What is FRS 101? FRS 101 is a UK Financial Reporting Standard that allows qualifying entities to prepare their individual financial statements using the recognition and measurement principles of International Financial Reporting Standards (IFRS) but with reduced disclosures. This standard aims to simplify financial reporting for subsidiaries and parent companies within groups, making it easierContinue reading “Frequently Asked Questions | FRS 101 | Insights – UK”
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Frequently Asked Questions | FRS 103 | Insights – UK
What is FRS 103? FRS 103 is the Financial Reporting Standard applicable to insurance contracts in the UK. It combines the requirements of FRS 102 with specific provisions for insurance contracts, helping insurance companies and entities that issue insurance contracts to comply with accounting and reporting requirements. Who Needs to Comply with FRS 103 inContinue reading “Frequently Asked Questions | FRS 103 | Insights – UK”
Frequently Asked Questions | Capital Gain Tax | Insights – UK
What is Capital Gains Tax (CGT)? Capital Gains Tax (CGT) is a tax on the profit made from selling or disposing of an asset that has increased in value. It is the gain that is taxed, not the total amount received. Common assets subject to CGT include property (that is not your main home), shares,Continue reading “Frequently Asked Questions | Capital Gain Tax | Insights – UK”
Frequently Asked Questions | Tax Advisory | Insights – UK
Q: What services do tax advisors provide? A: Tax advisors offer a range of services including tax planning, compliance, consulting on tax-efficient strategies, and representation in dealings with tax authorities. They help both individuals and businesses minimise their tax liabilities while ensuring compliance with UK tax laws. Q: Why should I hire a tax advisorContinue reading “Frequently Asked Questions | Tax Advisory | Insights – UK”
7 Strategies for Success with Accounting Advisory in Riyadh, KSA
The dynamic business landscape of Riyadh, KSA, pulsates with exciting opportunities. Yet, navigating the intricacies of financial regulations, taxation, and accounting practices can pose a significant challenge. For businesses seeking to establish a foothold or propel their growth in this vibrant market, partnering with a reliable accounting advisory firm can be the key to unlockingContinue reading “7 Strategies for Success with Accounting Advisory in Riyadh, KSA”
Dubai’s Real Estate Advisory: 9 Rules and Regulations You Must Know
Dubai’s real estate market offers exciting opportunities for investors and residents alike. However, navigating its legal framework is crucial for a smooth and successful transaction. Here, we explore nine essential rules and regulations to keep in mind when venturing into Dubai’s real estate landscape: 1. Ownership Rights: 2. Foreign Ownership: 3. Transaction Fees: 4. Off-PlanContinue reading “Dubai’s Real Estate Advisory: 9 Rules and Regulations You Must Know”
The 3 Pillars of Business Valuation Services: A Comprehensive Guide
Business valuation is a critical process that provides an estimate of the economic value of a business or company. In Dubai’s vibrant and diverse business landscape, understanding the principles of business valuation is essential for investors, entrepreneurs, and stakeholders. In this comprehensive guide, we explore the three pillars of business valuation services, offering insights intoContinue reading “The 3 Pillars of Business Valuation Services: A Comprehensive Guide”
Comparing the 4 Key Differences: Feasibility Study vs. Due Diligence in Dubai
Dubai’s business environment fosters innovation and attracts entrepreneurs and investors globally. Before committing resources to a new venture or investment, however, a thorough understanding of its viability is crucial. Here, we compare two key processes that provide valuable insights for informed decision-making: Feasibility Studies and Due Diligence. 1. Purpose: 2. Scope: 3. Timing: 4. Outcome:Continue reading “Comparing the 4 Key Differences: Feasibility Study vs. Due Diligence in Dubai”
Top 7 Insights from Dubai’s Leading Real Estate Consultants
Dubai’s real estate market is dynamic and ever-evolving, influenced by a myriad of factors including economic trends, government policies, and global market conditions. As one of the leading real estate markets in the world, insights from Dubai’s top real estate consultants are invaluable for investors, developers, and homeowners alike. In this article, we delve intoContinue reading “Top 7 Insights from Dubai’s Leading Real Estate Consultants”
Corporate Finance Risk Management: 5 Essential Strategies for UK Businesses
In the realm of corporate finance, risk is an ever-present factor that can significantly impact the performance and longevity of businesses. From market volatility to regulatory changes, various risk factors pose threats to financial stability. For UK businesses, amidst economic uncertainties and geopolitical shifts, adopting robust risk management strategies is imperative. This article delineates fiveContinue reading “Corporate Finance Risk Management: 5 Essential Strategies for UK Businesses”
Finance Advisory 