23
Feb 24
Financial Accounting and Management Accounting
In this blog, we are highlighting the key differences between financial accounting and management accounting.
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…
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…
28
Mar 23
Smooth Financial Reporting Process: Key Considerations
The year’s end is the most critical time for an accounting professional. Why is it so? This is because it is the time to produce financial statements for the entire year. The three most common financial statements are the balance sheet, income statement, and cash flow statement. The process of…
13
Mar 23
Simplify Your Small Business Accounting System: Key Tips
Introduction: Running and growing a business are two of the most important concerns of a small business owner. As a result, it is critical for business owners to devote their valuable time to tasks that result in the enterprise’s smooth operation and growth. Small businesses must account for every transaction…
05
Nov 19
First year of VAT in the UAE 5 tips to safeguard your business from penalties
The introduction of Value-Added Tax (VAT) in the UAE is part of the government’s strategy to diversify its revenue source, secure its national fund for the improvement of public services, and to reduce its dependence on oil. The Federal Tax Authority (FTA) released a statement confirming that the number of…
05
Nov 19
Have you ever felt that you might have been wrongly penalised?
Have you ever felt that you might have been wrongly penalised? Are you not satisfied with the Federal Tax Authority (FTA) decision? If yes, then CREATIVE ZONE Tax & Accounting can help you file a reconsideration form to request a review of the FTA’s decision. Although FTA has multiple levels…
05
Nov 19
The ACCA Approved Employer Programme recognizes employers’ high standards of staff training and development
The ACCA Approved Employer Programme recognises employers’ high standards of staff training and development. You have proved your organisation is committed to ensuring ACCA students, affiliates and members have the right skills, ethics, and competencies to add value and drive the business forward. CZ Tax and Accounting FZ LLC has…
