How IFRS 9 Impairment Rules Will Affect Companies in UAE
The IFRS 9 standard was completed in July 2014, and recent changes brought audit firms in Dubai & UAE new impairment rules. These new rules will not affect only financial …
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How Dubai Company Audit Experts Test Hedge Effectiveness by IFRS 9
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 …
How to Prepare for an Audit of your Financial Statements
It is essential to conduct audits of financial statements for businesses to maintain accuracy, transparency, and compliance with financial regulations and standards. Thus, it is imperative for businesses to seek …
The Next Generation of Digital Assets: What are they and how can they be audited?
Globally, there is an expanding endorsement of digital assets by users. Subsequently, there is a notable emerging growth in investment and financial statement auditing guidelines that have also evolved, respectively. …
A Quick Guide on IFRS 7 for Audit Firms in UAE
The financial instruments are perhaps the most complicated part of IFRS, and it’s a challenge for many audit firms in Dubai & UAE. In this article, Audit Firms in Dubai …
5 Tips for Companies in Dubai and UAE to Prepare for ISO Audit
The International Organization for Standardization is a leader in developing standards across industries. This helps to ensure that our products and processes are safe, efficient, and sustainable. ISO certification is …
