Companies in UAE are required to submit audited financial statements to renew licenses, especially in the free zones. Banks need an audited financial statement to… Read More »What is the importance of Internal & external audit of a company?
Establishing a business is not easy. It requires extensive planning, investment, and analysis. However, maintaining and flourishing a business is even more critical. Business owners… Read More »Business Process Re-Engineering (BPR) – Definition, Steps, and Benefits
What is an internal audit? As stated in the IIA concept of internal auditing, the role—and hence the objective—of the operation should be an independent,… Read More »How to evaluate the success of an internal audit
In the wake of the novel corona virus, countries had to redefine their ways and operations to effectively deal with the pandemic. Many changes and… Read More »Zero-Rating Certain Medical Equipment – FTA Issue Vat Clarification
Cabinet Resolution No. (58) of 2020 regulating Beneficial Owner Procedures (the “Resolution”) came into effect on 28 August 2020 and replaced Cabinet Resolution No. 34… Read More »Cabinet Resolution No. (58) of 2020 regulating Beneficial Owner Procedures
