Tag: cloud based accounting

Overview As a result of the implementation of the VAT system and the adoption of IFRS, accounting practises in the UAE have been changing. To be compliance with rules and stay competitive, accounting professionals need to be up on the most recent trends. Cloud-based software, automated bookkeeping, and the application of AI to audit and…

Overview Accounting trends in the UAE have been evolving, with the adoption of International Financial Reporting Standards (IFRS) and the introduction of the VAT system. Accounting professionals must be aware of the latest trends to remain compliant with regulations and stay competitive. Popular trends include cloud-based software, automated bookkeeping, and the use of AI in…