UNITED ARAB EMIRATES
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BDO has released an update to its IFRS At a Glance publication series.IFRS At a Glance summarises all IFRS standards in a few pages and includes all IFRS standards and amendments issued up to 31 December 2022. IFRS At a Glance also includes a link to IFRS FAQs released by BDO. The FAQs cover...
As the end of 2022 approaches, the list of hyperinflationary economies has continued to evolve rapidly due to deteriorating economic conditions and high inflation in several countries. BDO's IFR Bulletin summarises the countries expected to become hyperinflationary in 2022, as well as an updated ...
2022 has been a year of change for tax in the GCC. In this end of year edition of our regional tax newsletter we look at the current the hot topics, including the new corporate tax law in the UAE, the extension of the tax amnesty in Saudi Arabia, and a round-up of key changes across the GCC.
BDO has published the 2022/2023 update to IFRS In Practice - Accounting for Convertible Notes. This publication sets out BDO's views on the application of IAS 32 and IFRS 9 to many complex fact patterns. It also includes a useful practice aid for classifying components of financial instruments...
BDO has published its 31 December 2022 Illustrative IFRS Financial Statements. This update includes disclosures relating to the adoption of amendments to IAS 16, IAS 37 as well as information about other standards that have been issued, but are not yet effective. The publication may be accessed...
BDO has published the 2022/2023 update to many of the IFRS In Practice publications. IFRS In Practice is our in depth series of publications on the application of IFRS Accounting Standards. These publications include dozens of worked examples and practical insights into how IFRS is applied in...
The European Parliament has published its final CSRD text and EFRAG has delivered the first batch of European Sustainability Reporting Standards (ESRS) to the European Commission. The CSRD significantly expands both the scope of the existing NFRD and the ESRS will require extensive disclosures...
The IASB recently issued amendments to IAS 1, which clarify how an entity determines whether liabilities with covenants are classified as current or non-current liabilities. This classification may significantly affect gearing, liquidity and other key financial indicators for reporting entities...
In today’s turbulent times, it’s critical for company leaders to optimize their finance and accounting functions to navigate the road ahead and recession-proof their organizations. Oftentimes, outsourcing to a third-party advisor can help buoy the business during these times. Have questions...