For financial statements to be applicable, important decision-makers need to be able to analyze and interpret the statements. The externally audited financial statements help managers and investors evaluate an organization’s …
In simple terms, Due Diligence can be explained as an internal audit conducted for a company where every process is audited based on a preplanned checklist to understand its potential …
It’s easier than ever to open and manage a business, and also to carry out internal audit services in Dubai. This is due to increased internet access and understanding by governments …
Every business in Dubai, UAE, regardless of its size and nature, has to measure its current status and position in the market to ascertain if it is moving in the …
IFRS 17 is a new global accounting standard for insurance contracts that aims to regulate financial reporting practices in the insurance industry. Its implementation is of great importance in Dubai, …
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 …
