Fraud Risk: Why You Need a “Zero Trust” Strategy?
In the corporate world, fraud risk is no longer limited to forged invoices, unauthorized transactions, or insider collusion. With rapid digital transformation, cloud adoptio...
IT Audit: Why IT Controls Are the Real Internal Controls
In today’s technology-driven world, traditional internal controls are rapidly evolving. With the digitization of business functions, integration of complex ERP systems, mig...
UAE Corporate Tax Compliance: Why IFRS-Aligned Financial Statements Are Mandatory, Not Optional
With the introduction of the UAE Corporate Tax effective from June 2023, the regulatory environment for businesses has undergone a fundamen...
Internal Audit for UAE Businesses: Essential or Excess?
In today’s regulatory environment, compliance is not optional; it is a fundamental business requirement. The UAE has significantly advanced its legal and regulatory framewor...
IFRS 18 – Presentation and Disclosure of Financial Statements
Introduction
The International Accounting Standards Board (IASB) issued IFRS 18 in April 2024, with an effective date for annual reporting periods st...
Why Bookkeeping Matters More Than You Think?
In the fast-paced world of business, where innovation and hard work are the driving forces behind success, there’s one essential component that often goes unnoticed—bookkeeping....
The Essential Guide to Stock Audits: Streamlining Operations and Boosting Profitability
In the complicated world of business, managing inventory successfully is a keystone of success. Inventory is the second largest item in the Financi...
New UAE Labour Law 2022-Everything you need to know!
The objective of the Labour Law
The Federal Decree-Law no. 33 of 2021 (the "New UAE Labor Law") came into effect on February 2, 2022. The...
Accounting and MIS Reporting in Abu Dhabi and UAE
Accounting is important in the running of a business as it helps to track the expenditures and income of the organization. It also helps to provide investors, stakeholders, managem...
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