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Key Steps accountants should take to guide SMEs out of the Covid-19 Crisis

In the present situation where the whole world has come to a stop, it is now more important than ever to have savings in hand. There will be a massive impact felt due to the coronavirus, and businesses need to be ready for any situation which comes their way. It is because of this reason ... Read more Key Steps accountants should take to guide SMEs out of the Covid-19 Crisis

Accounting For Covid-19-Related Rent Concessions

Covid-19-Related Rent Concessions for Lessees, published by IASB on May 28, 2020: Purpose: As a result of the Covid-19 pandemic, many lessors are providing rent holidays / concessions to lessees. Rent Concessions can be in the form of rent waivers, lease payment deferrals or one-off rent reductions. Prior to the amendment, such concessions may fall ... Read more Accounting For Covid-19-Related Rent Concessions

ESR Filing Deadlines

For ease of reference we have set out below details of the requirements to notify as communicated by the selected regulatory authorities, together with the deadline: Regulatory Authority Who is required to file Deadline ADGM Only entities/ licensees that are carrying out relevant activity By 30 June 2020 DAFZ All entities/ licensees, including those who do not undertake relevant activity ... Read more ESR Filing Deadlines