by Noorjahan S. Yargatti | May 16, 2020 | English Topics, Uncategorized
According this law, if any, business failed to follow the tax law, there will be penalties which is not less than 500 AED and no more than the value of the tax on the transaction in question. Below are some administrative penalties under VAT in UAE. Failure to...
by Noorjahan S. Yargatti | May 16, 2020 | English Topics, Uncategorized
VAT will be charged on the sales but the gifts with smaller value under 500 AED are VAT exempt. The limit here is 500 AED, and the following conditions apply to this exception. The goods supplied to recipients does not exceed AED 500. The AED 500 threshold is...
by Noorjahan S. Yargatti | May 10, 2020 | English Topics, Uncategorized
. It describes the company’s financial health and mark how a company is performing over time, while comparing a company to another within the same industry or sector. Financial ratios are often divided up into seven main categories. Liquidity ratio Solvency ratio...
by Noorjahan S. Yargatti | May 10, 2020 | English Topics, Uncategorized
because of that there is possibilities misuse of information or manipulation of numbers to boost perceptions of businesses or to implement earnings. To protect this accounting ethics is important. Ethical codes are the basic standards that an accounting professional...
by Noorjahan S. Yargatti | May 9, 2020 | English Topics, Uncategorized
IAS 34 doesn’t clarify that which business entity should prepare an Interim Financial Report. IAS 34 applies when an entity that uses IFRS standards issues an interim financial report in its annual financial statements stating compliance with IFRS requirements. IAS 34...
Recent Comments