Due Diligence Audit Checklist
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 …
Umapathy Anuruthan
7 Advantages of Outsourcing Internal Audit in 2024
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 …
Difference Between Audit And Forensic Audit in Dubai, UAE
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 …
Key Considerations for Implementing IFRS 17 Insurance Contracts in Dubai
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, …
IAS 16 Generation Assets for Power and Utilities : Dubai Audit Review
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 …
IFRS 5: Strategic Asset Management for Sustainable Business Growth in Dubai
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 …
