The Game of Chess and Business
“The Game of Chess and Business” By Alia Noor, FCMA, CIMA, MBA, Oxford fintech programme, GCC VAT Comp Dip,COSO Framework. Associate Partner Ahmad Alagbari Chartered Accountants, UAE Founder xpertsleague Game of chess is a Mind Game and you have a picture of how the…
Re-assessment or lease modification?
Re-assessment or lease modification? By Adil Khan Manager Audit and Assurance Services,Mazars Abu Dhabi, UAE It is sometimes very crucial to determine, whether the scenario in place would be treated as re-assessment or lease modification. In this article I would like to through light…
EBITDA-Alternative Performance Measure!
EBITDA- Alternative Performance Measure! By Tom Clendon, ACCA SBR online lecturer, UK In our highly regulated world, financial statements of UK quoted companies must be drawn up and published in accordance with IFRS GAAP. Thus, the format of the income statement is prescribed and standardised….
IFRS 13 Fair Value Measurement
IFRS 13 Fair Value Measurement By Tom Clendon, ACCA SBR online lecturer, UK This article looks at the standard on fair value measurement and considers its application. The objective of the standard is to provide a single source of guidance for fair value measurement where it…
Definition of “Control” under IFRS 10
Definition of “Control” under IFRS 10 By Adil Khan Manager Audit and Assurance Services,Mazars Abu Dhabi, UAE This article focuses exclusively on the definition of “the Control” as defined under IFRS 10 “Consolidated Financial Statements”. The change to the definition of control in IFRS…
IFRS 2- Share Based Payments
IFRS 2 -Share Based Payments By Tom Clendon, ACCA SBR online lecturer, UK When it comes to accounting for equity settled share based payments, there are a number of confusing issues. One is how the numbers are calculated when staff leave. A second confusion can…
IAS 32 -Financial Instruments Presentation
IAS 32 “Financial Instruments: Presentation” By Adil Khan Manager Audit and Assurance Services,Mazars Abu Dhabi, UAE The fact about the financial instruments complexity relating to presentation, recognition/derecognition and measurement of financial instruments, i encountered number of instances, when the Company faces impediment for appropriate…
IFRS 16 lease Accounting- Changes Implementation and Compliance for Companies.
IFRS 16 lease Accounting- Changes Implementation and Compliance for Companies. By Alia Noor, FCMA, CIMA, MBA, Oxford fintech programme, GCC VAT Comp Dip,COSO Framework. Associate Partner Ahmad Alagbari Chartered Accountants, UAE Founder xpertsleague IFRS 16 became effective for annual periods beginning on…
COVID-19 IMPACT- Why and How to Do Business Valuation
COVID-19 IMPACT- Why and How to Do Business Valuation By Alia Noor, FCMA, CIMA, MBA, Oxford fintech programme, GCC VAT Comp Dip,COSO Framework. Associate Partner Ahmad Alagbari Chartered Accountants, UAE Founder xpertsleague “Valuing a business is part art and part science.”— Warren Buffett Why…
ISA 600 (Revised) – A timely IAASB initiative for Financial Reporting in the Tourism Industry
ISA 600 (Revised) – A timely IAASB initiative for Financial Reporting in the Tourism Industry By Zayd Maniar , International Liaison Partner at Crowe UAE The International Auditing and Assurance Standards Board has released an exposure draft of a standard for improving the…
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