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Blogs

Purpose of Internal Audit services

Purpose of Internal Audit services Interior Auditing is an unbiased assurance and consulting activity designed to add worth and also enhance an organization’s operations. It can help a company complete its critical purposes by bringing a methodical, disciplined approach to assessing and enhancing the performance of risk administration, control, and…
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REVISED VAT GUIDELINES IN THE UAE

REVISED VAT GUIDELINES IN THE UAE According to final VAT laws that have been introduced last month, VAT will be imposed all throughout the GCC countries at a rate of 5% on a variety of items, with certain items/segments being exempt from VAT such as fundamental consumer goods, education and…
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Excise Tax Facts

Tax obligation in UAE In November 2016, the GCC states collaborated to agree upon a usual excise tax law across the GCC participant countries. Under this agreement, each member state of the Gulf Cooperation Council will implement excise tax, as an indirect tax, on the import and production of excise…
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AI: The Future Of Accounting And Audit

Artificial intelligence has the potential to be a real game-changer for the expert solutions industry. It has two major functions, which are to utilize the power of computer systems to enhance human reasoning, and to use a computer’s power to understand exactly how people assume. Checking programmes for how they…
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Blockchain The Next Big Thing

The Future of Blockchain: Experts Predict the Next Big Use of a services company-incorporation-liquidation Blockchain Technology The majority of federal governments, services firms as well as services audit-assurance audit bodies around the world have spent their time to discover the opportunities supplied by blockchain innovation. The blockchain is an accounting…
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How to save tax by Business expenses

VAT IN UAE Every business has certain usual business expenses which are sustained on a day to day basis. With the introduction of VAT in UAE, certain types of costs are such that input tax obligation recuperation is not enabled on them. It is important for companies to identify these…
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