As companies embark new projects in their domain or sometime new domains, they often seek out expert advise to evaluate such projects from business valuation perspective and help them understand all the costs, benefits, and risks of such projects to arriv...
Read More
Companies are in a constant effort to grow and expand. As part of their effort, they often come across business decisions like an acquisition, potential merger, or evaluation of a growth opportunity etc., which requires thorough due diligence. Due Diligen...
Read More
Small and Medium Enterprises (SMEs) have a vital role to play in the economic development of Bahrain. A major chunk of jobs in the private sector and significant percentage of national GDP comes from SMEs. SMEs are businesses where the number of employees...
Read More
Organizations aim to remain a going concern and enhance their revenue/earning and eventually their shareholders worth. An organization’s financial strength is evaluated through momentum of their revenue growth. To keep any business running, you need to ...
Read More
Bahrain has always made concentrated efforts towards establishing its position as a regional business hub and has been able to attract significant foreign direct investment from Saudi and MENA region. Adoption of global regulations and best practices have...
Read More
Bahrain over the years has channeled its oil and gas wealth to establish a regional financial and investment hub, attracting numerous international companies. Bahrain’s banking and financial services sector, particularly Islamic Banking, has gained ...
Read More
Most People might question, what is corporate governance and why is it important for me, given my company is already profitable? Corporate governance structure goes beyond financial profits and encapsulates a system of rules, practices and processes by wh...
Read More
Bahrain has always strived to provide a business friendly environment to local, Saudi backed, regional and international companies. Hence the authorities aim to ensure the necessary legal and regulatory framework exists in alignment to international econo...
Read More
Business Valuation in the Kingdom of Bahrain is an elaborate process to determine the true economic value of a business or company. It is used to determine the company’s intrinsic worth for the purpose of a potential sale, merger, acquisition, restructu...
Read More
Wealth Management Service is a core financial advisory service, actively sought by high income strata individuals and companies with surplus investable cash. Instead of integrating isolated advice and products from multiple professionals, often high...
Read More
There is a clear distinction between tax avoidance and tax evasion, the former being a legal means to reduce the overall tax burden, while the latter is illegal. The Kingdom of Bahrain being almost a tax free haven with a business friendly environme...
Read More
Private company valuations are generally a bit arduous compared to public company valuations, where the company information is readily available. The publicly traded stock price on local stock exchanges is multiplied with the company’s outstanding c...
Read More
While the world was still adapting to the SOPs laid out considering Covid-19 pandemic, the imminent second wave might push most countries into another lockdown. It has pitted the businesses, financial companies, banks, auditors, and regulators against unp...
Read More
Year 2020 threw a curve ball most businesses had never imagined. With massive layoffs across North America, Europe, businesses closed down, the blurred line between work and home life further exacerbated the pain of human cost of Covid-19 Pandemic. Undoub...
Read More
Auditing is a wider business function that is oftentimes confused with just the assessment of procedures. The multifold aspect of auditing activity is what makes it so beneficial for a company. As a company has different aspects to it that need attention ...
Read More
Technology has given us many things, some in succession and the others all at once. Over the years we’ve learned to tackle the impact of IT on several different aspects of society and workings of a state. However, it is also a continuous and forever cha...
Read More
Auditing is a wider business function that is oftentimes confused with just the assessment of procedures. The multifold aspect of auditing activity is what makes it so beneficial for a company. As a company has different aspects to it that need attention ...
Read More
Technology has given us many things, some in succession and the others all at once. Over the years we’ve learned to tackle the impact of IT on several different aspects of society and workings of a state. However, it is also a continuous and forever cha...
Read More
The pandemic that has left almost the entire world upturned, has not been easy on big businesses either. And this includes the financial institutions that govern most companies, Stock exchange, Banking sector and financial institutes such as auditing firm...
Read More
While working on a SOX compliance internal audit report, auditors have a big responsibility to assess shortcomings and risks. This goes the same for any ISO compliance audit, including external ISO audit, and BCBS internal audit. Internal audit is a much ...
Read More
To say that the pandemic has been challenging for the business community globally would be an understatement. Ever since the cases were first reported from Wuhan, China, nobody could even assume how devastating it would get for the economies globally. Thi...
Read More
Internal auditing is an independent, objective consulting activity, designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and imp...
Read More
Risk management in Bahrain is an important factor of a business, no matter the size of the company. It is obviously more of a task when dealing with a bigger business where a large amount of capital is involved. For a person having to start a small busine...
Read More
People often don’t realise the intricacies involved in land registration and property registration, whether that’s after buying or transferring one’s assets. The companies and firms one chooses really have a lot of responsibility as responsible hold...
Read More
The incorporation of a company refers to the legal process that is used to form a corporate entity or a company. An incorporated company is a separate legal entity on its own, recognized by the law. These corporations can be identified with suffixes like ...
Read More
Business valuation is a very important factor to consider in various situations. Other than the general exact knowledge of your own business and what it’s worth, keeping the figures of your company’s intrinsic value is highly important in case any...
Read More
The negative connotations attached with tax shelter and using it as a means to reduce the amount of tax one has to pay in a business are too much. People immediately assume it to be something negative, many even confuse it with tax evasion. Just bec...
Read More
Forensic audit in Bahrain is one extensive procedure that involves analysis and investigation on specified matters that need a critical analysis to evaluate whether someone has carried out any unauthorized and illegal activities involving finances f...
Read More
Auditing is a major part of the accounting function for a healthy business. There are different types of auditing, but it basically entails reviewing the numerical aspect related to the business functions. By numerical, it means monetary. Whatever ...
Read More
Intern audit is, as its name suggests, an internal activity that takes place upon the choice of the organization. It is not specific to a reason; different organizations choose the internal audit service due to different reasons. The internal audit proces...
Read More
Entrepreneurs’ Organization (EO) UAE, the local chapter of the dynamic global network of entrepreneurs, reported that its members experienced a seamless transition to VAT this week. This smooth period was attributed to the group’s efforts in 2017 to o...
Read More
Good news for the UAE: No value-added tax (VAT) increases for upcoming 5 years. UAE Minister of State for Financial Affairs Obaid Al Tayer said at the Arab Fiscal Forum the government has no plans to raise the rate of VAT or excise tax in the near future....
Read More
Copyrights are reserved @ Quantum Auditing
