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IFRS Navigating the Changes to IFRS
Each year Grant Thornton releases a comprehensive IFRS guide to the market where we cover both the new standards as well as any amendments that have been made to existing ones. This publication is designed to give preparers of IFRS financial statements a high-level awareness of recent changes to International Financial Reporting Standards.
Article Islamic accounting: A fundamental element in the growing industry
Since its inception in the 1970s, the Islamic finance industry continues to flourish into new horizons, the ethical-based concept was founded to meet the demand of a select group (yet a large population) of consumers and investors and is now recognized as a leading global segment within the global financial services industry. Islamic banking has driven much of this growth, due to the advancement and enabling infrastructure of the banking system, in addition to the collective efforts of bankers and scholars.
Article The role of the UAE
As economies look to diversify their global trade relations, the Gulf region advances as a favourable market to consider. Read the full article written by our very own Audit Partner Darren Yule.
White paper Unlocking Real Value
Unlocking real value from your financial statements is underpinned by several elements, which include the motive of the stakeholder, the ability to assess the information beyond numbers and ultimately understanding what the statement is depicting in real terms. In our whitepaper in collaboration with ACCA, we share several strategies which finance professionals can implement in order to analyse data effectively whilst unlocking real value from financial statements.
White paper Budgeting Strategies
As businesses continue to operate in an increasingly complex environment, the need to invest and drive a budgeting mindset, which will contribute significantly to the execution of a growth strategy is more so imperative than ever before. In our whitepaper in collaboration with ACCA, we share several budgeting strategies which finance professionals can implement in order to optimize the process, whilst effectively contributing to growth.
VAT VAT Law: Cabinet Decision on Designated Zones
His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, has formally has formally reviewed the related constitutions which correlate to the implementation of VAT.
VAT VAT Alert: VAT refund for Exhibitions and Conferences
This briefing contains guidance from the Federal Tax Authority on the Cabinet Decision to refund Value Added Tax (VAT) on services provided at exhibitions and conferences
INTELLIGENT BUSINESS Preparing your business for General Data Protection Regulation
The General Data Protection Regulation (GDPR) comes into force on 25 May 2018, and its reach will not be limited to the EU. Are you prepared for GDPR?
VAT VAT Alert: Director Services
This briefing contains guidance about the characterisation of director services under several models to determine whether a taxable supply of services exists for VAT purposes.
HOSPITALITY AND TOURISM Hotel Re-Generate: mega trends impacting hotels
How can hoteliers in the UAE generate new business and grow their existing market in this age of tech-disruption, shifting socio dynamics and evolving guest preferences?
INTERNATIONAL BUSINESS Investing in the Gulf region
Grant Thornton UAE assesses the recent financial reforms and investment opportunities in the Gulf region for UK investors looking further afield post-Brexit.