Types of Internal Audit and Process
The process of continuous evaluation of activities and documents of an organization by dedicated assigned staff is called Internal audit. It is an important component of corporate governance in organizations. …
Umapathy Anuruthan
IAS 26 - Accounting and Reporting by Retirement Benefit Plans
The most important Global Accounting Standard is IAS 26. It defines several rules for accounting and reporting by retirement benefit plans. It also outlines the principles for disclosing and measuring …
Fraud Investigation Audit in Dubai, UAE
Corporate fraud has many negative economic effects on businesses. It involves harm to the business’s reputation, a decline in investors’ confidence, higher finance charges, and a decline in the corporation’s …
Auditing Service for Freezone Companies in Dubai (UAE)
Free zones in the UAE are popular among global companies due to their unique tenfold benefits. These benefits contain tax benefits and fast incorporation at low costs as compared to …
IFRS 15 Audit | Summary, Compliance and Impact
IFRS 15, be that it’s a revenue recognition standard, affects all Dubai & UAE businesses into contracts with clients to transfer goods/services – private, public, and non-profit organizations. Through reliable …
5 Reasons for Conducting an External Audit in UAE
For financial statements to be applicable, important decision-makers need to be able to analyze and interpret the statements. The externally audited financial statements help managers and investors evaluate an organization’s …
