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Learning Resources

Self-study material to learn at your own pace.

Accounting & VAT Resources

 

VAT & Tax Resources

 

VAT Profit Margin Scheme

VAT Profit Margin Scheme

VAT Profit Margin Scheme Under the Executive Regulations Title Five – Profit Margin Scheme Article 29, Accounting for Tax on the Margin, specific provisions have been established to enable VAT to be...

Auditing Resources

 

5 Reasons To Audit Your Financial Statements

5 Reasons To Audit Your Financial Statements

5 Reasons To Audit Your Financial Statements Internally prepared management accounts are often not relied upon by external parties or are mandated under the company’s articles of association. In addition, management may also want the accounts reviewed by an external party to assess the accuracy of internal accounts. As result an audit is necessary. A financial audit can be defined as an official evaluation of an organization’s financial...

Internal Audits – Why They Work

Internal Audits – Why They Work

Internal Audits - Why They Work?mor As a business owner managing all the many aspects of your business is a complex and time-consuming process.  It can be difficult to remain fully informed on all the details. It is natural to rely on your company processes, system and people to manage day to day operations. However all too often a business will experience surprises where inadequate internal controls and policies report unreliable business...

A Guide to Liquidation of Companies

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. debtors, employees, Government entities). In this guide, we take a closer look at liquidation to detail what it entails and how to proceed. What You Need to Know About Liquidation of Companies What exactly...

AML Compliance Resources

 

UAE Anti-Money Laundering Legislation – What You Should Know

UAE Anti-Money Laundering Legislation – What You Should Know

UAE Anti-Money Laundering Legislation – What You Should KnowThe Anti-Money Laundering regulations governed by the MoF and enacted under Legislation Federal Decree by Law No. (20) of 2018 on Anti Money Laundering and Combating the Financing of Terrorism and Illegal Organizations and Cabinet Decision No. (10) of 2019 Concerning the Implementing regulation of decree-law no. (20) of 2018 on anti- money laundering and combating the financing of...

Ministry Of Economy goAML Registration Due By 31st March 2021

Ministry Of Economy goAML Registration Due By 31st March 2021

Ministry Of Economy goAML Registration Due By 31st March 2021 The UAE's Ministry of Economy has extended the grace period for the targeted establishments to register until March 31, 2021. This initiative is governed by the MoF under the enacted Legislation Federal Decree by Law No. (20) of 2018 on Anti Money Laundering and Combating the Financing of Terrorism and Illegal Organizations and Cabinet Decision No. (10) of 2019 Concerning the...

Software Solutions Resources

 

Implementing an ERP – What must you consider?

Implementing an ERP – What must you consider?

Implementing an ERP- What must you consider?As your business grows, efficiently managing operations at lower cost and control of resources becomes a challenge. Most businesses turn to implement an Enterprise Resource Management. They aim to integrate the company’s processes to better manage their...

HR & Payroll Resources

 

Is Outsourcing Your HR a Good Option?

Is Outsourcing Your HR a Good Option?

Is Outsourcing Your Business A Good Option?  Successful companies are constantly searching for more efficient and cost-effective measures to better run their internal business operations. Some companies build in-house expertise and resources to implement strong...

Economic Substance Regulations

 

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