Key tax considerations for small businesses in UAE In this article, we will discuss the key tax considerations for small businesses in UAE. We will also provide tips on how to minimize your tax liability and comply with the UAE tax laws. Starting and running a small business in the UAE can be a rewarding […]
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Islamic Finance Dispute: What You Need to Know An Islamic finance dispute is a disagreement between two or more parties that arises out of an Islamic finance transaction. Islamic finance is a system of finance that is based on Islamic law, or Shariah. Disputes can arise in Islamic finance for a variety of reasons, such
Internal Audit Services in UAE It is more important than ever for organizations to have strong internal audit services in UAE, in the fast-paced and ever-changing business landscape of UAE. Internal audit services provide an independent and objective assessment of an organization’s operations, risk management, and internal controls. This helps organizations identify areas for improvement,
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Bad debt provision calculation Bad debt provision calculation is an accounting estimate of the amount of receivables that are unlikely to be collected. It is a necessary part of financial reporting, as it helps to ensure that businesses accurately reflect their financial position. IFRS 9 is the International Financial Reporting Standards (IFRS) that governs the
Account for Cryptocurrencies in Financial Statements Cryptocurrencies are a new and emerging asset class, and the accounting treatment for them is still evolving. There are a number of different accounting standards that can be used to account for cryptocurrencies, and the best approach will vary depending on the specific circumstances. In this article, we will
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Choose the right accounting method for your business Choose the right accounting method for your business can have a significant impact on your financial reporting and tax liability. There are a few key factors to consider when choosing an accounting method, including the size of your business, the type of business, and the laws and
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Forensic Accounting and Fraud Examination Services in UAE Forensic accounting and fraud examination services in UAE play a pivotal role in safeguarding the integrity and financial well-being of businesses. As the UAE continues to experience rapid economic growth and attract international investments, the need for robust measures to combat financial fraud and misconduct becomes increasingly
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Accounting services in DMCC Accounting services in DMCC are essential for businesses of all sizes. Whether you are a startup or an established enterprise, you need to have accurate and timely financial information to make informed decisions about your business. A good accounting firm can help you with everything from bookkeeping services in DMCC to
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Financial reporting for Non-Profit organizations in the UAE plays a crucial role in providing transparency and accountability in the United Arab Emirates (UAE). In this comprehensive article, we will explore the specific requirements, best practices, and legal framework governing financial reporting for NPOs in the UAE. We will discuss how to prepare financial statements, highlight
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External Audit Services in Dubai External audits services in Dubai are a critical part of ensuring the financial health and compliance of businesses in Dubai. They can help to identify and correct errors, fraud, and other irregularities in financial statements. Additionally, external audits can help businesses to comply with applicable laws and regulations. The benefits
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