Accounting news in the Middle East

An overview of news, trends and research in the Accounting industry in the Middle East:

Suntech experts on a company's first corporate tax return filing in the UAE The UAE’s introduction of a federal Corporate Tax on business profits means that many companies will in the coming period be busy with their first tax return filing.
11 September 2024
Delivering the Quality Assurance and Improvement Program In any large organization, the Chief Audit Officer is responsible for quality assurance within the Internal Audit function.
09 September 2024
UAE internal audit association signs agreement with Deloitte With the aim of further professionalising the internal audit profession in the UAE, the region’s Internal Audit Association has signed a memorandum of understanding with Deloitte.
21 May 2024
Building trust in the Middle East through quality information The importance and nature of trust is evolving in the Middle East, with accurate and quality information at its core, writes PwC partner Mohamed Elborno.
12 April 2023
Transfer pricing to take centre stage in Middle East taxation As the global transfer pricing landscape becomes more sure-footed, businesses headquartered in the Middle East are still grappling with new legislation at domestic and multilateral levels.
02 September 2020
EY forced to pay out big in international money-laundering saga EY in the UAE has been ordered to pay more than $10 million in damages to a former employee who blew the whistle on an international scheme involving gold importations disguised as silver.
20 April 2020
Cybersecurity top concern among Middle East audit executives The majority of Middle East audit leaders cite cybersecurity as their most pressing concern according to the latest industry survey from Protiviti.
09 March 2020
Accounting network UHY adds members in UAE and Kuwait Accounting and consulting network UHY has expanded its Middle East presence with two not additions; James Chartered Accountants of the UAE and Pillars Advisory in Kuwait.
24 February 2020
BDO boosts global revenues to $9.6 billion with 10% rise for 2019 The world’s fifth largest accounting and consultancy network BDO has boosted its global revenues by 10 percent in 2019 to a total of $9.6 billion.
05 December 2019
Deloitte duo elected to top board roles at ICAI's Dubai chapter Professional services firm Deloitte has congratulated Anish Mehta and Sunder Nurani on their appointments to the chair and vice chair roles of ICAI’s Dubai chapter.
19 November 2019
PwC Middle East launches platform for digital risk management PwC Middle East has launched a new self-service online platform for companies to assess their exposure to digital risks.
23 October 2019
Firms in Jordan, Palestine, KSA and Egypt join global networks Accountancy and consulting networks Russell Bedford, Nexia and BOKS have added a number of new members across the MENA region.
22 October 2019
Andersen Global signs partnership agreements in Jordan and Kuwait Jordan-based legal services firm Zalloum & Laswi has joined international association Andersen Global – with the newest member in the Middle East coming on the heels of a collaboration agreement sign
08 October 2019
Accountancy network UHY adds two new members in Egypt International accountancy network UHY has followed up its recent extension into Iran with the addition of two full member firms in Egypt.
26 July 2019
KPMG Bahrain supports students attending audit simulation studies in Asia KPMG in Bahrain has sponsored four local students to attend the first ever international audit simulation programme held by Sunway TES Centre of Accountancy Excellence in Malaysia.
15 July 2019
HLB marks 50th anniversary adding Antonio Ghaleb & Partner in Qatar Global accounting and advisory network HLB has admitted a new member firm in Qatar: Antonio Ghaleb & Partner CPA.
28 June 2019
ACCA hosts UAE women in finance forum with Deloitte advocates Senior finance leaders from across the UAE have assembled for a meeting hosted by the ACCA on developing a collective vision to increase the ratio of women in finance and technology, with Deloitte’s
18 March 2019
Morison Menon in the UAE joins Kreston international network
11 January 2019
BDO revenues push $9 billion, driven by huge growth in EMEA region Accounting network BDO has announced revenues of $8.99 billion for 2018, led by growth of 17 percent in Europe, the Middle East and Africa.
13 December 2018
KPMG cops one-year ban from new auditing work in Oman KPMG in Oman has been suspended by local regulators from taking on any new audit work for one year due to a finding of ‘professional negligence’.
26 November 2018
EY Iraq to collaborate with training institute Morgan International The Iraq branch of professional services firm Ernst & Young has entered into a collaboration with accounting and audit certification provider Morgan International to enhance the availability of high-
04 October 2018
Accounting network Kreston expands in Qatar with addition of SVP
21 August 2018
Deloitte to help Dubai's finance department implement accounting standards Big Four accounting and advisory firm Deloitte has been selected by Dubai’s Department of Finance to help implement the International Public Sector Accounting Standards which seek to improve governme
18 April 2018
Shareholders of collapsed Lebanese bank take Deloitte to court in Dubai A coalition of minority shareholders from collapsed Lebanese Canadian Bank (LCB), will have their case against Deloitte heard in Dubai, in a landmark court ruling in the UAE.
06 March 2018

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