Jcauaeaudit.com

Accounting Guide: What’s the Difference Between Net Income

WEBAccurately assessing your company’s financial health and performance is important for the success of your business. In this regard, it’s critical for every business owner to be able to differentiate between net income and net revenue, as these metrics shine a light on their company’s financial health and performance.

Actived: 3 days ago

URL: https://jcauaeaudit.com/accounting-guide-whats-the-difference-between-net-income-net-revenue/

Accounts Payable and Your Business: Consider these Critical Insights

WEBDubai – Head Office. Office # 3006, 30th Floor, Al Attar Tower Near DIFC, Sheikh Zayed Road Dubai, United Arab Emirates P.O. BOX 43630 Mobile: +971 545187241 Tel No: +971 4 343 8022 Fax No: +971 4 343 8033 Email: [email protected]

Category:  Health Go Health

7 key Steps in the Accounting Process Every Business …

WEBThe Accounting Cycle: The Crucial Steps in the Accounting Process. 1. Identifying and Analysing Business Transactions. Analysing the transactions is the first yet crucial step in the whole accounting process. The businesses need to identify the accounts that are affected by the transactions. The process involves analysing source documents …

Category:  Health Go Health

Significance of VAT Health Checks for UAE Businesses

WEBA VAT health check is an independent review conducted by experienced VAT consultants in Dubai, UAE to assess the efficacy of their VAT procedures, documentation and controls. However, most small businesses downplay the significance of VAT health checks and attract tax audits from the Federal Tax Authority (FTA), which …

Category:  Health Go Health

Essential Guide to VAT on Insurance Sector in the UAE

WEBAn Essential Guide to VAT on Insurance Sector in the UAE. October 1, 2020 Tax/VAT. Under the UAE VAT regime, the insurance and related services are subject to the standard VAT rate of 5%. Also, the VAT incurred on costs that can be wholly attributed to the standard-rated supply can be recovered in full. Yet, there are exempted supplies and …

Category:  Health Go Health

Why Businesses Without Proper Accounting Systems Fail

WEBProper accounting is essential for tax compliance. Businesses without a well-maintained accounting system often struggle to report income and expenses accurately, leading to potential underpayment or overpayment of taxes. The repercussions of tax issues can range from financial penalties to legal consequences, further …

Category:  Health Go Health

Customer Due Diligence: Critical Component of AML …

WEBCustomer Due Diligence: A Critical Component of AML Compliance in UAE. February 12, 2022 Anti-Money Laundering (AML) Financial Institutions and DNFBPs in the UAE are required to verify the identity of their customers before establishing a business relationship with them. As part of ensuring AML compliance in the UAE, such entities …

Category:  Health Go Health

Why it is Crucial for You to Know the Financial Health of …

WEBThe skill to accurately assess the financial health of the company is a critical skill every entrepreneur or manager should master while doing business in Dubai.

Category:  Health Go Health

Why you Shouldn't Ignore the Significance of MIS Reports in …

WEBBusinesses in the UAE are facing increased accounting challenges in the wake of new economic reforms being introduced by the government. Businesses are now required to keep records to comply with the changes in the Commercial Companies Law, VAT, Economic Substance Regulations (ESR), Anti-Money Laundering and Combatting …

Category:  Health Go Health

Corporate Finance Services in Dubai

WEBJitendra Chartered Accountants (JCA) is a leading corporate finance provider offering bespoke trade finance services in Dubai. Being one of the top trade finance service providers in Dubai, JCA can help the trading companies to organize & file documents, pitch to the banks, and liaise and negotiate the best possible competitive terms with the

Category:  Health Go Health

Accounting Requirements that Restaurants Owners Must Know

WEBGive Top Priority to Taxes. Tax is one important accounting aspect for restaurants as nearly all such businesses need to register for Value Added Tax (VAT). Restaurants should register for VAT if their taxable supplies exceed AED 375,00 and a voluntary registration can be made if taxable supplies are between AED 187500 and …

Category:  Health Go Health

JAFZA Approved Auditors Audit Firms in Jebel Ali Free Zone

WEBJitendra Chartered Accountants (JCA) is a highly regarded audit firm in Dubai, UAE. Being a registered auditing firm with the Jebel Ali Free Zone Authority, JCA’s highly qualified team of auditors will help companies ensure that their financial statements are true and accurate. JCA’s services will ensure that the company’s audit report

Category:  Health Go Health

Why Every Entrepreneur Should Acquire Accounting Skills

WEBImproved Decision-Making. Acquiring accounting skills can also help entrepreneurs to make better decisions. By having a better understanding of financial data, entrepreneurs can make informed decisions about investments, pricing, and other business-related matters. This can lead to better outcomes and increased profitability for the …

Category:  Health Go Health

VAT on educational services in the UAE VAT on education fees

WEBThe institutions, therefore, are able to recover the VAT they pay on related costs when they file their tax returns. However, all the other entities that do not come under the definition of a qualifying educational institution will be subject to the standard VAT rate of 5%. The VAT treatment of the educational services is a complex affair and

Category:  Health Go Health

Top Audit Firms in Dubai, Abu Dhabi, Sharjah, Ajman, UAE

WEBHaving top auditors in Dubai, Jitendra Chartered Accountants is rated amongst the most reputed audit firms in Dubai & UAE. We offer a full range of audit & assurance services and help companies to achieve business goals by understanding the organizational structure & internal process of the company. Auditing companies in Dubai & UAE ensure that

Category:  Health Go Health

Value Added Tax (VAT) on Health Care Services in the UAE

WEBIn accordance with Article 41 of Cabinet Decision No. 52 of 2017 on the Executive Regulations of the Federal Decree-Law No 8 of 2017 on Value Added Tax (“Executive Regulations”), healthcare services may be zero-rated if certain conditions are met. The FTA defines the healthcare services” as. “Any Service supplied that is generally

Category:  Health Go Health

Accounting & Bookkeeping Firms in Dubai, UAE

WEBJitendra Chartered Accountants is a full-service Audit & Accounting firm based in UAE. We also offer services in Abu Dhabi, Sharjah, Ajman, Ras al Khaimah, Fujairah and Umm al Quwain since 2001. In 2016, after the UAE government announced the Value Added Tax system in the country, we started out providing VAT accountancy, VAT audit and VAT …

Category:  Health Go Health

Registered Audit Firms in Dubai Silicon Oasis (DSO)

WEBAuditing Services in Dubai Silicon Oasis (DSO) Jitendra Chartered Accountants (JCA) are registered auditors with the various free zones in the UAE. JCA is also one of the approved audit firms in Dubai Silicon Oasis (DSO). Being in the industry since 2001, JCA has served thousands of companies as a chartered accountant firm in Dubai & UAE.

Category:  Health Go Health