting career blog in Audit firm in Dubai

International Financing Reporting Standards are the accounting regulations and rules laid down by the International Financing Reporting Standards (IRFS) Foundation and the International Accounting Standards Board. These accounting rules and regulations should be followed while making a detailed report on all the financial transactions of a business. IFRS has been set in order to have

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When an organisation is formed, the most important and the foremost thing that is put into effect is the rules and the regulations that need to be followed. These are necessary for the enterprise to work in an organisational and structured manner which will eventually lead to the betterment and the growth of the organisation.

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The prevention of fraud in the business and the corporate world is a challenge that is faced by all the firm regardless of their size. The detection of fraud in a corporate includes the examination of a stack of documents, interviewing of the employees, reviewing the accounts and the bookkeeping, etc. The fear of the

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Steps to submit VAT return in UAE

The worth of a business is not an easy task to measure. Business is not like the stocks that you would look for a rate, and that would tell you the value of a business. The valuation of a business in Dubai requires to consider various factors like transactions, assets, liabilities, location of the business,

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Business valuation refers to the process of determining the current worth of a company, taking into consideration various factors like assets, liabilities, income, management, and the location that the company holds, and the many techniques used to determine value. Determining the value of a business is essential for the company as well as for its

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Bookkeeping is an extremely important practice for businesses regardless of their size and nature. The practice of bookkeeping or accounting is necessary to keep track of the transactions of the business on a daily basis. Precision has to be maintained in each, and every step of the bookkeeping process in Dubai as even a single

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