Understanding UAE’s Transitional Tax Rules on Unrealized Gains
The UAE has been making strides to modernize its financial and tax landscape, and a major recent change was the introduction of the Federal Corporate Tax Law. Among these updates, the Ministerial Decision No. 120 of 2023, released on May 26, 2023, has become particularly important for businesses. This decision outlines the “transitional tax rules,” […]
Click, Ship, Profit: Smart Accounting for E-commerce Success
In e-commerce, it’s not just about making sales—it’s about making sense of them. With transactions adding up, tax rules changing by state, and inventory shifting constantly, keeping finances on track can feel overwhelming. But smart accounting is more than record-keeping; it’s the foundation for growth. When your numbers are accurate, your profits steady, and your […]
How Technologies can Benefit CPA Accounting Firm
When the Covid-19 pandemic hit the world, it showed how significant the role of accountants is to sustain businesses. CPAs experienced a paradigm transformation from preparing taxing & financial statements to offering advisory. CPAs provided meaningful advisory to small businesses to prepare better cash flow and access the government relief measures. In short, CPAs helped […]
Accounting Outsourcing in a Digital World: The Impact of Digital Transformation
The only constant in business is evolution, from solving unprecedented business disruptions to adapting new operational paradigms and driving new technologies. Similarly, accounting goes beyond bookkeeping and payroll, and its strategic importance is increasing for forward-looking companies. Many say Accounting has dim features ahead, but the technologies such as cloud computing, process automation, and advanced […]