accountauditservicesdubai

  Business valuation is defined as the determination of the economic worth of a company. Businesses would be required to find the value of their business because of multiple reasons. Reasons can be any of the following:  Either the business owner would be selling his/her company  In the case of a share buyout transaction or adding shareholders  When potential investors ask for the business value before deciding to invest in the firm  At the time of merger or acquisition of a company  In certain tax-related situations  In the case of divorce proceedings   There are many methods used to determine business value. Some focus on the assets, some on market value, while some methods focus on the ROI (return on investment). It is on the business owner and the valuation professionals to select the best method for the company valuation. This depends on the business size, industry of operations, reason for valuation, and other factors.   Below...

N R Doshi and Partners is one of the top Internal Audit Firms in Dubai. We provide Internal Auditing service to improve efficiency and add value to operational aspects of an organization. Our Internal Audit Services in Dubai help companies streamline their way of working and achieve their business objectives. We take an objective look at their internal processes for risk management, internal control, and governance to improve the overall efficiency of them. Our Internal Auditors in Dubai have extensive internal auditing experience and have worked with businesses of all sizes and types. Internal Audit Firms in Dubai The business world is facing increased competition from online and offline ventures. Business formats have changed, and it has put extra pressure on the way business handles its internal processes like purchase, sales, inventory, and finance. To cope up with the outer change, one has to continually change internal processes to remain competitive, effective, and efficient. Mo...

  An external audit of companies in UAE is undertaken by independent auditors who express their opinion on financial statements prepared by an organization. It is also known as a statutory audit. Statutory auditors in their audit report opine if the financial statements represent the true & fair view of the state of affairs and profitability of an organization. It is advisable for businesses in UAE to avail external audit services. Companies avail external audit services as per the statutory requirements, and such auditors carry professional qualifications like CA, CPA, or ACCA. Statutory auditors maintain their independence, and they refrain from connecting with the organization under audit. Features of statutory audit services External audit services ensure the correctness and accuracy of the accounting records. Auditors make a critical examination of the accounting records and internal controls and apply auditing procedures to satisfy themselves as to the correctness and acc...

  The sole purpose of conducting an external audit is to make sure that the financial statements of the company express a true and fair view of its state of affairs and profitability.   Understanding an audit report   is essential for users of financial statements as they tend to make economic decisions based on it. In this article, we will uncover various techniques for understanding an audit report and know what to read behind the numbers to make sound economic decisions based on it. An independent auditor is appointed by the stakeholders so that he can carry out the audit in an unbiased manner.  The auditor goes through vouchers, books, ledgers, registers, cash flow statements, balance sheets, profit and loss statements, etc. to express his opinion on the financial statements. There are possibilities that there could be minor errors with no or minimum financial impact remaining undetected. However, fraud or material misstatements which affect the financial stateme...