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TAXING corporate profits in the UAE

The two main components of accounting principles are financial accounting and management accounting.<br><br>accounting services in dubai The process of choosing, calculating, evaluating, deciphering, and conveying financial data to authorities in order to accomplish the objectives of the organization is known as managerial accounting

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TAXING corporate profits in the UAE

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  1. TAXING corporate profits in the UAE The two main components of accounting principles are financial accounting and management accounting. accounting services in dubai The process of choosing, calculating, evaluating, deciphering, and conveying financial data to authorities in order to accomplish the objectives of the organization is known as managerial accounting. Financial accounting is a technique for documenting, compiling and disclosing to the public or regulators the list of transactions and financial activity from business operations over a period of time.

  2. auditing firmsManagerial accounting is primarily used to support users in making informed business decisions. Principal Purpose of Both Accounting Procedures Creating usable data for an organization’s internal usage is the primary objective of managerial accounting. Business managers gather information on strategic planning, help employees create attainable goals, and promote effective resource management. Financial accounting generates data that is exclusively historical and includes information for a specific time frame. Managerial accounting analyses past performance to create business projections.

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