Accounting Resources
Self-study material to learn accounting tips at your own pace.
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The Top 5 Issues Outsourcing Your Accounting Will Solve
The Top 5 Issues Outsourcing Your Accounting Will Solve Comprehensive financial reporting & financial management is essential for any business. As a small business, start-up, or entrepreneur, you may find challenges in managing your financial...
Could Outsourcing Reduce Your Costs?
Could Outsourcing Reduce Your Costs? Emerging from the Covid-19 lockdown presents a number of challenges for any business especially with the highly unpredictable pace of any economic recovery. Economic forecasts vary and it is unclear...
Avoid These Accounting Platform Implementation Mistakes
Avoid These Accounting Platform Implementation MistakesImplementing an accounting platform is the most effective way to simplify your accounting policies and procedures. A well-structured, functional system and planned implementation can streamline...
Manual Vs Systemised Financial Reporting
Manual vs Systemised Financial Reporting Not too long ago, manual financial reporting was the only choice businesses had to keep their finances in order. Today, advancements in technology have helped to simplify the entire accounting process. Many...
A Guide to Liquidation of Companies
A Guide To Liquidation Of Companies When any business can no longer afford to operate, liquidation is a formal process done by an approved firm to ensure the business meets its obligations to shareholders and other stakeholders (e.g....
Making the right decision for your outsourced Accounting & VAT Partner?
Making the right decision for your outsource Accounting & VAT Partner s For any start-up, small or medium-sized company, outsourcing your accounting & VAT to an experienced and qualified partner is a credible option, especially if you want...
Start Ups In The UAE – Why You Need CFO-IN-A-BOX?
Start Ups In The UAE Why You Need CFO-In-a-BOX The UAE is the preferred and burgeoning regional destination for start-ups and small businesses. As a small business, start-up, or entrepreneur, you may find challenges in managing your...
5 Proven Cost Management Strategies for Business
5 Proven Cost Management Strategies for BusinessBusiness can be tough, especially when market demand slows and competition is intense. During these times businesses should pay closer attention to costs. Ask yourself “how much sales do we need to...
Your Cashflow, Your Company’s Future.
Your Cashflow, Your Company’s Future. Your Cashflow, Your Company’s Future. Many SMEs, especially those who are just starting a business, often overlook the management of cash coming in and out of their business. It is a common error thinking that...
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Whitepapers
Accounting & VAT Outsourcing
For some companies, outsourcing their accounting and VAT has proved to be a good decision to manage their financial management & compliance obligations at a lower total cost of ownership than inhouse recruitment.
For others it has proved to be a bad experience that leads to frustrations resulting in poor financial reporting, compliance risks and time wasted.
Implementing Accounting Software
The Executive Regulations entail greater discipline to record your sales and purchases accurately to file accurate returns and support the provision of financial statements if requested by the Federal Tax Authority. These legal obligations may be at the forefront of your decision to adopt a platform, in this paper we discuss the key tips to help you implement a successful approach.
Impact of Mismanaged Finances
For any business, good financial management is the foundation to reaching profitability. But as a start-up or small business, your first thought inevitably goes towards growing the top line and this emphasis can lead to major issues later if you under invest in your financial management framework.
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Case Studies
Salon – Controlling Cash Process
A salon owner operated several branches across the UAE providing ladies cosmetic and beauty services.
Restaurant Case Study – Improving Service & Performance
For a local restaurant business owner, controlling their operations remotely had always proved to be a challenge. They had employed a manager to run
daily operations, but accurate and timely reporting was a challenge with the owner receiving excel
reports for limited information.
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