Audit & Assurance Services
IFRS advisory implementation
nternational Financial Reporting Standards (IFRS) are quickly getting momentum with global acceptance. The world is assessing these standards, and their potential implications and benefits have been recognised, including economics, banks, insurance, investment, real estate, and other multiple sectors. Companies are hugely benefited from IFRS because the investors and financial institutions are more likely to put money into a company if the companies’ business practices are transparent. With the advent of the global economy, IFRS implementation services have played a significant role in meeting financial reporting requirements.
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.