Internal audit is a valuable process. Auditing can provide a clear, objective, and solid view of the financials and operations of a company. This type of internal auditing, which is …
Read MoreWhat you need to know about Continuous Internal Audit
These skills have seen a dramatic increase in demand since the introduction of internal audit professionals as an occupational and the implementation of the Code of Corporate Governance. Companies in …
Read MoreHow Dubai Entities Can Manage Internal Audit Cost Effectiveness and Performance?
RERA considers all Dubai properties owned or managed by an Owner’s Association. They are required to collect service fees from residents. For maintenance services, these fees are charged by the …
Read MoreWhat is Service Charges Audit and its Importance to Audit Firms in Dubai?
The impact of IFRS 16 Leases on financial statements and the challenges of complying with compliance requirements has been the focus of much of the discussion that followed the announcement …
Read MoreOpportunities with IFRS 16 That Audit Services in UAE Should Know
Many companies and Audit firms in Dubai continue to see IFRS 16 as a “change for accountants” since it was implemented on January 1, 2019. Many businesses are still trying …
According to IAS 26, retirement benefit plans account and report to all project members as a group, not to individual members of a plan based on their benefits. Forms and …
Read MoreAudit Services Summary of IAS 26 Accounting and Reporting By Retirement Benefit Plans
Although a visit by the Home Office may seem daunting, it doesn’t necessarily have to be doomsday. Every business in Dubai and UAE is required to comply with all relevant …
Read MorePersonal Financial Statements For Immigration Audit
A tax audit in UAE is a thorough review of financial information and accounts. Officers from the tax authority conduct tax audits to ensure compliance with all applicable tax laws. This …
Read MorePrepare For TAX Finance Audit For Your Firm In 2022
What is Internal Auditing? This is the job of professionals who are often part of a separate, independent departmental unit. They have a deep understanding of the organization’s business culture, …
IFRS 8 focuses on financial statements of any company in Dubai & UAE whose equity instruments or debt are traded in public markets or wants to issue instruments in a …
Read MoreA Practical Guide to IFRS 8 Segment Reporting For Audit Firms in Dubai