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Accounting Practices

The 5 Things You Need To Do In 2023 To Update Your Accounting Practices

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A company’s success depends on mastering its financial resources. While nearly every company must tightly control its assets, liabilities, revenue, and cash flow, these accounting processes are vital for small and medium-sized enterprises (SMEs) expanding with thin margins. When appropriately managed, financial accounting can keep business leaders on the pulse as they create budgets, monitor […]

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Audit Firms In Dubai

Accounting Estimates: How Do Auditors Evaluate Them?

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When audit companies in Dubai report their financial results, they are usually based on estimates prepared by management. Examples include provisions for bad debts, guarantee obligations, pending litigation costs, impairment of goodwill, and fair value of acquired intangible assets. How do auditors in Dubai assess whether the amounts for these items in the financial statements

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outsource payroll

Why It’s Beneficial To Outsource Payroll

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Payroll processing goes beyond collecting employee hours, calculating wages, and issuing paychecks. Payroll administrators must meet federal, state, and local requirements. Outsourcing payroll can help employers save time and money. Employers can focus on business growth initiatives by not having to spend hours on administrative tasks, and increased accuracy can avoid costly penalties. What is

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Internal Audit

The 6 Best Ways to Strengthen Your Internal Audit System

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Internal audit is an excellent quality management tool for evaluating and improving key business processes. They show what is working well and what needs improvement. Here are tips to help you conduct your next internal audit successfully. Internal audit plays a vital role in keeping an organization on track. The key to internal audit management

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auditing company in Dubai

The Six Most Important Factors To Consider When Choosing The Right Auditing Company In Dubai

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Every company registered in the United Arab Emirates must be audited following the laws of the United Arab Emirates to generate income. In addition, check record books, taxes due, refunds, and other financial or non-financial matters. There are various types of audits, such as internal audits, external audits, statutory audits, excise audits, financial audits, VAT

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Business Development

Business Development and Ethics: What Are The Benefits in 2023?

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Business ethics enforce the law by defining acceptable behavior not subject to government control. Auditing companies in Dubai build business ethics to promote the integrity of employees and gain the trust of key stakeholders such as investors and consumers. While corporate ethics programs have become popular, quality varies. What are business ethics?  Business ethics are

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B2B Ecommerce

The Importance and Implications of Systems Accounting in Business

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The word accounting is a ubiquitous word that we often hear in our daily life. Before diving into other aspects of accounting and why accounting is essential, let’s understand what it is. In layman’s terms, “accounting is the process of recording, summarizing, analyzing and recording the financial transactions of enterprises.” Accounting is one of the

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Uae Auditors

What UAE Auditors Do And Why You Should Know About Them

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Companies operating in Dubai, UAE, are required by law to be audited, which proves that the company is operating in compliance with commercial law standards, as auditors in Dubai play a vital role. Under the Commercial Companies Law, all mainland firms are mandated to have their financial statements audited. In addition, SMEs must keep financial

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Accounting Firms In 2023

Who Are The Big 7 Accounting Firms In 2023?

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Accounting and auditing are specialized fields, but auditing has a wider range than accounting because it requires a solid understanding of various acts, and taxation rules, knowledge of accounting and auditing standards, and communication skills. Apart from this, confidentiality, integrity, honesty, and independence are basic requirements that must be maintained when performing audit procedures. The

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ABOUT VVAS GLOBAL

VVAS Global was established in 2012 in Dubai, United Arab Emirates, and started its operations in Mozambique as Vista Vision Audit and Accounting Services Mozambique, Limitada under the same umbrella of leadership, experience, and expertise of the international market.
 

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