Theta 7’s Post

New laws regarding audit practice licenses have been implemented to increase trust in the accounting and auditing profession in the UAE. Ultimately, these impact all auditors domestic or foreign, wishing to apply for or renew the practice license that enables them to sign national audit reports. Contact CDA for more details: 📞 +971 55 306 1510 #AuditLicenseRule #Auditing #AuditLicense #CDA #CDAAudit #auditingservices #dubai

Don't let the audit deadline sneak up on you! Get your books audited with MICS International and 𝙖𝙫𝙤𝙞𝙙 𝙪𝙣𝙬𝙖𝙣𝙩𝙚𝙙 𝙥𝙚𝙣𝙖𝙡𝙩𝙞𝙚𝙨. Contact us now! ✉️ communication@mics.ae 📲 +971 50 611 7288 CA Shubhangi Toshniwal CPA Aust., CA Siddharth Singhvi #mics #audit #deadlines #booksaudit #penalties #duedates #audited #uae #dubai #avoidpenalties #auditdealines #micsaudit

#Do you have plan to get #ICVCertificate ? #Are you willing to get #highscore ? #Are your #accounts not #organizing to get #Audit #ICVCertificate? #Do you need help and #support to #achieve #icvcertificate with #highscore to #participate in #governmenttender? #ioa #icv #customersatisfaction #businessgrowing #businessrequirments #highscoreicv #achievetender #saveyourtender #upgradeyourbusiness #controlyourbusiness

📢 Attention all corporate entities operating in #Bahrain! 🇧🇭 It's that time of the year again to ensure compliance with the Ministry of Industry and Commerce ("MOIC") regulations for all Limited Liability Companies (WLL), Branches of Foreign Entities, and Bahrain Shareholding Companies (Closed)! As per the regulatory framework, it is mandatory for all corporate entities incorporated or registered in Bahrain to submit their audited financial statements annually to the MOIC. If you're seeking assistance to ensure your company stays compliant with the annual audit requirement set forth by the MOIC, we're here to help. Contact myself and Naresh Gaja now to learn more about how we can support your compliance efforts! #BahrainBusiness #CorporateCompliance #FinancialTransparency #MOIC #AuditRequirement

🔔 Non-compliance with External Audit report requirements can result in severe penalties, including fines, imprisonment, and loss of business licenses. ⛔ Financial Penalties: Non-compliance with Audit regulations can result in fines, varying by free zone or mainland regulations. For example, the Federal Tax Authority (FTA) can impose penalties ranging from AED 3,000 to AED 50,000 for errors or inaccuracies in financial statements. ⛔ Business License Suspension: Some free zones may suspend or revoke a business’s operating license for failure to submit Audited financials on time. 💡 Ensure Compliance & Avoid Penalties Consult us! Contact us! 28 years of professional experience, "Alyah Group" is a pioneer in the UAE's financial landscape. We assure you of our trustworthy and expert assistance. 🌐 www.alyahaudit.ae 📲 +971 52 769 1971 📧 cardozo@alyahaudit.ae #audit #AuditAssurance #finance #externalaudit #auditing #internalaudit #taxaudit #RevenueAudit #auditseason #FinancialServices #financialservicesindustry #FinancialServicesConsultant #business #businessowner #businessdubai #dubai #uae #dmcc #ALYAH

🔔 Non-compliance with External Audit report requirements can result in severe penalties, including fines, imprisonment, and loss of business licenses. ⛔ Financial Penalties: Non-compliance with Audit regulations can result in fines, varying by free zone or mainland regulations. For example, the Federal Tax Authority (FTA) can impose penalties ranging from AED 3,000 to AED 50,000 for errors or inaccuracies in financial statements. ⛔ Business License Suspension: Some free zones may suspend or revoke a business’s operating license for failure to submit Audited financials on time. 💡 Ensure Compliance & Avoid Penalties Consult us! Contact us! 28 years of professional experience, "Alyah Group" is a pioneer in the UAE's financial landscape. We assure you of our trustworthy and expert assistance. 🌐 www.alyahaudit.ae 📲 +971 5 88 99 35 43 📧 narmadha@alyahaudit.ae #audit #AuditAssurance #finance #externalaudit #auditing #internalaudit #taxaudit #RevenueAudit #auditseason #FinancialServices #financialservicesindustry #FinancialServicesConsultant #business #businessowner #businessdubai #dubai #uae #dmcc #ALYAH

Non-compliance with External Audit report requirements can result in severe penalties, including fines, imprisonment, and loss of business licenses. ⛔ Financial Penalties: Non-compliance with Audit regulations can result in fines, varying by free zone or mainland regulations. For example, the Federal Tax Authority (FTA) can impose penalties ranging from AED 3,000 to AED 50,000 for errors or inaccuracies in financial statements. ⛔ Business License Suspension: Some free zones may suspend or revoke a business’s operating license for failure to submit Audited financials on time. 💡 Ensure Compliance & Avoid Penalties Consult us! Contact us! 28 years of professional experience, "Alyah Group" is a pioneer in the UAE's financial landscape. We assure you of our trustworthy and expert assistance. www.alyahaudit.ae Mobile/WhatsApp : +971 5 29 53 21 48 E Mail: jaimon@alyahaudit.ae #audit #AuditAssurance #finance #externalaudit #auditing #internalaudit #taxaudit #RevenueAudit #auditseason #financialservices #financialservicesindustry #FinancialServicesConsultant #business #businessowner #businessdubai #dubai #uae #DMCC #ALYAH

The Importance of Audits in Business. Auditing is an essential process that every business entity should undertake. It is a systematic and independent examination of the financial statements, records, operations, and processes of a company. The primary objective of an audit is to provide an unbiased opinion on the accuracy, transparency, and completeness of the financial information presented by a company. However, audits do not only focus on financial reporting; they also evaluate the internal controls, policies, and procedures of a company. One of the main benefits of an audit is that it helps businesses to identify weaknesses and areas for improvement. Auditors can evaluate the effectiveness of internal controls and recommend changes that can enhance the efficiency and effectiveness of operations. This is crucial in preventing financial discrepancies and even fraud. By conducting audits, businesses can minimize the probability of such occurrences and ensure that their operations are running smoothly. #audit #financialstatement #auditfirm #auditors #accountant #management #business #tax #consultant #lebanon #beirut #ksa #saudiarabia #qatar #dubai #jordan #kuwait #fyp

Started a business in the UAE after 1st March 2024? All resident Juridical Persons - yes, even those in free zones - must register for corporate tax within 3 months of starting their business. Give us a call to simplify the process and avoid penalties: 📞: +971 4 493 9099 ✉️: info@smartcreationbc.com 🌐: www.smartcreationbc.com . . #Smartbusinesscreation #CorporateTaxRegistration #RegulatoryCompliance #accounting #auditing #businesssetup #dubai #uae #corporatetaxregistration

Started a business in the UAE after 1st March 2024? All resident Juridical Persons - yes, even those in free zones - must register for corporate tax within 3 months of starting their business. Give us a call to simplify the process and avoid penalties: 📞: +971 4 493 9099 ✉️: info@smartcreationbc.com 🌐: www.smartcreationbc.com . . #Smartbusinesscreation #CorporateTaxRegistration #RegulatoryCompliance #accounting #auditing #businesssetup #dubai #uae #corporatetaxregistration