Presentation of financial instruments This briefing document summarizes the main themes and important ideas and facts from the provided sources related to IAS 32 Financial Instruments: Presentation. The core focus of IAS 32 is on how to classify financial instruments as either financial liabilities or equity instruments in the financial statements. 1. Core Principle: Substance […]
IAS 32 Financial Instruments Read Post »
Environmental, Social, and Governance (ESG) reporting is no longer optional – it’s becoming a global standard. With rising investor scrutiny, regulatory momentum, and the UAE’s ambitious sustainability goals, listed companies must prioritize transparent and credible ESG disclosures. In June 2025, the Abu Dhabi Securities Exchange (ADX) released its latest ESG Disclosure Guidance for Listed Companies.
ESG Disclosure Guidance for Listed Companies: Why It Matters in the UAE Read Post »
1. Introduction to Corporate Tax Law and Family Foundations The UAE Corporate Tax Law (Federal Decree-Law No. 47 of 2022) introduces a federal tax on corporations and business profits, effective for Tax Periods commencing on or after June 1, 2023. A “Family Foundation” for Corporate Tax purposes is defined as “any foundation, trust or similar
Taxation of Family Foundations in UAE Read Post »
🚪 Logging In You can access your account using: Forgot your password? Use the “Forgot Password?” link to reset easily. 💰 Managing Corporate Tax Payments Inside the My Payments Section, you’ll find: You can also download statements and view liabilities by year. 💳 Two Payment Methods 📑 After Payment Once a payment is complete: 📘
EmaraTax Corporate Tax Payments – Complete Guide Read Post »
Over the last few years, more than 10,000 millionaires have moved from the UK to the other countries (including UAE), and there is a clear reason why. Relocating a business is a major strategic decision, and many UK companies are following this trend by exploring the opportunities the United Arab Emirates (UAE) offers. With its
Moving Your Business from the UK to the UAE: A Complete Guide Read Post »
In today’s rapidly evolving digital economy, companies are under constant pressure to become faster, smarter, and more agile. The key to staying ahead? AI-driven automation and business intelligence (BI). Together, these technologies are revolutionizing how businesses operate—enabling faster decision-making, enhanced efficiency, and deeper insights across all functions. What is AI-Driven Automation? AI-driven automation refers to
AI-Driven Automation & Business Intelligence: Transforming Your Business Operations Read Post »
1. Introduction to IAS 41 Agriculture International Accounting Standard (IAS) 41, “Agriculture,” aims to regulate the accounting treatment, financial statement presentation, and disclosures related to agricultural activity. Issued by the International Accounting Standards Committee (IASC) in 2000 and adopted by the International Accounting Standards Board (IASB) in 2001, it represents a significant shift from historical
IAS 41: Agriculture Accounting Read Post »
This briefing document provides a detailed review of the main themes and important ideas or facts related to IFRS 10 Consolidated Financial Statements, as derived from the provided sources. 1. Core Principle: Control The central tenet of IFRS 10 is the concept of control. An investor controls an investee when it meets all three of
IFRS 10 Consolidated Financial Read Post »
Executive Summary: IFRS 12 “Disclosure of Interests in Other Entities” is a crucial International Financial Reporting Standard (IFRS) that consolidates and enhances disclosure requirements for an entity’s interests in subsidiaries, joint arrangements, associates, and unconsolidated structured entities. Its primary objective is to improve transparency for users of financial statements, particularly following the 2007 global financial
IFRS 12: Disclosure of Interests in Other Entities Read Post »
This document offer a comprehensive overview of IFRS 8 Operating Segments, its implementation, and ongoing discussions surrounding its application and potential amendments. The core principle of IFRS 8 is to “disclose information to enable users of its financial statements to evaluate the nature and financial effects of the business activities in which it engages and
IFRS 8 Operating Segments Read Post »
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