ESG reporting requirements UAE now apply to most listed and ADGM-regulated companies, but the rules are not the same across DFM, ADX, and ADGM. This article covers who must report and when, which frameworks (GRI, TCFD, IFRS S1/S2) each regulator expects, and how the new Federal Climate Law adds a
Budgeting forecasting services in Saudi Arabia now carry a compliance dimension most in-house teams weren’t built for. This article explains what FP&A consulting actually delivers versus what your internal team handles, covers the three core outputs every KSA finance function needs, and details the most common gaps Prima Consulting finds
IFRS 18 financial statements replace IAS 1 for annual periods starting 1 January 2027. This standard restructures the income statement into five defined categories of income and expense, mandates an operating profit subtotal, and brings management-defined performance measures like “adjusted EBITDA” into the audited financial statements for the first time.
TL;DR IFRS 2 compliance is critical to avoid common audit issues and accounting gaps in share-based payments. This article outlines typical IFRS 2 mistakes related to stock options, vesting, and fair value measurements. You’ll find a practical checklist to help identify and fix errors in IFRS share-based reporting. Understanding these
IFRS 15 scenarios show how companies apply the five-step revenue recognition model to real contracts involving bundled services, variable pricing, and performance obligations examples. This guide breaks down revenue recognition case studies from technology, e-commerce, construction, and telecommunications sectors showing when to recognize revenue over time versus at a point
The basics of IFRS 3 business combinations are covered in this guide, showing you how to apply business combination accounting, the acquisition method IFRS 3 requires, and the key steps in practice. You’ll understand how to identify the acquirer, determine the acquisition date, measure the consideration transferred (including purchase consideration
The IASB updates 2026 have already started hitting financial statements. Four amendments became mandatory on 1 January 2026, covering IFRS 9, IFRS 7, IAS 21, and Annual Improvements Volume 11. This digest covers what each change requires, who is in scope, and the status of active exposure drafts — including
ECL model validation under IFRS 9 is what separates banks that pass audits cleanly from those that spend Q4 in remediation mode. A Big Four auditor checks five areas: governance and documentation, PD/LGD/EAD methodology, forward-looking overlays, backtesting results, and management overlay justification. For each area there’s a clear line between
The 12-month ECL vs lifetime ECL decision drives how much your entity provisions under IFRS 9 — and it’s one of the most misapplied choices in practice. Stage 1 assets use 12-month ECL; Stages 2 and 3 require lifetime ECL once a significant increase in credit risk (SICR) has occurred.
The pd lgd ead ifrs 9 framework is how banks calculate expected credit loss under IFRS 9 — but knowing the formula (ECL = PD × LGD × EAD) is not the same as knowing how each input is built. This article covers how probability of default is estimated using
