The implementation of IFRS 9 (International Financial Reporting Standard 9) affects how organizations account for fiscal instruments. This article explains the essential components of an IFRS 9 audit, providing an …
IFRS requires that ‘components’ be depreciated as per IAS 16 Property Plant and Equipment. Each component of an item of property or plant is depreciated individually. You can group together …
In the go-ahead world of insurance, correct financial reporting is dominant. That’s where the IFRS comes into play. In particular, IFRS 4 emphasizes insurance contracts. It provides an agenda for …
The (FCJ) Federal Customs Jurisdiction, under the directive of the UAE government, now has the power to inspect customs and salable documentation related to import activities. The authority for tax-paying …
