UNITED ARAB EMIRATES
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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 ...
The UAE has issued Federal Decree-Law No. 18 of 2022 to amend a number of provisions of the Federal Decree-Law No. 8 of 2017 on Value Added Tax (the VAT Decree-Law). The amendments do not make fundamental changes to the way VAT operates in the UAE, and will not afact the way most businesses...
The third quarter of 2022 has included significant progress by standard setters, regulators and some jurisdictions in the development and future application of sustainability reporting standards. Read BDO's Q3 Sustainability Reporting Update for information on developments by the ISSB, as well as...
The EU's Corporate Sustainability Reporting Directive (CSRD) will significantly expand the reporting obligations of entities with operations in the European Union. BDO's ISRB 2022/05 summarises the differences between the compromise text of the CSRD and the current Non-Financial Reporting...
The accounting approach taken by entities entering into sale and leaseback transactions may significantly change as a result of amendments to IFRS 16 issued by the IASB on 22 September 2022. BDO’s IFR Bulletin summarises the amendments and includes practical examples illustrating the effect of...
For all the important tax news in the GCC, check out our tax newsletter for Quarter 3, 2022. Highlights include the transfer pricing consultation in Saudi Arabia, the VAT inspection campaign in Bahrain, and updates from the UAE, Oman and Kuwait.
BDO’s IFRS At a Glance summarises all IFRSs in few pages. This latest edition includes all IFRSs in issue as at 30 June 2022, plus FAQs covering IFRIC agenda decisions and other respective standards.
No matter the size of your business, budgeting and forecasting are essential practices to help you succeed long-term. Whether your organisation is in a period of growth, transition or maintenance, budgeting and forecasting can help map out the path to achieving your financial goals.
BDO has released illustrative interim IFRS financial statements for the half-year ended 30 June 2022.These illustrative financial statements include disclosures relating to the effects of COVID-19, as well as the recently proposed global minimum tax legislation. This publication is a great...