Difference Between an Accountant and a Financial Planner

Difference Between an Accountant and a Financial Planner : Which one you need? 

In today’s complex financial landscape, understanding the difference between an accountant and a financial planner is crucial for both individuals and businesses. These professionals offer distinct services and expertise, and choosing the right one can significantly impact your financial well-being. So, do you find yourself wondering, “Do I need an accountant or financial advisor?” If …

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Top Mistakes That Must Be Avoided While Building AML Compliance Framework

Top Mistakes That Must Be Avoided While Building AML Compliance Framework

In the United Arab Emirates (UAE), Anti-Money Laundering (AML) compliance is not just a regulatory requirement but a cornerstone for establishing a transparent and secure financial ecosystem. As the UAE intensifies its efforts to align with global financial standards, AML compliance has become a focal point for both governmental oversight and corporate responsibility. The nation’s …

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How Corporate Tax Will Affect your Business in the UAE

How Corporate Tax Will Affect your Business in the UAE? 

In the ever-evolving business landscape of Dubai, understanding the intricacies of corporate tax in UAE is not just a legal necessity but a cornerstone for sustainable growth. As one of the most business-friendly cities in the world, Dubai offers a plethora of opportunities. However, to truly capitalize on these opportunities, it’s crucial to grasp how …

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Accounting System Analysis

How Accounting System Analysis Can Boost Your Business Growth 

In today’s fast-paced business environment, every decision counts. From hiring the right talent to choosing the best marketing strategy, each choice can significantly impact your business’s growth trajectory. Among these crucial decisions is the implementation and analysis of an effective accounting system. But how exactly can accounting system analysis boost your business growth? Let’s dive …

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ICV Certification in the UA

Getting ICV Certification in the UAE: Everything You Need to Know

In the ever-evolving business landscape of Dubai, UAE, one constant remains: the importance of regulatory compliance. Among the many requirements for businesses operating in the UAE, obtaining a Tax Registration Number (TRN) stands out as a crucial step.  The TRN is a unique identifier, a certificate that every taxable individual or entity must possess as a testament …

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vat rules in UAE

VAT Rules in UAE: A Complete Roadmap for UAE Business Owners

Introduction to VAT Rules in UAE  Value-added tax (VAT) was introduced in the United Arab Emirates (UAE) in 2018 as part of the government’s efforts to diversify the economy and reduce reliance on oil revenue. The implementation of VAT in the UAE has had a significant impact on businesses, both big and small, operating in the country. …

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External Audit in UAE

What is an External Audit in UAE – differences it can make, types and benefits

External audits are an essential aspect of a company’s financial health check-up, just like how we all need to go to the doctor for regular check-ups to ensure we’re healthy and functioning optimally. But unlike a visit to the doctor, an external audit, maintaining bookkeeping, and balance sheets all at one time can be a …

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why internal audit is important

Significance of Internal Audit and 5 Major Internal Audit Challenges

The tradition of internal audit has been changed from traditional times to an advanced level. To understand the significance of internal audit, it’s essential to learn why internal audit is important. Well internal audits are important because an internal audit entails assessing your organisation’s internal controls. Moreover, the company’s accounting procedures and corporate governance. Audits …

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