Operational Risk Management in a Low Oil Price Scenario
Operational Risk is the potential of loss arising due to failures in systems, people and / or operational processes which can result in an impact on People, Assets / Production, Environment or Reputation. Operation Risk Management (ORM) is the means and processes...
Change Management – The Secret Weapon for a Volatile Business Landscape
Artificial Intelligence and end-to-end automation seem to be the buzz word in business and technology circles these days. These are technologies that are bringing about radical changes to the way businesses are run on a day to day basis.The operational efficiency and...
Standards of Innovation in Auditing
The world of Auditors is becoming dramatically a competitive cutthroat that lead certification authorities of auditing to differentiate themselves by bringing out few added values. But, today most of the auditors in UAE keep their focal point on compliance rather than...
VAT: Let’s Show the Way to Get Prepared..!
The prospects of a federal corporate tax and value added tax (‘VAT’) regime is gaining momentum in UAE. The launch of the new VAT system will not only just affect consumers, but also will have a wider impact on businesses. While it’s still early for companies to make...
Administrative and Procedural Aspects of VAT
In the last couple of artilcle, I had covered about VAT rollout, the structure of VAT, VAT thresholds, likely impact of VAT on intra-GCC trade, exports to non-GCC countries and on inflation. In this and subsequent issues,I plan to write about the administrative...
M&A Transaction in Retail and Consumer Sector
This review covers the mergers and acquisitions made between 1-Jul to 30-Sep-2016 in the global retail and consumer goods sector for transactions, for which the deal value has been disclosed. The M&A data have been collated from company press releases and...
Trade Financing GAP for Small-Mid Enterprises
As governments around the world look to small and mid-size enterprises as engines of growth, trade and job creation, a significant challenge stands in the way: hundreds of billions of dollars of pent-up demand for trade finance. This financing can be used as export...
Combating Trade Based Money Laundering
The FATF has defined “Money Laundering” as the processing of criminal proceeds to disguise their origin in order to legitimize the illegally-gained proceeds; and “Trade Based Money Laundering” (TBML)as the process of disguising the proceeds of crime and moving value...