What is External Auditing and its scope and importance?
External Audit is an independent examination of the financial records maintained by the organisation done by an independent auditor (who is appointed by the shareholders of the company in the general meeting) and providing an opinion whether the financial statements give a true & fair view of the state of […]
What is Auditing and Why is it Important?
Auditing and Its Importance in an Organization Auditing is an independent examination of accounts which is done by professionally qualified auditors which are external to the organization. Auditors properly inspect the books of accounts and present their fair view without any biases or hidden agenda. An audit results in an […]
Is Your Business Customs Law Compliant and Prepared for a Customs Audit?
Customs Duty in the UAE Goods imported into a country are subject to customs tax or Customs Duty specified in the Customs tariff and are collected at the first point of entry. The customs duty rates on imported goods are fixed at Ad Valorem Terms, i.e the customs duty is […]