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Month: August 2023

Pretax For Value in Use

Calculate Pretax For Value in Use Under IAS 36

August 23, 2023August 23, 2023

Dubai auditor professionals are challenged in handling cash-generating units (CGU) and impairment of assets. They must determine the recoverable amount of CGU/ assets. It can be quite simple, especially when …

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Categories Audit and Assurance Services
Insurance Contracts Impact Financial Reporting

IFRS 4 Explained: How Insurance Contracts Impact Financial Reporting

August 22, 2023

As a globally acknowledged accounting criterion, IFRS 4 has significant importance in reporting. It offers guidelines or directions for the recognition, measurement, and disclosure of insurance contracts. This article seeks …

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Categories IFRS
IFRS 2 for Enterprises

A Comprehensive Guide to IFRS 2 for Dubai Enterprises

August 15, 2023

For financial and accounting reporting purposes, IFRS 2 plays a vital role in navigating share-based payment transactions. IFRS 2 improves transparency and stability, it offers rules for accounting treatment and …

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Categories IFRS
asset management

IFRS 5: Strategic Asset Management for Sustainable Business Growth in Dubai

August 10, 2023

Today’s stern business environment and the increasing importance of sustainability make planned asset management crucial to unlocking unrivaled growth opportunities. Within the dynamic landscape of Dubai, a worldwide epicenter of …

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Categories IFRS
Audit Firms in Dubai

Top Audit Firms in Dubai, United Arab Emirates

August 9, 2023August 9, 2023

To comply with auditing regulations in the UAE, many midsize and multinational firms in Dubai rely on professional auditing services. Selecting an audit partner for your company’s public financial documents …

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Categories Audit and Assurance Services
Audit Firms in UAE Identify Combination Based on IFRS 3

How Audit Firms Dubai Identify Combination Based on IFRS 3

August 8, 2023August 8, 2023

To determine how IFRS 3 should be leveraged to acquire an assets, audit firms in Dubai must first determine if the asset(s) acquired represents a business combination. Suppose the conclusion …

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Categories Audit and Assurance Services

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  • IFRS 9 Audit: Implications and Best Practices
  • How to Make an Internal Audit Report in Dubai?
  • IAS 16 Generation Assets for Power and Utilities : Dubai Audit Review
  • IFRS 4: Essential Guide for Dubai’s Insurance Sector
  • Dubai Customs Audits: A Comprehensive Guide for Businesses

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Home » Archives for August 2023

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Our auditing firm is one of the best in Dubai, offering professional auditing services in the United Arab Emirates. To verify compliance with regulatory requirements, our Dubai-based specialist auditors perform a precise, comprehensive, and impartial audit. Using our professional audit services in Dubai will help you ensure that your business is following UAE laws, regulations, and accounting standards.

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