Jitendra Chartered Accountants Blog

The Role of Financial Reporting in Decision-Making

April 15, 2025

Corporations in the UAE make huge daily decisions, from budgets to expansion plans regarding massive projects. However, when decisions are made with little or no belief in the integrity of…

Financial Audit in UAE

March 12, 2025

Auditing

Companies in the UAE are exposed to growing financial regulations. As corporate tax has been introduced, financial audits have become more critical than ever. Several companies now have to file audited…

International Financial Reporting Standards (IFRS)

Understanding IFRS and Its Impact on Financial Reporting in UAE

March 10, 2025

IFRS

Companies in the UAE are under immense pressure to give clear and consistent financial reports due to recent hard and fast corporate tax regulations. With a mere accounting system, it is…

Understanding Different Types of Audits in UAE: Financial, Operational, and Compliance

March 6, 2025

Auditing

Running any business in the UAE is surrounded by financial responsibilities and legal obligations. Corporations must ensure that records are upright, the operations are smooth, and local regulations are fulfilled.…

The Importance of Internal Audits in Risk Management in the UAE

February 6, 2025

Auditing

Businesses in the United Arab Emirates are always at risk of losing money, incurring regulatory fines, and experiencing operational mishaps because of the dynamic market. It is hard to keep…

The Role of Auditors in Detecting and Preventing Fraud

February 3, 2025

Auditing

Fraud can cause irreparable damage to a business, leading to financial loss and long-term consequences. This is because it causes financial losses, destroys investor trust, and damages reputations. With social…

Consequences for Noncompliance with UBO Regulations in UAE

January 13, 2025

Anti-Money Laundering (AML)

The UAE has put anti-money laundering (AML) regulations in place that mandate businesses declare their Ultimate Beneficial Owner i.e. UBOs to the license-issuing authorities. Non-compliance puts businesses at the risk of facing…

How to Ensure Compliance with UBO Filing Requirements in the UAE?

January 6, 2025

Anti-Money Laundering (AML)

Companies operate in a highly regulated business environment in the United Arab Emirates. For all companies in UAE, one of the important requirements is meeting the Ultimate Beneficial Ownership (UBO) requirements.…

Understanding Anti-Money Laundering Laws in the UAE: Key Regulations Businesses Must Know

January 1, 2025

Anti-Money Laundering (AML)

The United Arab Emirates has a very strong framework of regulations when it comes to anti-money laundering (AML) and Combating the financing of terrorism (CFT) which is in line with the…

Key Procedures for Auditing Current Assets in UAE: A Comprehensive Guide

December 30, 2024

Auditing

Internal audits of current assets are the most significant process that should be carried out by a firm so that financial accuracy is retained. In case proper auditing measures are absent, errors…

Jitendra Chartered Accountants Blog

The Role of Financial Reporting in Decision-Making

Financial Audit in UAE

Understanding IFRS and Its Impact on Financial Reporting in UAE

Understanding Different Types of Audits in UAE: Financial, Operational, and Compliance

The Importance of Internal Audits in Risk Management in the UAE

The Role of Auditors in Detecting and Preventing Fraud

Consequences for Noncompliance with UBO Regulations in UAE

How to Ensure Compliance with UBO Filing Requirements in the UAE?

Understanding Anti-Money Laundering Laws in the UAE: Key Regulations Businesses Must Know

Key Procedures for Auditing Current Assets in UAE: A Comprehensive Guide

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