Accountancy 101
Pick the pulseWhat CFOs need to know about the pulse of budgeting, reporting, and financial consolidation success.
Tagetik Middle East appoints CPM suite resellerTagetik Middle East appoints the fastest growing System Integration Company in the region as Preferred Reseller for Tagetik 4 covering Budgeting, Planning, Forecasting, Consolidation and Collaborative Disclosure Management. UAE....
Asset Refinancing – Defining liquidity and valueWhile it may be the case that remortgaging the assetss runs counter to the entrepreneurs quest for ownership, releasing dormant value is the wise and obvious step for ensuring...
Crafting your competencies in accountingCompanies across the globe have realized that when it comes to hiring accounting personnel, there is a distinctive gap to fill between qualifications and employability. For an aspiring accountant,...
FROM TRAINEE TO WHIZ KID – tips for tapping intoIncreasingly, the role of the senior finance professional is changing,with more and more responsibility for company direction – and the job of CFO often seen as an ideal training...
IFRS 11 to cause ‘revenue fall’IFRS 11 Joint Arrangements could cause a material fall in reported revenues, assets and liabilities for financial year 2013 for some European companies when it becomes compulsory in the...
IASB issues interim IFRS 14THE INTERNATIONAL Accounting Standards Board (IASB) has begun a public consultation of its review of IFRS 3: Business Combinations and also issued an interim standard IFRS 14: Regulatory Deferral...
IPO activities ignite marketDFM and NASDAQ Dubai discusses the role of listings in diversifying investment opportunities and achieving sustainable growth. THE IPO sector in the UAE is on the verge of a...
Competency checkRita Rizk assesses the benefits of Psychometric Test… a controversial tool that measures individuals’ work skills, attitude and personality traits. WHEN I introduce myself as a psychologist, people often...
Governments eye property taxesLevies on purchases of prime assets to help plug fiscal deficits, research by tax and audit firm UHY states… THE UAE levies some of the lowest property purchase taxes...
Leases face modificationCREDIT RATING firm Fitch has predicted the proposed lease accounting changes will induce lessees to restructure the leases they sign up to. The proposed standard, as published in the...
Foreign exchange risk and hedgingWill Spinney explores some of the concepts and issues around currency conversations on normal trading transactions… AS AN accountant you will no doubt have many years experience recording the...
Dynamics of IR frameworkSustainability council says Integrated Reporting expected to change how investors value business… THE RECENT launch of the Consultation Draft of the Integrated Reporting (IR) framework is set to challenge...
No tone from the topDeloitte study shows 67% of Middle East directors do not believe that CEO succession planning is being addressed effectively by their board… THE DELOITTE Global Centre for Corporate Governance...
GCCAAO in landmark deal with ICAEWAgreement to see development of world-class monitoring system and support creation of a framework to monitor application of international audit standards in GCC states… THE GULF Co-operation Council Accounting...
Mena faces hurdles over FATCADeloitte says new US tax compliance a challenge for financial institutions in the Middle East, no regional government close to an agreement with the US treasury… BY THE end...
CFOs face more regulationCFOs WILL face many challenges in the future, including global economic uncertainty and volatility, fluctuating energy prices, and turbulent currency markets, along with a shift in economic power, according...
IMA reacts to proposed code of ethicsTHE INSTITUTE of Management Accountants (IMA) has issued a public letter in reaction to proposed changes to code of ethics made by the International Ethics Standards Board for Accountants...
‘Get going. Move forward’Khalil Fawaz’s journey from CFO to CEO of Morgan International is awe inspiring and worthy of admiration DETERMINATION AND the right educational background can account for a lot in...
