Backlog Accounting – A Vital Practice for Business Success in the UAE

Understanding Backlog Accounting Definition and Scope: At its core, backlog accounting refers to the methodical process of reconciling and documenting financial transactions that have accumulated over a certain period but have not been processed in real-time. This encompasses a variety of financial entries such as invoices, expenses, and other monetary transactions that were delayed for […]

Individuals in Business: The Focus of Tax Authorities in UAE

In recent years, the tax landscape in the United Arab Emirates (UAE) has undergone significant changes, with tax authorities placing increased scrutiny on individuals who are engaged in business activities. This shift in focus has brought about new challenges and obligations for individuals operating in the business sector. In this blog, we will explore why […]