UNITED ARAB EMIRATES
The power of industry experience is perspective - perspective we bring to help you best leverage your own capabilities and resources.
A sustainability report is a means to communicate a larger strategy and report on its progress, helping an organization foster both transparency and accountability. Developing a report offers teams across an organization the opportunity to work together to create a more sustainable organization...
Effectively managed working capital is key to a company’s financial health and ability to navigate challenging business conditions, helping to maintain a business’s liquidity and avoid financial stress.Working capital management not only ensures an organisation can meet its short-term financial...
As the world of business continues to evolve, innovative technologies like Artificial Intelligence (AI) are quickly becoming critical components of modern commerce. The ability to harness the power of AI is quickly separating the winners from the losers, making it essential for companies to...
A Risk Appetite Statement is a formal document that articulates the level and type of risk an organisation is willing to take in pursuit of its strategic objectives, given its financial capacity. However, determining the appropriate level of risk can be challenging. This is where the role of the...
With the fast-paced advancements in technology, businesses are constantly adapting to keep up with the changing landscape. Among buzzwords like digital transformation, cloud computing, and Artificial Intelligence (AI) tools, the accounting industry is no longer an exception to riding the wave of...
While AI developments hold massive potential for businesses across almost all industries, we must be aware of the risks involved with adopting such innovative technology. Planning how you will address these risks can help your business prepare for the future as organizations worldwide begin to...
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...
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...