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CRESCO Accounting publishes regularly articles about accounting and accounting related topics.
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Leading In a Time of Crisis
We all live through storms throughout our lives, some little, some in gigantic proportions we call “perfect storm”. Most of the time, we come out
Investor’s Guide: A step ahead of Economic Substance
As we enter the second quarter of 2021, business individuals are still wondering is it truly a lucky year? The icon for a booming market
Oman to introduce five per cent Value-Added Tax (VAT) starting April 16 onwards. Is your accounting documentation ready?
An estimated 1.5 per cent increase towards the country’s gross domestic product (GDP) is projected once the VAT is introduced. This will have a positive
Outsourced Payroll Solutions with a Trusted Accounting Firm
It is undeniable that one of the most critical component in running a business is delegation. Certain roles and responsibilities must be passed to the
The Role of an Accountant and Sustainability in Business
Surviving the COVID-19 pandemic is not the end game for many businesses. What next? In a dynamic world where changes are happening at a fast
Fraud & Financial Crimes: A Global Financial Issue & Takeaways for 2021
Fraud and financial crimes are global phenomena. They run across all human races irrespective of their social and economic status. These crimes are forms of
2021: Future of Accounting Trends
Technology has been changing from time to time from being slightly developed to having innovative features one has never seen before. It transforms imagination and
COVID-19 Pandemic : Affecting Hotel Valuation
If there is one place that gives justice to the notion of a tropical paradise, it has got to be Seychelles. The small country from
Challenges When Migrating a Business to Another Jurisdiction
The global recession due to the current pandemic (COVID-19) has forced business owners to think and act quickly in regards to their investments. The impact
Change in the UAE’s Tax Litigation Landscape: Voluntary Disclosures, Challenges and Resolutions
On October 14, 2020, the UAE Federal Supreme Court renders judgment on an appeal filed by the UAE Federal Tax Authority, subjecting voluntary disclosures of
Cybercrime: Illegal Email and Fund Transfer Preventions
Cybercrime is a criminal activity done with the use of a computer as a tool to further illegal acts, such as committing fraud, child trafficking
Impact of COVID-19 Pandemic: Asset Valuation
The spread of the COVID-19 pandemic has significantly shaken the worldwide business market, the global economy at the full-scale level, the basic organizations and even
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