Will you go high by knowing your business valuations based on the stochastic model?

Will you go high by knowing your business valuations based on the stochastic model?

As an opportunity for Medium-Sized Enterprise, you can choose to do formal valuations for your business ventures, projects, segments, or the whole corporation. Won’t you prefer the most robust basis for your business valuations? AM Audit is a versatile consulting firm, having the expertise of the most robust basis of valuation modeling, namely the stochastic […]

Diversifying your business? Keep these factors in mind

Diversifying your business? Keep these factors in mind

The effect of the coronavirus on companies has made us aware of the value of diversification. If a specific good or service suffers from a pandemic, you already have some to rely on, and which indeed decreases the risk factor. One needs to weigh specific considerations before continuing with the diversification strategy; 1. Financial sense […]

HOW TO FIND A TAX ADVISOR SUITABLE FOR YOUR BUSINESS?

HOW TO FIND A TAX ADVISOR SUITABLE FOR YOUR BUSINESS

Tax time is both challenging and exciting for every company. The corporation’s annual tax return gives useful information into sales and spending and yearly progress. The tax advisor is an accounting specialist who specializes in complicated tax code and uses this experience to help taxpayers reduce their tax burden. Let us start with details about […]

How to Pay off Your Business Debt, Quickly

How to Pay off Your Business Debt, Quickly

Are you continually juggling as a business owner with things like boosting your company and paying off your business debts? You may have taken a business loan to launch a product or expand your business, sometimes having to handle a lot on your plate might have escalated to business debt.  Although sometimes you can have […]

Dubai’s E-commerce sector leaves endless open opportunities for entrepreneurs

dubais-e-commerce-sector-leaves-endless-open-opportunities-for-entrepreneurs

Customers today can get their hands on a wide variety of consumer products and services, all available with a tap, click or swipe, as the e-commerce industry gains traction regionally and internationally. Since the Covid-19 pandemic is stuck globally, people spend more time surfing the internet and leisurely shopping! It’s the perfect time for your e-commerce […]

Businesses Arisen due to COVID-19

Businesses Arisen due to COVID-19

From education and entertainment to telemedicine and telecommunications, all now have a more significant role to play than ever before. COVID-19 has had a remarkable impact not only on health and humanity but also on the global economic system. The drastic shift in consumer behaviour has created an eternal ripple impact on corporations from all […]

21st Century CEO’s Approach

21st Century CEO’s Approach

“A business is a living organism. There will always be a point where the environment changes, the competition changes, something critical changes, and you must realize this and take the leading role in meeting change.”  – Edzard Reuter, CEO of automaker Daimler-Benz There is no lack of schools for businessmen of any kind: accountants, engineers, financiers, […]

BOOST YOUR BUSINESS WITH E-INVOICING!

BOOST YOUR BUSINESS WITH E-INVOICING!

Digitally transform your world and your back-office operations and stay compliant. Here is why you should choose Zoho e-invoicing. Easy e-invoicing It may seem like a daunting task to adapt to a new system, but Zoho’s e-invoicing is easy. According to the e-invoicing schema, Zoho helps you build mandated documents such as invoices, credit notes, […]

CFO services in UAE

CFO services in UAE

All you need to know about CFOs in UAE and the benefits of having a CFO Today’s CFOs require in-depth knowledge of 4 key regions: method development, controls, operational control, and improvements. In nowadays dynamic and robust enterprise environment, CFO plays a crucial and strategic position in lots of methods for any business. Most corporations and especially […]

Learning’s from the fall of a Wall Street Darling: Enron

Learning’s from the fall of a Wall Street Darling: Enron

Enron, was an American seventh largest of its time company, bankrupt in 2001, destroyed more than $60 billion of shareholders value, more than 5,000 employees fired just after bankruptcy declared. More than 20,000 employees lost their billion dollars in the pension plans, its stock saw a decline from a high of $90.75 to a low […]

Indirect Tax Rates Around The World

Indirect Tax Rates Around The World

Indirect taxes are taxes that are added to the final price for goods or services. They are established and implemented by the municipal, county, state or federal government. These government entities decide on a regular basis whether to raise, lower or eliminate these taxes. Indirect taxes are also sometimes referred to as sin or expenditure taxes. […]

Financial Analysis

Financial Analysis

Financial analysis is like ECG to your business. It tells you how good your company is (Balance sheet), determines the current company’s operational performances (profit and loss statements), and analyzes the durability of the company (cash flow statement). Primarily its use is to figure out the benefit of an asset for trade or investment. It […]

New Year Business Financial Resolution

New Year Business Financial Resolution

Be financially ready for the new year. Forget joining the gym, giving up smoking, or taking up meditation; we have some hints and tips for business owners that will set you up for a more prosperous 2023. One of the traps business owners can fall into is believing that having a great product or service […]

Bad Debt in UAE

Bad Debt in UAE

A particular stipulation is made by the UAE VAT law to write off and discount of output tax paid on a supply for which there has been no consideration received from the supply date. For a supplier to be able to write off bad debt and claim back the output tax, certain conditions need to be met. […]

How Businesses Need To Respond To Covid-19 Amidst The Crisis

How Businesses Need To Respond To Covid-19 Amidst The Crisis

The UAE Business fraternity has welcomed measures to partially reopen offices. With the Dubai Economy laying out a set of safety guidelines for the same, the business world is slowly back to partial resumption.For a number of businesses, likely government measures to minimize public health risk may result in a marked decline in demand for products or […]

