The terminology of accounting is widely used in the corporate sector, especially in the season of taxation. So, every individual clearly understands the need and importance of accounting in business.
Accounting errors are common in the most basic finance functions of organizations. From the smallest startups to the largest multinational companies in the UAE, balance sheet errors along with other accounting errors remain routine.
Financial statement fraud may be a thing, but it's important to know why an employee would be involved in such practices? What are the warning signs of such heinous actions?
