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Audit Report

In An Audit Report, What Are The Seven Parts?

Essential thinking about auditing has become an important aspect of modern business practice, with financial fraud statistics increasing by around 49%. Audits help determine the accuracy of a business’s financial reporting and point out gaps in financial matters. An audit essentially provides a “fact-checking” analysis of a company’s financial records. Auditing is an important aspect […]

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External Auditors and Internal Auditors

What are the Benefits of Appointing External Auditors and Internal Auditors?

Stop assuming that audit is a painful and exhausting interrogation to uncover real or imagined crimes. But this misleading impression ignores the fundamental part internal and external auditors recreate in the business world. These two types of scrutiny are necessary for our capital markets to have integrity, and businesses will operate less efficiently. Auditing in

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Import-Export License

Import-Export License: How to Apply for A Customs Code

The UAE is the world’s major trade and business center, linking Asia and Europe. Strategically located between two major markets, the UAE is an ideal transit point for companies conducting global trade. UAE import and export licenses are foreign investors’ most requested license categories. The UAE import and export license fee is AED 24,683 on

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General Trading Company In The UAE

Starting A General Trading Company in the UAE: Steps to Follow

Many entrepreneurs start businesses in Dubai due to the favorable business environment and government support. In addition, the emirate is one of the ideal places to start a new business because of its ease of doing business in emerging markets and the high demand for commodities. However, you must have a valid license from the

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Audit Firm

What is an Audit Firm?

An audit is a check of financial statements in an organization’s annual report by a person independent of the organization. Financial reports include a balance sheet, income statement, notice of changes in equity, statement of cash flows, and notes, which include an overview of essential accounting policies and other explanatory notes. The primary audit objective

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