UNITED ARAB EMIRATES
The power of industry experience is perspective - perspective we bring to help you best leverage your own capabilities and resources.
Family businesses are a significant part of the economy in the UAE, and they have been crucial in shaping the country's growth and development. However, family businesses are not immune to disputes, and such conflicts can severely impact both the business and the family members involved.
BDO has released IFR Bulletin 2023/06 Implications of IFRS 17 for Non-insurers. While IFRS 17 Insurance Contracts has fundamentally changed how insurance contracts are accounted for by insurers, non-insurers may also be affected if they issue contracts that are within the scope of IFRS 17’s...
The COVID-19 pandemic and a turbulent economy have affected how organizations are conducting business. From a remote working environment to ‘the great resignation’, changes to people, processes, and use of technology are affecting organizations’ risk universe and impacts to internal controls...
The geo-political landscape continues to change rapidly, driving increased risk relating to cyber security. If your business mindset is that “it won’t happen to us”, the statistics and our experience show otherwise. Risks that traditionally used to be considered as theoretical are now impacting...
BDO has released ISR Bulletin 2023/03 summarising the first two sustainability standards issued by the ISSB on 26 June 2023. The Bulletin provides a concise list of the key requirements of the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2...
It is time for businesses to embrace a paradigm shift in risk management, that is the central theme of this year’s Global Risk Landscape Report. Global leaders in risk are trying to understand and manage risk multipliers rather than individual risk factors.
The IASB recently published Supplier Finance Arrangements (Amendments to IAS 7 and IFRS 7). The amendments are intended to enable users of financial statements to assess the effects of an entity’s supplier finance arrangements on the entity’s liabilities and cash flows and on the entity’s...
BDO Global 2023 Construction Survey ReportDoes Gen Z still consider a career in construction? How can industry leaders make practical improvements to harness the changemaking power of Gen Z? What talent strategies can help you face modern challenges?OVERCOMING THE TALENT CRISIS: Repositioning the...
BDO has released IFRB 2023/04 IASB issues Amendments to IAS 12 – International Tax Reform – Pillar Two Model Rules.The IASB recently published International Tax Reform – Pillar Two Model Rules (Amendments to IAS 12). These amendments are issued in response to stakeholders’ concerns about the...