Tag: audit&assurance
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Latest Accounting trends in the UAE to watch in 2023
Overview Due to the adoption of IFRS and the implementation of the VAT system, accounting practises in the UAE have been changing. To stay competitive and in compliance with rules, accounting professionals need to be up on the most recent trends. The usage of cloud-based software, automated bookkeeping, and AI in audit and assurance are…
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Accounting trends in the UAE to watch in 2023
Overview The accounting industry in UAE is continuously evolving, marked by changes in its practices, principles, and regulations, which now include the adoption of International Financial Reporting Standards (IFRS) and the implementation of the VAT system in 2018. To stay competitive in the market and ensure compliance with regulations, accounting professionals in UAE must stay…