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How to Account for Accretion

Whether it’s an individual investor or a business owner looking to increase their earning power, understanding how accretion works is essential for individual and business investors to make the correct decisions going forward. How Accretion Works for Bonds Accretion is the gradual increase of a bond’s value over time. As

5 Tips to Live a Minimalist Lifestyle

Minimalism isn’t just about owning less; it’s about finding freedom, time, and mental clarity by simplifying your life. But how do you get started on this path? Here are five tips to help you embrace minimalism: 1. Declutter One Room at a Time Instead of trying to overhaul your entire

The Role of the Finance Officer (FO)

Overview: All regulated entities in the Dubai International Financial Center (DIFC) are required to designate a Finance Officer (FO) to oversee the Finance & Accounting function to ensure compliance with International Financial Reporting Standards (IFRS) and relevant DFSA rules as contained in the PIB. The FO is an Authorised Individual under DFSA

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Tax Update: Timelines for Corporate Tax Registration

All Taxable Persons are mandated to register for UAE Corporate Tax (CT) and obtain a CT Registration Number. The Federal Tax Authority (FTA) recently issued Decision No. 3 of 2024, delineating the timelines for Corporate Tax (CT) registration by Taxable Persons. This Decision will take effect from 1 March 2024.
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