TGS Koya

  The auditor reviews how the bookkeeping is done, how transactions are entered into the system, how financial transactions are reported, and how adequate and secure the internal controls are during a financial audit control. For effective management, it is performed by the  internal audit firms in Dubai   rather than the external auditors. It also makes sure that the resources and capacity that are available to the entity are utilized to the maximum by the entity. Following are the ways by which Financial Control Audit services will benefit the organization: It helps in identifying the Risk and also in mitigation policies.  It helps in implementing effective financial controls and also helps in improving the financial reporting as well as financial performance. It keeps a check on  financial planning, control procedures, and risk assessment It adheres to accounting and financial reporting standards. It is considered as Good resource management, as it helps in i...

  A comprehensive VAT service gives peace of mind as experienced VAT professionals will look after VAT affairs and transactions. Being an authorized and   best vat consultancy service in Dubai  they will deal with VAT affairs on our company’s behalf and help in reducing the burden of our business and allow the key officers and business owners in full control. Those companies who don’t have an accountant and have to support their existing Accounting Department for them an Experienced VAT agent service can be very beneficial for the branch of foreign entities as they would find it difficult dealing directly with the UAE VAT authorities. Scope of Work for VAT filing in UAE:  Preparing/reviewing VAT returns.  Preparation of your statistical declarations.  Preparation of a management report if there are noted exceptions to improve, control, and comply with the laws and regulations. Hence, The VAT return filing in the UAE and the Scope of work can be easily provi...

  Paying VAT on time is extremely important for both the company and the country. Some business owners tend to avoid this but in the long run, they end up losing more than they expected. It only takes a small percentage of monthly or yearly earnings for the company’s benefit so that they can get to enjoy the rest. If a company is not comfortable with doing tax calculations on their own, They can outsource it to some accountants for accuracy and thereby can avoid over taxation. However, to help and to avoid losing, it is advisable to consult the best   Accounting and Auditing Firms in Dubai  who are experts in providing the Services to handle the VAT payment schedule effectively. Following are some Roles and Responsibilities of VAT Consultant : VAT financial advisors help people with all tax-related issues. An individual who has a source of income has to file an income tax return concerning their income as well as saving. Depending on the income there are different slabs o...

  Before going ahead with an external Audit it is always important to do the internal audit of the company so that we can find out where things have gone wrong and to make necessary changes we have sufficient time.   Internal audit firms in Dubai   provide internal auditing which is an independent, objective assurance that consults an activity designed to add value and improve an organization’s operations. There are so many advantages of an internal audit, and the following are some situations when we realize that it is a good idea to get an internal audit for our business in the United Arab Emirates: 1. On a Regular basis:  Some people may consider it stupid or a waste of time but it provides a lot of benefits in a company if internal Auditing is done before. By doing so, we can find out where things have gone wrong and we have sufficient time to make necessary changes. 2. When there is a problem of money flow in the company:  The incoming and outgoing money fl...

  Internal audits are the process to evaluate a company’s internal controls, which includes its accounting processes and corporate governance. These audits help to maintain accurate and timely financial reporting and data collection and also ensure compliance with laws and regulations. Tgs Koya is considered one of the best  internal audit firms in Dubai. Mentioning below the process of Internal Auditing in Dubai, UAE : To improve the organization’s performance the process of Internal audit in Dubai, UAE is considered as one independent consulting activity that has been designed. To accomplish the predetermined objectives in business by setting up a systematic and disciplined approach the process of internal auditing in the UAE is being executed. To evaluate as well as to improve the efficiency of the operations the process of internal auditing is very helpful. Internal auditing for any company in Dubai increases the effectiveness of a company’s risk management, control, and g...

  Dubai holds global significance as a business hub and is also considered as one of the most popular cities amongst the 7 emirates of the UAE. There are amazing benefits of opening a company in Dubai. The Dubai Government has allowed various types of business setups from around the globe as they are confident that foreign business will benefit both sides. Many people consider   Offshore company formation in Dubai   as one of the best ways to start their global business in the UAE. Mentioning below the advantages of opening a company in Dubai : Ease of business setup:  As the technologies are evolving rapidly in Dubai so starting a business there is easier now. In Dubai, the process of company formation is very easy to follow and requires less paperwork. Recruitment of Employees:  The business sector covers 60% of Dubai’s GDP.So there are a lot of business employment opportunities provided by private companies to recruit employees. No Taxation:  One of the ...