Audit & Assurance Services
Ifrs 9-financial instruments advisory/ implementation
IFRS 9 was issued in 2014 and came into force on 1 January 2018. Implications for your business Many companies will need to provide more information than they currently do to fully apply the provisions of the new standard. Implementation may also require significant resources and improvements to existing IT systems. Important decisions regarding the key provisions of IFRS 9 have to be made early in the adoption process. Application of the standard will have an impact on many business functions, including accounts, finance, analytics and the C-suite. At Alchamii we provide you all the services regarding it’s advisory and implementation.
Gpaduae is one of the leading Audit firms in Dubai / Abu Dhabi / Sharjah / Ras Al Khaimah /Ajman in UAE & across Middle East.
Our firm is well equipped and well experienced in Statutory Audit and we perform it
By combining the use of human intellect and technology, our objective is to provide the management with business insights in a concise manner so as to better manage their key performance indicators and add value to the businesses.
Although, having your annual financial statements statutorily audited as per IFRS in UAE may not be mandatory, Federal Law No (2) of 2015 on Commercial Companies in the UAE and some of the Free Zones in UAE require Companies to have their accounts audited as per IFRSs. Furthermore, with the everchanging global regulatory landscape and the introduction of VAT in UAE effective from 1 January 2018, we strongly advice our clients to have their books of accounts audited as per IFRS.