UNITED ARAB EMIRATES
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We, BDO, recently published the eighth edition of the Global Risk Landscape Report. The report is based on a global survey of 500 C-suite executives. The report examines both developments in risk management and specific risks faced by businesses around the world. The report has a number of...
BDO has released IFR Bulletin 2023/07 30 June 2023 Period-end IFRS Accounting Standards Update. This IFR Bulletin summarises the activities in standard setting as they relate to entities that apply IFRS Accounting Standards. It also includes summaries of standards that have been issued but are...
In today's rapidly evolving digital landscape, cyber-attacks are growing more sophisticated and complex, employing tactics such as social engineering schemes, ransomware, and even A.I. powered attacks.These threats are increasingly targeting organisations and industries worldwide, posing a...
On 29 July 2023, the UAE Ministry of Finance announced the issuance of Cabinet Decision No. (74) of 2023 on the Executive Regulation (New Tax Procedures Executive Regulations) of Federal Decree-Law No. (28) of 2022 on Tax Procedures (New Tax Procedures Law). The Cabinet Decision repeals and...
The internal audit function has evolved rapidly over the last few years as it has contended with growing cyber risks, supply chain disruption and a global pandemic. As much progress as the internal audit profession has made, there’s still so much opportunity on the horizon.
BDO has released illustrative interim IFRS financial statements for the half-year ended 30 June 2023. This version includes illustrative disclosures relating to Pillar Two tax reform and is a great resource for anyone who must prepare or review interim financial statements as they reflect...
If your organisation hasn’t started its sustainability journey, you’re certainly not alone - but there’s no better time to start. We have developed a six-step sustainability roadmap to guide you to establish which sustainability activities are a priority to your organisation, based on the...
The UAE Ministry of Finance has announced a public consultation on free zone relief and has requested feedback on a number of key topics.
We are delighted to present our round-up of tax news and events for the GCC. The second quarter of 2023 has seen changes across the region with new initiatives, legislation, and technology, and a brand-new tax for the UAE.