Top Audit Firms in Saudi Arabia (2021)
Audit firms operating in Saudi Arabia play a vital role in understanding the financial aspect of the business. They help in elaborating and highlighting the key strengths and opportunities...
Continue ReadingAudit firms operating in Saudi Arabia play a vital role in understanding the financial aspect of the business. They help in elaborating and highlighting the key strengths and opportunities...
Continue ReadingAccountants and auditors are the professionals who administer and handle the financial affairs of the company. Accountants are employees of the company, managing the routine financial transactions and activities...
Continue ReadingAuditing is performed to verify the company’s financial statements, examine internal business processes, and ensure that all regulatory requirements are fulfilled. The auditing process can be applied to an...
Continue ReadingAccording to law, the Ministry of Commerce and Industry (MCI) in consultation and coordination with the Kuwait Association of Accountants and Auditors (KAAA), is the accounting standard-setter for all...
Continue ReadingAuditing is equally essential be it a small company or a start-up or a large multinational organization. The importance of auditing cannot be denied since it supports the company...
Continue ReadingValue Added Tax (VAT) is a consumption-based tax levied on goods and services. VAT is an indirect tax that is a substantial source of revenue for world economies. The...
Continue ReadingTax Return shall be filed by the Taxable Person to the Authority within 30 days following the end of the Tax Period, and this return shall specifically include the...
Continue ReadingTax disputes occur when the taxable person is not satisfied by the decision of the authority. The law provides an opportunity for the taxable person to file an objection...
Continue ReadingPunishments are penalties and imprisonment imposed on a taxable for violation of the Oman VAT law. Without prejudice to any severer penalty stipulated in any other law. What is...
Continue ReadingIn Dubai, while engaging to an auditor for the need of your business, you will hear many auditing terminologies frequently and therefore you need to take a look...
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