Economic substance Regulation and its implications in UAE

Economic substance Regulation and its implications in UAE

BACKGROUND OF ESR Why has the UAE introduced Economic Substance Regulations (ESR)? UAE introduced Economic Substance Regulations (‘ESR’) under its commitment as a member of the Organization of Economic Cooperation and Development (‘OECD’)’s Framework on Base Erosion and Profit Shifting (‘BEPS’). To this effect, the Cabinet Decision 31 of 2019 was introduced with the UAE Govt formally […]

Artificial Intelligence for Financial Services

Artificial Intelligence for Financial Services

As global technology has developed over the years, we have switched from television to the internet, and today we are integrating Artificial Intelligence seamlessly and steadily. It has become incredibly popular amongst large companies today due to the amount of information those companies are managing. An increase in the demand for information the data patterns […]

A Guide to LLC trade license cancellation in UAE

A Guide to LLC trade license cancellation in UAE

For whatever reason that you deem it possible for your LLC to halt its operations in the UAE, it is imperative that you cancel all your permits and licenses that pertain to the business. According to articles 306 and 326 of the UAE’s federal law No.2 of 2015, the closure of your business can be […]

Problems and Solutions in Purchase the Department of a Hotel

Problems and Solutions in Purchase the Department of a Hotel

The procurement department plays different roles in different organizations. These roles can be procuring, acquisitions, relations building, corporate social responsibility or customer service.  Though, when it comes to the hotelier industry, the role of the procurement department intertwines with nearly all aspects of the hotel. It goes with all of the roles we highlighted above […]

Growth Tips for Small Businesses in the UAE

Growth Tips for Small Businesses in the UAE

UAE has emerged for international investors as a growth-packed economic powerhouse. The site is the greatest platform for all types of company investment strategies. In reality, the e-tailing trail in Dubai is established by new players. Due to online exposure, you may simply invest in the small business for sale in Dubai or create your own […]

Online Marketplaces Operating in the GCC

Online Marketplaces Operating in the GCC

When suppliers agree to let an online marketplace market and sell their products or services on their behalf, the electronic marketplace—also known as a “digital platform” or “intermediary”—acts as an agent or a facilitator of the transaction. The idea of the internet marketplace is not well understood and is one that will probably change over […]

The Resilience of the Corporate Structure

The Resilience of the Corporate Structure

While the crises pushed us to delve into the way we head our business- it stimulates us to go beyond recovery and flourishment- to build new business and resilience structures. What wrong are we doing? Crises sometimes act as a catalyst for change as it also opens up new opportunities for how we thrive to […]

Top Notch Tax Auditing Services – Clutch Review

Top Notch Tax Auditing Services – Clutch Review

Whether you are a small business or a complex organization, keeping track of your financial activities can be a formidable task. At AM Audit, we’ve been rendering our clientele some of the most effective, value-adding, top-notch auditing, accounting, taxation, and business consulting services. Our clients consist largely of large enterprises and SMEs carrying out their […]

Capital Asset and Profit Margin Schemes

Capital Asset and Profit Margin Schemes

Capital assets are commercial assets for long-term usage. These are not intended for sale during the operation of the company but are utilized or consumed in the company. For example, if a firm buys a computer to use in its office, it is a capital asset, but it is deemed to be an inventory if […]

CFO Priorities in 2023

CFO Priorities in 2023

Today’s CFO Priorities must consider adding value to the company and play a more constructive part in the company operations. There is a need to boost efficiency and profitability by cutting costs where necessary and look for new revenue-generating strategies. One of the most important lessons for all executives to take away from the agitated previous year […]

The Building Blocks of Financial Effectiveness

The Building Blocks of Financial Effectiveness

WHY do we need Financial effectiveness? Pursue zero Failures in Performing financial Activities The meaning of financial effectiveness is to achieve financial objectives and avoid failures successfully. So failures are indicators of ineffectiveness…! Business defines financial objectives, which are primarily the responsibility of the finance department of a business. So the first and foremost thing for […]

Optimize your Net Working Capital

Optimize your Net Working Capital

The thought that a company ( Net working )with sufficient assets and adequate profitability would have a satisfactory liquidity position may be illusionary.  Businesses often fail to utilize the Net Working Capital (NWC) efficiently. Management teams typically prioritize the profit and loss (P&L) statement above the balance sheet, and relatively few companies manage their liquidity […]

How to start an import business in Dubai, Abu Dhabi, and other parts of the UAE?

How to start an import business in Dubai, Abu Dhabi, and other parts of the UAE?

The UAE has one of the biggest economies in the Middle East. Over time, it has developed from a primarily dependent on oil exports to one that has completely utilized its strategic geographic location and diversified to become recognized as a global centre for trade, transportation, and logistics. Through establishing specified free trade zones with […]

Bitcoin on your Balance sheet?

Bitcoin on your Balance sheet?

In recent months, large companies ranging from Tesla Inc. to MicroStrategy Inc. have exchanged billions of dollars in cash for bitcoin. However, a number of roadblocks remain in the way of a broader pattern of large corporations keeping bitcoin, ranging from the cryptocurrency’s unpredictability to reputational risk, financial executives, and accountants. Here the main plot: […]