9071 18 sep the national Sing to your own tune: Fafa on why UAE artists need to back their original music UAE's new music royalty licensing rules starting December 1 affect how venues pay for music rights and how artists receive payments. 4

8985 18 sep grant thornton Inventory discounts and rebates Big 4 practitioner commentary on IAS 2 inventory accounting treatment. Useful reference but not a new standard or enforcement case. 4

8912 16 sep journal of accountancy Government says Kwong court misread COVID tax relief law US tax dispute over COVID relief interpretation; relevant for understanding judicial limits on tax-relief extension arguments, but US-focused and not UAE-applicable. 4

8488 11 sep the national VAT in the UAE: New October regulation will change how you manage compliance New UAE VAT rules require businesses to verify supplier documents before claiming input tax, affecting how all companies process invoices. 7

8467 11 sep frc Investigations into the conduct of an individual accountant and regarding the audits of State Oil Limited (part of the Prax Group) FRC enforcement action against Big 4 auditor and individual accountant over financing-arrangement audits; signals regulator scrutiny of accounting treatments in leveraged-company contexts. 6

8463 10 sep journal of accountancy FASB updates investment company fair value reporting standard FASB clarifies fair value measurement for restricted equity securities in investment company portfolios—relevant for portfolio valuation and disclosure. 6

8413 10 sep esma ESMA consults on disclosure requirements and updates guidelines and Q&As under the Prospectus Regulation ESMA updated prospectus disclosure guidelines affecting European issuers and companies seeking to raise capital in EU markets. 4

8373 9 sep journal of accountancy PCAOB finalizes simplified quality control amendments US auditor QC standard update; relevant only if your group audits US public companies or needs to understand PCAOB inspection methodology. 4

8366 9 sep journal of accountancy Risk response often doesn't match the threat or the opportunity Survey commentary on risk maturity gaps across US business. Useful perspective on governance practice, but generic benchmarking without jurisdiction-specific or technical reporting impact. 4

8344 9 sep pcaob PCAOB Adopts Amendments to Its Quality Control Standard PCAOB quality control changes affect US audit firms; relevant for cross-border audits of UAE entities but not UAE-specific reporting obligations. 4

8255 8 sep khaleej times UAE tightens VAT rules to curb tax evasion and clarify compliance UAE VAT enforcement tightening directly affects compliance obligations for UAE entities. Requires review of current VAT practices. 7

8096 6 sep khaleej times UAE sets out how crypto payments must be converted to dirhams for VAT UAE FTA crypto-to-dirham conversion guidance for VAT: operational detail that affects reporting of cryptopayment transactions in a UAE corporate context. 7

7989 4 sep the national UAE suppliers given 24 hours to remove counterfeit goods under new anti-fraud rules New UAE anti-fraud regulations on product withdrawal timelines and enforcement procedures. Affects supply chain compliance and liability for retailers and e-commerce operators. 5

7918 3 sep pcaob At September 9 Open Meeting, PCAOB to Consider Adopting Amendments to Quality Control Standard PCAOB quality control standard amendment under consideration; relevant to audit governance but no details on scope or substance yet. 4

7883 3 sep gulf news Kuwait tightens anti-money laundering rules for gold, real estate sectors Kuwait strengthened anti-money laundering requirements for gold and real estate businesses, affecting regional compliance obligations for companies operating in those sectors. 4

7867 3 sep uae fta Federal Tax Authority Calls on All Persons Subject to Corporate Tax to File Tax Returns and Pay Due Within Specified Timeframes Standard FTA compliance reminder on filing deadlines and penalty exposure. Worth noting if your group has UAE corporate tax obligations. 4

7864 2 sep journal of accountancy FASB proposes several incremental improvements to GAAP FASB ASU proposal on ECL estimates and technical clarifications; worth tracking, but incremental scope limits immediate impact for most preparers. 4

7751 1 sep pcaob PCAOB Posts One New Inspection Report and Two Expanded Reports The PCAOB released three inspection reports revealing audit quality issues that may affect firms auditing U.S.-listed companies. 5

7701 1 sep ias plus Revised ESRSs published in EU Official Journal ESRS revision is live; material for any UAE multinational or subsidiary reporting under EU scope, but indirect for pure-UAE operators. 5

7692 1 sep ias plus Survey on investor views on cash flow information reported by financial institutions Investor-focused survey on cash flow disclosure practices; useful context for understanding regulator and standard-setter priorities, but not immediately actionable guidance. 4