Blog

Income Tax Information for Overseas Pakistanis

Among the various class of taxes lies the Income Tax, which is the amount of tax imposed over the individual or an entity where both these are classified as tax payers. The tax determination is carried upon the value of profits or income generated by an individual or the organization in terms of their profits[...]

Code of Ethics for Professional Accountants

The professional accountants have professional development as a vital aspect that needs to be maintained while they carry their usual productivity. These elements of the ethical behaviour are categorized under the name of the Corporate Code of Ethics or Code of Conduct as preferred in different regions. The ethical aspects ensure that the output is[...]

Artificial Intelligence and Accounting Industry

How AI will Change the Accounting Industry What does the Future hold in store? What will be the role of Artificial Intelligence (AI) in the accounting profession? AI was purposefully designed for boring, mind-numbing tasks; it handles these better than any human, because it works 24 hours per day, doesn’t get tired, doesn’t miss things,[...]

Super Effective Accounting & Financial Management Checklist

EXCEPTIONAL FINANCE CHECKLIST FOR YOUR BUSINESS A company needs to be profitable in order to thrive and be successful, and whether it is a small and medium sized entity or a large listed company, having a team of qualified accountants is integral to determining whether the revenue earned is more than the expenditure incurred by[...]

Dubai Office to be closed by Yahoo Middle East in order for operations to be streamlined

Next Year is when the office will be closed; the business partners were told 50 jobs are at risk after Yahoo Middle East made an announcement of its intentions to close the Dubai office next year. In an attempt to have its multinational operations streamlined, the internet giant in the US is expected to close[...]

How to Solve Problems of your Bookkeeper?

Have conversations with your bookkeeper about how matters are going. You don’t want to know all the fine details of doing the numbers entry and reconciliations; however, you need to be able to examine your profit & Loss declaration and Balance Sheet at a simple level to know how things are going. In case your[...]

While Big Data is changing the way Audits are carried on, it is also presenting a higher challenge to the Standards, Training, as well as the Systems and Processes

No matter how difficult it is to confirm it, but there have been statements in the past that state that 80 percent of the data in the world has been created in just past 2 years. The way data has developed has changed our lives, however, not in the way we are serving as consumers.[...]

Robots to mark the advent of Accounting

Mark Carney, the chief of Bank of England stated that almost 15 million of the existing jobs in Britain could be automatized in a period of time, this includes a lot of professions including accounting in its entirety. In response to the statement by Mr. Carney, John Williams, the head of ACCA (Association of Chartered[...]

Turkey Has Seen a 25 Percent Drop in Tourism in October, the Lowest Drop in 7 Months

One of the main factors that helps the Turkey’s economy every year is the tourism, bringing in a staggering $30 billion every year. However, because of the bombings that took place earlier this year, the tourism has dropped by 25%. As per the official numbers, the total amount of tourism in Turkey went down by[...]

Get a quote now!

Stay Connected: