As we acknowledge Cyber Security Awareness Month in December, we are drawing attention to actions you can take to reduce your cyber risk and help protect yourself online.This week’s theme for Cyber Security Awareness Month is ‘It is time to take action!’While there is a multitude of threats...

The Economic Substance Regulation has two annual filing obligations for licensees within the scope of ESR.ESR notification must be filed if the business is undertaking a Relevant Activity. This applies even where the business claims exemption from ESR or does not earn any income from the Relevant...

The UAE has announced a full update of the Tax Procedures Law, with the publication of Federal Decree-Law No. 28 of 2022 on 30 September 2022. This will revoke and replace the Federal Decree-Law No. 7 of 2017 on Tax Procedures, with effect from 1 March 2023.This update comes hot on the heels of...

Running your business is a 24-hour job. It's common for business owners to get carried away in business operations, which can often result in overlooking the importance of calculating and analyzing key performance indicators (KPIs). These KPIs can provide valuable insight into the health of your...

The success of your year-end financial audit depends on the steps scaleups take many months before. Whatever actions your finance team takes throughout the year, always ask this critical question: “Is my business audit ready?”Audit readiness does more than make your auditors happy. It simplifies...

In a series of articles, we are looking at how we believe internal audit (IA) will change in the next five years. We have previously examined the importance of the team and how data analytics and artificial intelligence will drive the digital agenda. Looking forward, we will examine the...

When it comes to business protection, cyber security should always be high on the agenda. In fact, our recent Global Risk Landscape 2022 report found that over half of respondents said their business has ramped up cyber security in response to the Russian invasion of Ukraine. Major external...

To expand or contract a business as market conditions change requires flexibility, agility and foresight. For companies who want to be positioned as well as possible at the forefront of a recession, taking concrete steps now can ease the pain of an economic downturn or other unforeseen challenge....

With ongoing changes in general practice it continues to be vitally important for practices to have a robust and timely financial reporting system in place.Not only has this ensured they are prepared for further Making Tax Digital Requirements; it is also providing them with better real time...