Auditing in UAE is defined as a systematic and independent examination of data, statements, records, operations and performances (financial or otherwise) of an enterprise for a stated purpose. In any auditing the auditor perceives and recognizes the propositions before him for examination, collects evidence, evaluates the same and on this basis formulates his judgment which…
Management Audit in Dubai is the comprehensive examination of an enterprise to appraise its organizational structure, policies and procedures so as to ensure that a well defined management exists at all the levels of the organization. Analysis and assessment of competencies and capabilities of a company’s management is done to evaluate their effectiveness, especially with…
The accounting firms in Dubai are becoming a vital part of business process outsourcing industry. The accounting work is mainly spearheaded by chartered accountant firms in Dubai and certified public accountants in Dubai. With the new companies act which again brings about statutory enforcement in maintaining the books of accounts the role of these firms…
The management consulting firms in Dubai are providing wide varieties of services for the senior management of the organization. The financial consultants in Dubai are the most sought after among the consulting firms for their financial wizardry. There is no serious tax liability issue in UAE. There are various areas where financial expertise has to…
The demand for Due Diligence Audit in UAE is ever growing with the economy gaining strength each day. The investors lining up to invest in the country are very keen on ensuring that they do not acquire much risk, when they are putting their hard earned money into new business. The due diligence in Dubai…
Business set ups in UAE especially in Abu Dhabi – KIZAD, the Khalifa Industrial Zone Abu Dhabi is one of the world’s biggest industrial zones, which was started its operation during November 2010. KIZAD offers industries with new ways of conducting their business. It also offers incomparable prospects for them to grow in their core business sector….
Abu Dhabi Free zones are getting more priority among the foreign investors in UAE for their business set up. Establishing a business venture in one of the free zones in Abu Dhabi is an attractive option for foreign investors looking to tap into the huge potentials and excellent business environment offered by the Emirate. These…
Trade License in Dubai, UAE is issued by the department of economic development authority which permits the businessmen to do business in UAE. For certain categories of business, it needs approval from concerned ministries and other relevant authorities: For example, banks and other financial institutions must need permission from the central bank of the UAE,…
Internal control is the whole system of controls, financials or otherwise, established by the management in order to carry on the business of the enterprise in an orderly manner, safeguard its assets and secure as far as possible the accuracy and reliability of its records. The internal control system also includes the internal check and…
Auditors in DMCC Free Zone have got plenty of opportunities to support the society in DMCC. As per the free zone authority, all the registered companies in the free zone have to do annual audit in order to renew the trade license. If any registered company does not comply with the new rule, there will…
