23
Feb 24
Financial Accounting and Management Accounting
In this blog, we are highlighting the key differences between financial accounting and management accounting.
05
Jan 24
Financial Risk Management: Mitigating Financial Risks
Financial risk management is a fundamental practice that every business should follow. This blog gives key information on financial risks.
20
Oct 23
Maintaining Financial Records for Corporate Tax in the UAE
The new corporate tax regime in the UAE highlights various aspects of managing businesses. The imposition of corporate tax doesn’t only mean calculating and paying taxes. It has impacted the very nature of managing a business. One of the key aspects of this business management evolution is maintaining financial records…
28
Sep 23
Financial Forecasting and Budgeting in the UAE: 8 Key Tips
This blog discusses 8 essential tips for effective financial forecasting and budgeting in the UAE - vital for any business.
22
Sep 23
Green Accounting: An Introduction
Green accounting is a modern-day concept in the field of accounting. This blog discusses and provides an introduction to the topic.
13
Sep 23
Basic Accounting Guidelines for Startups: 7 Tips
Starting a new business? Don't worry about the accounting. This blog provides basic accounting guidelines for startups.
31
Aug 23
E-commerce Accounting in the UAE: A Guide
The UAE is an attractive home for countless e-commerce businesses. There has been rapid growth in the e-commerce sector in the last few years. With the thriving digital economy and rising tech-savvy population, there is a need for proper accounting to ensure compliance. Proper accounting will also lead to the…
25
Aug 23
Exploring Cloud Accounting: Advantages & Potential Risks
Cloud accounting is a modern approach to accounting. This blog discusses key benefits and risks of cloud accounting.
25
Jul 23
When Shall You Deregister for VAT in the UAE?
The UAE introduced VAT on January 1, 2018, with the standard rate set at 5%. A business must register for VAT if its taxable supplies and imports exceed AED 375,000 in a year. However, a business can also register for VAT on a voluntary basis. In this case, the taxable…
05
Jul 23
Managing Cash Flows in the UAE Volatile Economy: Tips
Cash is crucial for the survival of a business. Experts often comment that a business can survive even at a loss, but it cannot survive without cash. A business requires cash for almost everything, from the payment of salaries, taxes, suppliers, and so on. In a volatile economy like the…
