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Impact of IFRS Convergence on Saudi Arabian Businesses Streamlining Financial Processes through Digital Transformation in Accounting

3 min read | 30 Jul 2023

The International Financial Reporting Standards (IFRS) have emerged as a globally accepted accounting framework to enhance transparency, comparability, and consistency in financial reporting. As businesses in Saudi Arabia strive to strengthen their position in the global economy, converging to IFRS becomes a crucial step towards achieving international recognition and credibility. This article explores the impact of IFRS convergence on Saudi Arabian businesses, shedding light on the challenges they might encounter during the transition and the benefits they can reap in the long run.

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We have the scope, depth, and global reach to serve businesses who are positioned to thrive in Saudi Arabia. Our team provide you with assurance services that...

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Rapid change and complexity are norms, and innovation the fuel in the technology industry. Today’s revolutions – including cloud, as-a-service, social media...

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Cyber security awareness for employees

03 Oct 2020

As cyber-attacks dominate the headlines, regulators and stakeholders are under increasing pressure to manage cyber risk. There is more to managing digital risk than relying on technology alone, during cybersecurity awareness month, we will be sharing insights on steps which businesses and employees can take to protect themselves.

We start with the actions which employees must take to protect their devices and personal data.

Download the alert [ 3222 kb ] to read further or contact our technial expert, Ahmad Al Zoubi

Download the pdf

Download PDF [1915 kb]

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