Financial Benchmarking and its Significance in Your Business
Having a robust business plan is not enough for you to take your small business in Dubai to the next level. You must know how your company performs against your…
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Significance of Customer Identification in AML Compliance
The UAE’s robust laws for Anti-Money Laundering and Combating Financing of Terrorism (AML-CFT) have yielded promising results in terms of countering money-laundering crimes. Virtual Assets Service Providers (VASPS), Financial Institutions…
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An Audit Firm’s Guidelines to Key Business Valuation Mistakes
Valuing a company is a complex and critical process, whether you’re considering a merger, acquisition, selling your business, admission or retirement or death of the partner or making investment decisions.…
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Key Considerations for Year-end Accounting For Your SME
The end of the financial year is a hectic time for business owners across the world, including in Dubai. Most entrepreneurs will be juggling end-of-year accounting procedures to ensure a…
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Adverse Media Screening as a Critical Component of AML-CFT
Screening for adverse media is a vital component of an organisation’s customer due diligence (CDD) programme. Businesses should not overlook the importance of adverse media screening as part of their…
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Accounts Payable and Your Business: Consider these Critical Insights
Staying on top of accounts payable is one of the top requirements to ensure the success of any business, especially startups and SMEs. Keeping a firm grip over your accounts…
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Key Parts of a Standard Unqualified Audit Report
At the end of an external audit, auditors in Dubai issue an audit report containing their opinion on whether the company’s financial statements comply with local and international standards and…
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Business Acquisitions: 8 Key Questions you Must ask
The path to a successful business acquisition is fraught with complexities that demand careful consideration and thorough analysis. As a prospective acquirer, asking the right questions is crucial to mitigating…
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Why Businesses Without Proper Accounting Systems Fail?
Accounting is the backbone of any successful business. It is the process of recording, summarizing, and analyzing financial transactions and activities. A robust accounting system provides vital insights into a…
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Hiring Accounting Firms in Dubai? Ask these questions
Small business owners should think about bringing in outside expertise when they are ready to take their business to the next level. Outsourcing your requirements to accounting firms in Dubai…
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