28
June
What Effects Will the New Value Added Tax Have?
The Value Added Tax will take effect in the United Arab Emirates beginning January 1, 2018. A flat 5% tax will be levied on many consumer goods while some sectors...
26
June
Accounting Challenges Facing Modern-day Businesses
With the massive change in technology, we have experienced marvellous growth in the accounting industry over the past few years. Businesses are facing challenges to keep up with these changes....
12
June
What Is a Cash Flow Analysis, and Why Is it Important to Your Business?
The cash flow statement is a very important tool for a business entity, utilized to measure the inflows of cash from operations and investments against the cash outlays. It should...
05
June
The Consequences of Non-compliance of VAT Laws
Amidst the speculation concerning the possible increases in prices and the cost of living when the new Value Added Tax takes effect on January 1, 2018, changes in reporting practices...
31
May
The Importance of Synergy Between Finance and HR departments
Your HR team and your finance team might seem as though they couldn't be further apart--but the truth is, synergy between these two departments might be one of the most...
29
May
How The UAE’s New VAT Law Will Impact Freelancers And Unregistered Businesses
The UAE's widely anticipated VAT law has come into effect on January 1, 2018. The tax rate is pegged at a modest 5%. Officials are hopeful that the new law...
24
May
Benefits of Automating your Accounting Process
Nothing is more important for a business than having a strong accounting department and function. Unfortunately, accounting regulations have continued to make this role more challenging. For many, a better...
