SKILL UP YOUR ACCOUNTING DEPARTMENT
As with a promising leadership position, managing the accounting team requires more than technical know-how; a good amount of empathy and compassion to always grow should also be included in the equation. It is vital for the CFO and accounting managers to work closely together to lead their team to achieve the organizational objectives at […]
Bookkeeping: Why does it matter?
Bookkeeping is vital for maintaining accurate financial records. Yet still, several organizations fail to implement this necessary process. Besides the fact you are required under the UAE law to retain your books of records for 5 years, doing this will also help you in business enhancement. Bookkeeping is the art of recording your financial facts so that […]
Which accounting software is best in UAE?
As the saying goes, “You ask the wrong question – You get a wrong answer”. And that is certainly implied in everything we say or everything we want to know. So, are you sure you are asking the right question when you tell which is the right or the best accounting software for your business? […]
Is your Accounting conforming with the Accounting laws?
Article 26 of Federal Law no. 2 of 2015 states, ”Every company shall keep accounting records showing its transactions to accurately reveal at any time the financial position of the company and enabling the partners or shareholders to confirm that the accounts of the company are properly kept in accordance with the provisions of this […]
Bookkeeping for freelancers in UAE
Any freelancer or solopreneur requires a comprehensive plan to achieve their financial goals, including accurate record keeping, increased profitability, and tax compliance. You, too, will profit from hiring an accounting firm to help organize your finances, regardless of the scale of your start-up. If you want to increase your work chances in the future, you […]
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, […]
Understanding Due Diligence Report
Introduction The topic of financial due diligence is incredibly vast, and each role of financial due diligence varies from acquisition to acquisition. It is necessary to note that financial due diligence is not necessarily an audit because it has a more significant amount of scope. At the old financial results of an organization, a due diligence evaluation […]