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07 July 2016

The UK’s vote on June 23rd to leave the European Union sent shockwaves through financial markets and the reverberations will continue for some time to come. Over the last few days we witnessed Mark Carney, President of the Bank of England, pledging GBP 250 billion to stabilise markets, the ECB...

04 May 2016

We know the commodity price slump has hit the oil and gas sector hard, but how are mining companies faring in 2016 so far? In the latest edition of BDO's Natural Resources Record, our team focuses on challenges and opportunities facing the mining industry, from a recap of the sector's premier...

03 May 2016

In May 2011 the International Accounting Standard Board (IASB) issued IFRS 11 Joint Arrangements, which superseded IAS 31 Interests in Joint Ventures and SIC-13 Jointly Controlled Entities – Non-Monetary Contributions by Venturers. Because this treatment was rules-based, rather than principles...

03 May 2016

On 13 January 2016, the IASB issued IFRS 16 Leases, which supersedes IAS 17 Leases, IFRIC 4 Determining whether  an  Arrangement  contains  a  Lease,  SIC  15  Operating  Leases-Incentives  and  SIC  27  Evaluating  the Substance of Transactions Involving the Legal Form of a Lease.  Our global...

29 March 2016

It was recently announced that VAT is being implemented in the United Arab Emirates from 1 January 2018. The rate will be 5%. The rate will be 5% Healthcare, education and some basic food items will be exempt. 

14 April 2015

BDO has put together global insights on various amendments and standards relating to IFRS.

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