Updates

Requirement to file your DMCC Audit report for Year End 2018

In accordance to the Implementing Regulations in DMCC, Requirement No. 4.1 : SUBMISSION OF AUDITED FINANCIALS, all DMCC member companies including subsidiaries and branch companies are required to submit its Audited Financial Statements report and Audited Financial Statements Summary Sheet to the authority within 90 days after the end of each financial year. These reports must be certified by a …

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IFRS 16 CONTRACT LEASES

In line with our commitment to comply with the IFRS 16 updates, Asad Abbas & Co. (Chartered Accountants) has conducted training for its highly qualified accountants and auditors on the 30th December 2018, just right after the seminar held and conducted by the Chartered Accountants and Auditors in the UAE. The purpose of the seminar …

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IFRS 16

Asad Abbas & Co. (Chartered Accountants) ensures that all its highly qualified accountants and auditors are well equipped with this new regulation. IFRS 16, Effective January 1,  2019, will kick off and it is required, that all businesses comply with this regulation. On Saturday, 15th November 2018, there are significant members attended the IFRS 16 …

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