One of the most important aspects which have destroyed several brand images, while carrying out a Business audit, is the presence of fraud or criminal activity harboring inside an organization. Due to increasing volatility and competitiveness in business, some of the organizations diverge from the path of ethics and commit fraud or get involved in criminal…
By LEDGERS teamCompanies often process payroll themselves; however, carrying out the payroll within the firm is a sophisticated task as it involves:timely payment and accuracy of paychecks
Knowledge regarding the prevailing laws regarding the wages & salaries as well as keeping updates regularly the subsequent and
Adopting new technologies, apps needed to…
By LEDGERS teamThe question of “what do auditors offer?” is often asked when a business considers obtaining the services of audit firms in Dubai. Auditors often perform numerous procedures on different types of engagements that add value to their clients and address specific needs. These procedures range from asking questions, gathering information and examining accounting…
By LEDGERS teamSeveral tax changes have been implemented in the UAE in recent years to streamline and diversify its state revenue system while in line with international best practices.With the introduction of federal corporate tax in the UAE, the country aims to enhance its position further as a world-leading hub for businesses and investment while…
By LEDGERS TeamFor your business to stay afloat, it needs cash. One of the primary reasons businesses fail is that amidst targeting the profit and revenues, they forget to keep track of cash flow, for business owners. Sufficient funds are critical for equipping businesses for growth and managing operational expenses.Now, how can bookkeeping contribute…
By LEDGERS teamWithout historical data, forecasting and budgeting are challenging tasks. Poor financial records hinder the progress of the organisation when it comes to budgeting, planning and analysis. Bookkeeping is significant in business planning, making it smoother and more manageable. When the financial data is properly organised, extracting and budgeting the financial reports become simple.A…