Revolutionizing Internal Audit: The Blueprint for Next-Gen Success Internal audit’s responsibility to safeguard and improve corporate value includes providing assurance. By offering objective, risk-based assurance and guidance, internal audit seeks
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Read our Blog posts and articles about UAE’s commerce and stay up to date. Explore the dynamic world of UAE commerce through our insightful blog posts. Stay updated on the latest trends, regulations, and business strategies that shape the commercial landscape in the United Arab Emirates. Whether you’re a seasoned entrepreneur or a budding business enthusiast, our blogs offer valuable insights into VAT compliance, industry-specific updates, and tips for navigating the thriving commerce sector in the UAE. Join us on a journey of knowledge and discovery as we delve into topics that impact businesses, foster growth, and contribute to the vibrant business ecosystem of the Emirates.
Dubai Customs’ Vigilant Efforts Against Smuggling and Counterfeiting Dubai Custom has consistently shown itself to be a very proactive organization within the Dubai Emirate. It is essential to the nation’s
May 17, 2024
Accounting for Crypto in Dubai
Accounting for Crypto in Dubai, UAE Since Cryptocurrency is not an equity or debt security, it cannot be treated under the same accounting rules as cash. Still, a lot of
May 17, 2024
Adjustments For Transitional Rules
Adjustments For Transitional Rules Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses and the Modifications Made Under the Transitional Rules, Ministerial Decision No. 120 of
May 16, 2024
IFRS and Accounting Standards
IFRS and Accounting Standards Differences Inventory Management The FIFO approach is used under IFRS. (reason: We do not adopt LIFO under IFRS (International Financial Reporting Standards) since it may represent
May 15, 2024
TECOM Group
TECOM Group Dubai Since 1999, TECOM Group has been creating strategic business areas that are targeted towards specific industries throughout the Dubai emirate. With its current standing, TECOM Group is
Abu Dhabi Global Market launches Mediation in the Metaverse The world’s first mediation service in the metaverse has been made available by the ADGM Arbitration Center, a cutting-edge arbitration and
May 14, 2024
Accounting Tips For Small Businesses
Accounting Tips For Small Businesses Keeping track of spending, accurately recording transactions, logging receipts, and balancing bank statements are all part of basic bookkeeping. A small business’s financial health can
Add New Activities to a UAE Trade License Expanding your UAE business? Adding new activities to your UAE trade license is easier than you think. This guide simplifies the process,
May 13, 2024
Ministerial Decision No. (265) of 2023
Ministerial Decision No. (265) of 2023 Regarding Activities That Qualify and Activities That Are Excluded Under Federal Decree-Law No. 47 of 2022 on the Taxation of Businesses and Corporations A