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Category: Accounting

Stay informed with the latest insights on accounting practices, financial reporting, and best practices for managing your business’s financial health. Our accounting blog covers a range of topics including bookkeeping, financial statements, audits, and accounting software, helping businesses stay compliant with local regulations and optimize their financial operations in the UAE.

Accounting
Why is it necessary and suggestable to maintain books of Partnership Business

Why is it necessary and suggestable to maintain books of Partnership Business

According to UAE’s Federal Law No. 2 of 2015 bookkeeping is certainly one of the most vital things to be considered and maintained. In the UAE, Partnership Firms (Joint Liability Company) are required to keep accounting records showing transactions to accurately reveal at any time, the financial position of the company. It is to be…

December 12, 2021
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