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Amendments to IAS 12

The International Accounting Standards Board (IASB) has recently issued amendments to the IAS 12, which relate to deferred tax related to...

Who Owns Your Business?

As an entrepreneur, it is crucial to be aware that the nightmare scenario of creditors claiming ownership of your company's assets can...

Can AI and Finance coexist? What is FinTech?

Artificial Intelligence (AI) has been used in finance for several decades, with early applications dating back to the 1980s. However, the...

Changes to Disclosure of Accounting Policies

The International Accounting Standards Board (IASB) has issued amendments to the IAS 1 and IFRS Practice Statement 2, which relate to...

What is happening to ESG in 2023?

Compliance with the ESG principles began to play a significant role in making investment decisions and risk management of companies....

UAE Tax Incentives: How Government Helps Economy

Small and medium enterprises or SMEs are the growth engines for the economy of a developing or even developed nation. In the UAE, several...

Dubai Real Estate Market - Recent Trends and Statistics

In 2022, Dubai real estate sales reached almost the same amount as in the previous three years combined. According to a report by Henley...

Henry Ford Strategy for Managing Crisis

After the end of the First World War, a crisis broke out. People didn't have money to buy cars. The previously successful Ford Motor...

Applying IFRS 17

The effective date of IFRS 17 is coming close and My Best CFO Team decided to go over IFRS 17 to facilitate its application. The revised...

How To Stop Mixing Two Budgets - Business and Personal

Entrepreneurs often mix personal and business money. This leads to cash gaps and even personal and business collapse. How to avoid such...

New Guidance on The Risks Relating to Payments.

On August 1, 2022, the UAE Central Bank issued the Guidance for Licensed Financial Institutions on the Risks Relating to Payments. The...

Changes Implemented by Companies in 2022

The 2022 EY Tax and Finance Operations Survey queried 1,650 executives in more than 40 jurisdictions and a dozen industries in order to...

Insights: Blog2
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