IFRS 18 takes effect January 1, 2027. Geopolitical risk is forcing impairment testing to become harder. Here’s what UAE CFOs need to know right now.
From today — June 1, 2026 — a small change in the UAE tax code creates a ripple effect through business accounting. Salik toll charges and parking fees (via Parkin) are now subject to 5% VAT. It sounds minor. It’s not. What Changed, Exactly Previously, Salik tolls and Parkin parking were exempt from VAT. They […]
The ASP appointment deadline moved to October 30, but e-invoicing Phase 1 compliance starts July 1. Here’s why most businesses are unprepared.
Geopolitical risk is an IAS 36 impairment indicator. If you have not tested goodwill, real estate, and intangible assets for impairment, your balance sheet may be overstated.
The Middle East tensions that erupted in late May 2026 have forced a quiet but critical conversation in the finance offices of UAE businesses with regional assets, investments, or operations. The question: Has your asset value fundamentally changed? If you hold goodwill, intangible assets, property, or investments with any geographic or operational exposure to conflict-affected […]
Effective June 1, 2026, the FTA extends 5% VAT to Salik tolls and parking fees. Here’s what CFOs must do.
UAE Corporate Tax Filing Season 2 is here. December year-end companies must file by September 30, 2026. The FTA is no longer in education mode.
