by Abdelhamid Mohamed | Mar 18, 2023 | English Topics, Uncategorized
The Administrative penalties for acts committed in violation of the provisions of Federal Decree-Law No. (32) of 2021 – The case of Limited Liability Companies in UAE Article abstract There are many administrative penalties that will be applied starting from...
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 Rafaqat Ali Khan | May 13, 2020 | English Topics, Uncategorized
Adjusting events are the events providing evidence of conditions existing at the end of reporting period. While Non-Adjusting events provide evidence of conditions existing after the end of reporting period. Moreover, management should not prepare the financial...
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...
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