Overview
Changes in accounting practises, principles, and laws are possible in the UAE. These could include the installation of the Value Added Tax (VAT) system and the adoption of IFRS. Accounting professionals need to be aware of new developments like cloud-based accounting software, automated bookkeeping, and the use of artificial intelligence in audit and assurance in order to stay current and competitive.
Visit our website at https://maximsauditors.ae/ to learn more about the Latest accounting trends in the UAE to watch in 2023.
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