Countdown to VAT: What is its Impact on Your Business?
Value Added Tax (VAT) – A tax on transaction; the concept is quite simple in theory, yet from a business perspective, the changes that the tax entails are often huge. It is a fact that the introduction of VAT system in the UAE will not just affect the end-consumers,...
A tailored approach to risk management processes and architecture
Risk management processes are a section of general business procedures. Procedures are utilized to oversee and screen the regularly changing risk situations. The risk management process architecture is the outline of procedures, including their segments of sources of...
Functional Process Outsourcing – The Way Forward
Organizations, globally, have focused on outsourcing their non-core activities so as to invest further time on their core activities. One of the key processes which has seen a growing trend in outsourcing is Human Resource function. Outsourcing is a method where...
What’s Audit Really Worth – Beyond a Legal Requirement?
As the aftermath of this rapacious age, where trust is at the rock bottom, investors are seeking for increased transparency and disclosure. In this context, quality audit derives a higher value, which is beyond just meeting legal and regulatory requirements. While...