Tuesday 21 November 2017
 
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Accounting

VAT in the GCC: Are your accounting systems ready?

Compliance with the UAE VAT Law may require significant changes to a business’ technology, operations, financial management and bookkeeping practices. The law, which comes into effect across the six GCC nations on January 1,

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Tamkeen relaunches new scheme for accounting start-ups

Bahrain's labour fund Tamkeen has recently announced the relaunch of “Mohasaba” scheme as a business development support programme in accounting and auditing services for start-up, scale up and mature enterprises.  

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Tamkeen relaunches new scheme for accounting start-ups

Bahrain's labour fund Tamkeen has recently announced the relaunch of “Mohasaba” scheme as a business development support programme in accounting and auditing services for start-up, scale up and mature enterprises.  

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Accountancy profession ‘must prepare for AI’

Artificial Intelligence (AI) will transform accountancy and the profession needs to needs to accept that machines will take over more and more decision-making tasks from humans, and work out how to harness this, a report said. Whi

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KPMG in Bahrain offers new accounting solution for SMEs

KPMG in Bahrain, an audit, tax and advisory firm, has launched its Enterprise Accounting Solution (EAS) in line with its ongoing initiatives to support the small and medium enterprises (SMEs). The new service utilises the advanced techn

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KPMG in Bahrain offers new accounting solution for SMEs

KPMG in Bahrain, an audit, tax and advisory firm, has launched its Enterprise Accounting Solution (EAS) in line with its ongoing initiatives to support the small and medium enterprises (SMEs). The new service utilises the advanced techn

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KPMG reports 10.7pc growth in region

KPMG in the Middle East and South Asia (MESA) region has reported a 10.7 per cent growth in aggregated revenues of member firms across the region for the fiscal year ended September 30, 2016. This is the third consecutive year for the r

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Etihad inaugurates dedicated revenue accounting centre

UAE's Etihad Airways has announced the official opening of its dedicated Revenue Accounting Centre of Excellence in Al Ain, UAE. The centre, known as Global Business Service Solutions (GBSS), aims to become a pioneer in revenu

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New lease accounting standards ‘will bring transparency’

The new lease accounting standard published recently by the International Accounting Standards Board (IASB) brings added transparency to financial reporting, according to KPMG International. The new standard requires companies to bring most le

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Accountancy ‘must keep pace with digital tech’

The digitisation of the economy raises risks of marginalisation and irrelevance if the accounting profession fails to adapt digital technologies, a report has cautioned. Technology presents opportunities and risks to the future of

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