To determine how IFRS 3 should be leveraged to acquire an asset(s), audit firms in Dubai must first determine if the asset(s) acquired represents a business combination. Suppose the conclusion …
Read MoreHow Audit Firms Dubai Identify Combination Based on IFRS 3
This article describes how to identify cash-generating units (CGUs). We cover how Audit firms in Dubai & UAE assign assets and assign goodwill. An impairment review’s results can be significantly …
Read MoreIdentifying Cash-Generating Units by Audit Firm in Dubai Per IAS 36
The end of 2018 spelled a sigh of relief for auditing firms in Dubai and UAE responsible for executing IFRS 9. All the fundamental changes to accounting models, policies, and …
In this article, Audit Firms in Dubai will touch various amendments and changes that audit firms in Dubai & UAE should be aware of. While we are in 2021, yet …
Read MoreLatest IFRS Updates and Changes for Audit Firms in Dubai
There is a capex threshold policy where audit firms in Dubai capitalize assets with a higher cost than the threshold. Suppose the threshold is AED 10000, and a company in …
Read MoreHow Audit Firms in Dubai Handle Capex Threshold Policy