UNITED ARAB EMIRATES
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We are pleased to present our round up of GCC tax news for the first quarter of 2022. Highlights this quarter include a summary of the Corporate Tax proposals from the UAE, new guidance on cryptocurrencies from Bahrain, the final stages of VAT implementation in Oman and some interesting proposals...
Developments in sustainability reporting have moved at an unprecedented pace in recent months and years. The demand for sustainability disclosures to be made by entities in a globally consistent manner has become a priority for the investor community as well as various levels of government...
Determining whether an economy is hyperinflationary or not has a significant effect on financial reporting for entities with operations in those countries. BDO has issued IFR Bulletin 2022/02 – Hyperinflationary Economies for the period ended 31 December 2021, which includes a list of these...
This publication provides an overall understanding of the key commitments made at COP26. It also aims to provide insights into the following implications for businesses:Net zero as imperative for businessFinancing the transitionGreen projects driving future investment trendsPreparing for...
BDO has released IFR Bulletin 2022/01 summarising the activities in standard setting by IASB during the year 2021. The Bulletin provides a concise list of standards and amendments that became effective during the last year or will become effective in the coming years. It also provides a snapshot...
Now that 2021 has drawn to a close, we look back at the big tax news from the year and report on the new stories from quarter four.
The COVID-19 pandemic made digital transformation in healthcare even more critically important than it already was.For healthcare professionals and decision-makers, the real question is: How can digital transformation help realise the organisation’s goals and add value for the patients?
The IASB have published an exposure draft – Non-Current Liabilities with Covenants. The proposals in the exposure draft modify the requirements introduced by Classification of Liabilities as Current or Non-Current (2020 amendments) on how an entity classifies financial liabilities, as well as...
BDO has published its 31 December 2021 Illustrative IFRS Financial Statements. This update includes disclosures relating to the adoption of amendments to IFRS 16 – COVID-19 Related Rent Concessions beyond 30 June 2021. The publication may be accessed here: