Blog - Kgrnaudit.com

Importance of Audit and Accounting Standard

Posted on : 13 April, 2019

Importance of Audit and Accounting Standard in Private Companies Private companies dropping down on lease accounting standard. Around 40 percent of private companies are late plan on realizing the new lease accounting standard or haven’t started yet, even though the execution target is approaching, rendering to a new survey. The target for most private companies to accept the new standard and many of them launched the changeover project. The review, by the ...

VAT REFUND SCHEME EXPLAINED FOR UAE NATIONALS

Posted on : 06 April, 2019

All the businesses are required to file a VAT return outfitting the information of sales, purchases output VAT and input VAT paid amid the government expense period. Here, the output VAT is the sum which is gathered on deals and Input VAT is the sum which is paid to the provider towards buys/costs. The qualified info VAT sum will be permitted to be balanced with the output VAT sum. In ...

Period to hold online business community

Posted on : 30 March, 2019

The Federal Government would improve communicate to businesses the benefits of online services about to be executed nationally, according to the Chartered Accountants, in its pre-Budget submission out last month. Tax Leader held the Budget delivers the ideal stage for the Accountant to paint a representation of what an online business community will look like a few years from now. Business societies are set to understanding an arrival of emerging technologies and ...

Top Accounting Outrages in 2018

Posted on : 22 March, 2019

A summary of the cases of financial outrages, accounting fraud and corporate fraud which fascinated us last year and their consequences. Financial crises are as old as the financial industry itself, but the number of high-profile corporate collapses in 2018, associated with a threesome of major reviews into the audit industry, are engaging the issue of accounting outrages firmly in the spotlight. All are calculated to bring greater clearness to the ...

Top Seven Advantages you get from Outsourcing your Bookkeeping

Posted on : 16 August, 2016

But now, because of that great availability factor that the online world provides, it’s becoming more and more practical for companies to take this one step further. Instead of having in house bookkeeping services or doing it yourself, many businesses are finding the multitude of advantages outsourcing bookkeeping operations has. Here are the top seven benefits you can enjoy as well: More time Outsourcing your business’s bookkeeping operations frees up valuable time ...

The Many Hats KGRN Associates Wear

Posted on : 04 August, 2016

At KGRN Associates we are passionate about connecting with small businesses. We couldn’t have been more delighted when Dubai Chamber of Commerce in its yearly publication forecasted a 7.7 % expansion in the size of its retail market. With investors keen to benefit from the build up to EXPO 2020, the retail sales turnover is expected to surpass $ 52 billion. So you are a small business and you are rapidly ...

Selecting the Best Fit Online Accounting Software

Posted on : 20 April, 2016

An accounting software helps you to automate most of the routine tasks of your business and maintain a high degree of precision and time saving. Having a best fit software deployed justifies the costs involved and provide incredible RoI for your business in the long run. Our years of experience ay KGRN Accounting Associates have helped us identify the best online accounting software for different types of businesses. Read on ...