The commercial partnership between Moscow and Riyadh
The Riyadh Chamber held an economic conference for the commercial partnership between Moscow and Riyadh on November 7 and 8, 2023, with the participation of 19 Russian companies in various fields, including the medical and commercial fields, communications, information technology, and construction. We participated in it and got to know many companies. A number of […]
International Accounting Day Forum
The Arab Open University, in partnership with the Saudi Accounting Association, held the International Accounting Day Forum under the slogan “Accounting for the Present, Shaping the Future,” with the participation of a number of experts and specialists in the field of accounting and more than 20 entities from various governmental and private sectors, over the […]
The Benefits of a Legal Audit Firm in Assisting Companies with Value-Added Tax and Avoiding Challenges
Introduction: Value-Added Tax (VAT) is considered one of the most complex taxes in many tax systems around the world. Distinguishing between VAT-taxable income and recoverable expenses requires precision and a deep understanding of local and national tax laws and regulations. This is where a legal audit firm comes into play, as it can help companies […]
Common Mistakes in Filing Tax Returns and How to Avoid Them
Introduction: Filing tax returns is one of the most stressful and complicated tasks that individuals and businesses deal with on an annual basis. It requires a precise understanding of taxes and compliance with local and national laws and regulations. Sometimes, there are common mistakes that people make while filing their tax returns, which can lead […]
Finexpertiza
Finexpertizasa: A Trusted Partner in Financial Expertise Finexpertizasa is a leading financial services company that specializes in providing expert financial solutions to individuals and businesses. With a team of highly skilled professionals and a commitment to excellence, Finexpertizasa has established itself as a trusted partner in the field of financial expertise. In this article, […]
The Importance of Filing Tax Returns on Time
Filing tax returns is an essential responsibility for individuals and businesses alike. It is important to understand the significance of submitting tax returns within the designated timeframe. Here are some key reasons why timely filing of tax returns is crucial: Compliance with Tax Laws: Filing tax returns on time ensures compliance with […]
The Role of External Auditors in Providing Tax Services
The Role of External Auditors in Providing Tax Services, such as Income Tax or Value Added Tax (VAT), to Private Companies In today’s complex business environment, private companies face various challenges, including managing their tax obligations. Tax compliance is a critical aspect of running a business, and companies must ensure that they meet all […]
Types of Value Added Tax (VAT) Evasion
Value Added Tax (VAT) is a consumption tax imposed on goods and services at each stage of production and distribution. It is an important source of revenue for governments around the world. However, VAT evasion remains a significant challenge, leading to revenue losses for governments and distorting fair competition among businesses. Here are some […]
Saudi Vision 2030 in Developing Businesses and Facilities in Saudi Arabia
Saudi Arabia’s Vision 2030 is a strategic roadmap that aims to transform and diversify the Saudi economy across various sectors, including businesses and facilities. This ambitious vision seeks to enhance investments, stimulate economic growth, and create a thriving environment for both local and international businesses in the kingdom. One of the primary objectives […]
The internal auditor and the external auditor
The internal auditor and the external auditor are two distinct roles involved in the auditing process of an organization. While both roles contribute to ensuring financial accuracy and compliance, there are key differences between them: Scope and Reporting Line: Internal Auditor: The internal auditor is an employee of the organization and works within the […]
