To gain a better understanding of the financial position of a company, it is important to evaluate the effectiveness of its business practices. To improve the company’s financial position, it …
Read MoreReasons Dubai and UAE SMEs must carry out Internal Audit
Internal audit in retail industry can be a great way to ensure industry standards and streamline your business processes. This helps retailers protect themselves from market shocks and helps identify and …
Read MoreGuide on How Dubai firms can benefit from Internal Audit in retail industry
The guidelines for capitalizing borrowing costs in IAS 23 and US GAAP relate closely at an extreme level. But, there are still noticeable differences that Audit firms in Dubai and …
A contract’s performing party must show the entity in their statement of financial position. It can be either a contract asset or a liability. This depends on the relationship between …
Read MoreAudit firms in Dubai presentation of contract assets as per IFRS 9
The UAE is also known as the Investment Gateway to Northern Africa and the Middle East. The UAE is home to many companies that serve the North African and Arab …
Dubai, UAE businesses involve dealing with many stakeholders, such as suppliers and vendors, distributors and associated supply chains, company labor workforces, company management, shareholders, and company management. The strategic goals and …
Read MoreThe Benefits of Forensic Auditing That Dubai Entities Must Know About
We study the past to avoid making the same mistakes again. Sometimes an event can be so unique and powerful – sometimes in a negative way – that it provides …
Read MoreHow COVID-19 is Revolutionizing the Internal Audit in Dubai and UAE
In this article, we shares some incredible tips. These formulas can help audit firms in Dubai to speed up IFRS accounting processes, especially when handling complex calculations. Lets get started, …
Read MoreThe Best Excel Formulas Audit Firms in Dubai Use For IFRS Calculations
After modifications witnessed in IFRS concerning hedge accounting a couple of years ago, many company audit experts in Dubai, UAE, remained confused. The standard came with a prospective test of …
Read MoreHow Dubai Company Audit Experts Test Hedge Effectiveness by IFRS 9
In this guide, we explain the fundamentals of EPS and share the exact EPS implications for various types. Warrants, options and equivalents are all financial tools that allows to have …
Read MoreOptions That Audit Firms in Dubai Use in EPS Calculations in IAS 33