Common accounting standards are essential for the efficient and transparent handling of information in our globalized era. Implementing IFRS (International Financial Reporting Standards) impacts all aspects of a company including, among others, financial reporting, internal controls, taxes, treasury, management compensation, cash management, and legal. It requires a transformation that involves employees, processes, and systems.
At MBG UAE, a specialized team provides expert technical advice on the applicability and implementation of various standards across company size and sectors. We effect fast implementation through high quality tools and templates. Our team provides special advisory on disclosure requirements in Financial Statements as per various standards. We also train in house finance functions on accounting treatments and the impact of standards on financial statements.
Stay one step ahead in a rapidly changing world and build a sustainable future with us.
November 25, 2022
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