Discover essential accounting insights, from small business bookkeeping and tax planning to financial reporting and compliance. Learn about personal finance, startup strategies, industry-specific tips, and the impact of technology on the field. Stay informed on best practices to enhance financial management and growth.
Properly maintaining your books is a critical part of running a business. Access to the financial status of your company can help you make better decisions in a competitive market like Dubai and help you achieve business objectives.
Cash Basis and Accrual Basis Accounting are two fundamental methods of tracking your business’s financial performance. Cash Basis records income and expenses when cash is actually received or paid, offering simplicity and a clear picture of cash flow.
Here are some tricks on how you can neatly deal with tacky language barriers you may face if you are going to a non-English speaking country like Germany, France or Switzerland.