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New UAE rule: Attestation mandatory for import invoices worth Dh10,000 above; violators to face fines

New UAE rule: Attestation mandatory for import invoices worth Dh10,000 above; violators to face fines

by Danissa Guotana | Jan 20, 2023 | Accounting, Audit, Business, CFO

Companies in UAE will soon be subject to a new compliance requirement as they would be required to attest import invoices with a value of Dh10,000 and above by the UAE Ministry of Foreign Affairs and International Cooperation (Mofaic). According to a tweet issued by...
Crypto is about to change bookkeeping rules—and soon the accounting profession.

Crypto is about to change bookkeeping rules—and soon the accounting profession.

by admin | Nov 11, 2022 | Accounting

“Accounting is the language of business,” said Warren Buffett. “You have to be as comfortable with that as you are with your own native language to really evaluate businesses.” Buffett is right. Modern accounting is so important that some consider double-entry...

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