TGS Koya

  The information gathered for an audit of a company’s financial transactions, internal control processes, and other elements required for an auditor or certified public accountant to certify financial statements is known as auditing evidence. The amount and kind of auditing evidence evaluated vary greatly depending on the type of company being audited and the audit’s needed scope. In other words, the information gathered by an auditor to determine the correctness and conformity of a company’s financial statements is known as auditing evidence. The auditing evidence is intended to substantiate the company’s assertions in the financial statements, as well as their compliance with the accounting regulations of their legal jurisdiction. Bank accounts, management accounts, payrolls, bank statements, invoices, and receipts are examples of auditing evidence. Sufficient, dependable, presented from a credible source, and relevant to the audit at hand are all qualities of good auditing evid...

  The world has swiftly advanced over the last decade, and most worldwide firms and entrepreneurs now have compliance and transparency as permanent companions. Even ‘flexible’ laws and processes have been compelled to adapt their ways. Legal tax planning, on the other hand, continues to have a sizable business. Multinational corporations turn to specific geographies for tax-efficient solutions that will help them plan their taxes while being legally compliant with local and international legislation. They hire the best  chartered accountant firms in Dubai  for their organization. The UAE, and particularly Dubai, has established itself as a credible choice for offshore tax planning. It has swiftly risen in the eyes of global enterprises due to its political stability and ease of conducting business. There are a number of  offshore company formation in Dubai . The UAE offers a variety of tax-efficient solutions and incentives through a number of business-friendly free ...

  Cyber-attacks cost businesses billions of dollars every year all around the world. Cybersecurity issues are no longer limited to huge corporations and financial institutions. Small and medium businesses that use the internet and e-commerce are equally vulnerable to the current cyber threats. Internal audit firms in Dubai, Abu Dhabi, and Sharjah, UAE, have generally focused on financial reporting and monitoring accuracy. Internal auditor’s scope and problems in evaluating cybersecurity risks and reporting the business’s performance to reduce such risks are growing. Basically Internal auditing in Dubai, UAE is a method that aims to enhance an organization’s operations by going through the management process that is used there. Internal auditing improves the design of an organization’s internal operations, making them more methodical and disciplined, as well as ensuring that the governance and risk management processes are successful. Internal auditing is the job of experienced and ...

  If an entrepreneur is running a business in Dubai then accounting functions can’t be ignored. Accounting is considered as a lifesaver for a business in both the situations if he is building an in-house accounting team or if an entrepreneur is outsourcing the process to   chartered accountant firms in Dubai. Following are the various types of accounting in Dubai : 1. Financial Accounting:  It is basically an accounting process that is mostly done by accountants. Financial Accounting is a process of keeping a track of a company’s financial transactions. All the financial reports are produced by the accountants by using specific procedures by local or globally accepted accounting standards. 2. Accounting Management:  Managers use accounting information in decision making and also assist in the management . They also use statistical tools and techniques to present data that help in decision-making. 3. Tax Accounting:  Tax Accounting refers to determining a company...

  In general, the VAT tax Consultant is responsible for managing  VAT liabilities, and as well as they inform us about the VAT implications of some specific transactions too. What type of jobs a tax consultant does or should do depends on what services we have contracted with him/her. Tgs Koya is known for providing the  best vat consultancy services in Dubai . Some General Responsibilities of a VAT tax consultant are as follows : They Ensure VAT Compliance with proper Reporting. VAT Consultant also Ensures the minimization of the VAT liability. They also help in Identifying Risks and opportunities with Due Diligence Tax Planning. VAT Consultant also Liaising with HMRC for all audits, inquiries, and documentation. They help in Managing all month-end processes on time. They also take care of all relevant deadlines so that we can focus on our primary business. Eligibility, Qualities & Skills of a VAT Consultant : Experience : VAT is considered one of the most complex la...