Embarking on Your Writing Journey: A Guide for Beginners

writing

The art of crafting words into meaningful expressions is a skill that can be cultivated and perfected. Whether your goal is to create captivating fiction or articulate compelling non-fiction, this introductory guide will provide you with the essential tools to start your writing journey. Before you begin writing, it’s essential to understand why you want […]

UAE Corporate Tax – All in one basic info

Corporate Tax

What is Corporate Tax? Corporate Tax is a form of direct tax levied on the net income of corporations and other businesses. Corporate Tax is sometimes also referred to as “Corporate Income Tax” or “Business Profits Tax” in other jurisdictions. Who is subject to Corporate Tax? Broadly, Corporate Tax applies to the following “Taxable Persons”: […]

How to use Spell number Function in excel

Excel Tips by Rohitashva Singhvi

The “spell number” function is a tool used by accountants and finance professionals to convert numerical values into their written word form. This function is typically used to generate the written representation of a specific amount or value, such as converting “1234.56” to “one thousand two hundred thirty-four and 56/100 dollars.” The spell number function […]

Top 5 best-selling books for personal development by Indian authors

Self Improvement - Rohitashva Singhvi

I am in phase of improving myself as a person and develop adaptability to work with various people so trying to catch important learning points from some books. Why I chosen these books, as they have been praised by critics and readers alike, and they have helped millions of people around the world to make […]

How to proceed with Financial Reporting Consolidation

Financial Reporting Consolidation

Financial reporting consolidation is the process of combining financial data from various business units or subsidiaries within an organization to produce a consolidated set of financial statements. This process involves collecting, validating, and aggregating financial information from various sources to provide a comprehensive view of an organization’s financial position, performance, and cash flow. The process […]

Important Guidelines for Uniform Customs and Practice for Documentary Credits (UCP 600)

Documentary Credit Rules and Regulation UCP 600

The International Chamber of Commerce (ICC) has published the Uniform Customs and Practice for Documentary Credits (UCP 600) as a set of guidelines for banks and businesses engaged in international trade. Some of the key provisions of UCP 600 include:

Why it is important to follow International Standard Banking Practice (ISBP 745) for LC (Letter of Credit) Payment Request?

LC Payments from around the world

International Standard Banking Practice (ISBP 745) is a set of guidelines established by the International Chamber of Commerce (ICC) to provide guidance on the interpretation of the Uniform Customs and Practice for Documentary Credits (UCP 600) in the context of documentary credit transactions. Following the ISBP 745 guidelines is important for LC payment requests for […]

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