To gain a better understanding of the financial position of a company, it is important to evaluate the effectiveness of its business practices. To improve the company’s financial position, it …
Internal audit in retail industry can be a great way to ensure industry standards and streamline your business processes. This helps retailers protect themselves from market shocks and helps identify and …
The guidelines for capitalizing borrowing costs in IAS 23 and US GAAP relate closely at an extreme level. But, there are still noticeable differences that Audit firms in Dubai and …
A contract’s performing party must show the entity in their statement of financial position. It can be either a contract asset or a liability. This depends on the relationship between …
The UAE is also known as the Investment Gateway to Northern Africa and the Middle East. The UAE is home to many companies that serve the North African and Arab …
We study the past to avoid making the same mistakes again. Sometimes an event can be so unique and powerful – sometimes in a negative way – that it provides …
In this article, we shares some incredible tips. These formulas can help audit firms in Dubai to speed up IFRS accounting processes, especially when handling complex calculations. Lets get started, …
In this guide, we explain the fundamentals of EPS and share the exact EPS implications for various types. Warrants, options and equivalents are all financial tools that allows to have …
Internal audit is sometimes called ‘management control’ in its most basic understanding. Internal audit is a process of an independent, systematic review and consulting that helps ensure that the organization’s …
It seems like every new food safety regulation comes with a new set of time-consuming internal audit of restaurant compliances. Many restaurants in Dubai and UAE realize they cannot afford …