Segregation of Duties: Prevent Fraud & Ensure Compliance
Category: Accounting If you run a trading company, contracting business, school, garage, or property operation in the UAE, you probably have at least one process that depends too heavily on trust. One staff member creates the supplier. The same person enters the invoice. Then that person prepares the payment file and later explains the balance […]
Expert Guide: Sarbanes Oxley Compliance for UAE/GCC
Category: Accounting A finance director in Dubai often meets Sarbanes-Oxley for the first time at the worst possible moment. A U.S. investor asks for tighter reporting. A parent company wants quarterly certifications. External auditors start asking who approved a journal, who changed a vendor record, and where the evidence sits. Suddenly, what looked like a […]
