Contains use of AI, read with caution. Speaking plainly and without sugar-coating it, the ICAP council election process is structurally democratic but practically flawed. On paper, it checks the right boxes. In practice, it struggles to deliver the kind of leadership a modern, fast-evolving profession actually needs. What Works At a foundational level, the system is fair. One member, one vote is a defensible and democratic principle. The elections themselves are orderly, rule

Managing family wealth is complex, especially when multiple generations and entities are involved. In the UAE, recent updates to the...

Pakistan’s FY 2025-26 federal budget isn’t just a ledger of rupees and ratios, it’s a stress test of the government’s resolve to rein in...

Good news or you gotta go bald? Why This Matters—And Why We Didn’t Pull Punches Every June, Islamabad releases its Pakistan Economic...

Family foundations: legal vehicles often used by high-net-worth families to preserve, manage, and pass on wealth, have gained prominence...

The International Sustainability Standards Board (ISSB) has signaled its next major standard: IFRS S3 (Biodiversity, Ecosystems and...

How to Cut Your Month-End Close in Half with Cloud ERP

As digital assets gain traction across the Gulf, businesses and investors must understand the evolving tax frameworks shaping...

Intercompany reconciliation—matching intercompany transactions and balances between subsidiaries—is a perennial bottleneck in the...

Environmental, Social, and Governance (ESG) reporting has become a cornerstone of corporate transparency. Investors, regulators, and...

As day-to-day accounting tasks grow more complex—from reconciling bank feeds to answering compliance questions—AI chatbots can serve as...

On April 18, 2025, Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) officially published significant amendments to the Value-Added...

In a landmark move to enhance its competitive tax landscape, the United Arab Emirates Cabinet has issued a new decision widening the...

In May 2025, the United Arab Emirates issued Cabinet Decision No. 35 of 2025, which for the first time explicitly defines when...

As of October 2024 , the Financial Accounting Standards Board (FASB) released the 2025 GAAP Financial Reporting Taxonomy (GRT) , which...

In mid-May 2025, the House Ways and Means Committee advanced a landmark Republican tax package—nicknamed the “One, Big, Beautiful...

Introduction Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has extended its “Cancellation of Fines and Exemption of Penalties...

Deep‑Dive Guide & Practical FAQ 1 | Why this matters On 15 November 2024  Cabinet Decision 100/2024 rewrote large parts of the 2017 VAT...

Introduction For many small business owners, managing taxes is one of the most critical—and confusing—responsibilities. While most...

How to Set Up a Scalable Accounting System for Your Small Business Introduction For small and medium-sized enterprises (SMEs), a reliable...