https://the-accountant.net/A daily-curated ledger of accounting, IFRS, internal controls and UAE/MENA regulatory news.enFri, 12 Jun 2026 12:56:04 +0000https://www.thenationalnews.com/business/money/2026/06/12/uae-corporate-tax-how-one-companys-bonus-could-set-a-precedent/thenational_general-1963Fri, 12 Jun 2026 00:00:00 +0000Emirates bonus announcement may informally shape FTA interpretation of reasonable employee compensation deductibility. Worth monitoring for transfer pricing and tax-planning implications in your jurisdiction. (The National)https://www.frc.org.uk/news-and-events/news/2026/06/investigations-into-the-conduct-of-individual-accountants-auditors-and-firms-in-relation-to-market-financial-solutions-and-connected-companies/frc_news-1870Thu, 11 Jun 2026 00:00:00 +0000FRC investigation into auditor and accountant conduct signals potential breach of professional standards; comparable cases inform judgement on similar risk areas. (FRC)https://www.frc.org.uk/news-and-events/news/2026/06/investigation-regarding-the-conduct-of-a-member-in-relation-to-po-ferries-division-holdings-limited/frc_news-1791Wed, 10 Jun 2026 00:00:00 +0000FRC enforcement action against an audit firm member over P&O Ferries audit conduct; informs judgement on auditor independence and engagement quality expectations. (FRC)https://www.frc.org.uk/news-and-events/news/2026/06/investigation-regarding-an-audit-of-wh-smith-plc-by-pricewaterhousecoopers-llp/frc_news-1706Tue, 09 Jun 2026 00:00:00 +0000FRC audit investigation signals potential audit quality or judgement issues; informs assessment of similar high-profile client audits and auditor governance. (FRC)https://www.grantthornton.global/en/insights/articles/ifrs-2-insights/presentation-and-disclosure-of-share-based-payment-transactions/grant_thornton_ifrs-1057Fri, 29 May 2026 00:00:00 +0000Big 4 guidance on IFRS 2 presentation and disclosure — relevant if your group has material share-based compensation plans. (Grant Thornton)https://www.frc.org.uk/news-and-events/news/2026/05/sanctions-28-05-2026/frc_news-954Thu, 28 May 2026 00:00:00 +0000UK regulator sanctions against major audit firm and partner; relevant precedent for audit quality expectations and enforcement risk assessment. (FRC)https://www.thenationalnews.com/business/economy/2026/05/23/whos-in-charge-understanding-control-in-uae-corporate-tax/thenational_general-742Sun, 24 May 2026 00:00:00 +0000FTA clarifies substance-over-form test for director and officer roles in connected-party deductions under UAE corporate tax—directly affects transfer pricing compliance and disclosure obligations. (The National)https://www.icaew.com/technical/corporate-reporting/corporate-reporting-resources/by-all-accounts/articles/2025/ukeb-seeks-stakeholder-engagement-on-the-draft-endorsement-assessment-of-ifrs18icaew_insights-203Sun, 17 May 2026 00:00:00 +0000UK endorsement of IFRS 18 is in public comment phase. Material if your group reports under UK-adopted standards or plans a UK subsidiary transition. (ICAEW)https://mof.gov.ae/en/news/ministry-of-finance-announces-targeted-amendments-to-einvoicing-system-decisions/uae_mof_news-70Sun, 10 May 2026 00:00:00 +0000The UAE eInvoicing deadline extension requires accounting service providers to update their compliance schedules and track new implementation dates. (UAE MoF)https://www.frc.org.uk/news-and-events/news/2026/05/findings-12-05-2026/frc_news-30Fri, 01 May 2026 00:00:00 +0000FRC enforcement action against senior finance officers for accounting failures provides instructive precedent on director duties and integrity standards. (FRC)https://www.grantthornton.global/en/insights/articles/example-interim-condensed-consolidated-financial-statements-2026/grant_thornton_ifrs-21Thu, 30 Apr 2026 00:00:00 +0000Big 4 worked example showing current IFRS interim reporting format and disclosures—useful reference for drafting your own interim statements. (Grant Thornton)https://www.grantthornton.global/en/insights/articles/ifrs-18-classification/grant_thornton_ifrs-18Wed, 29 Apr 2026 00:00:00 +0000Big 4 technical deep-dive on IFRS 18 classification rules—essential reading for P&L restructuring and restatement planning ahead of mandatory adoption. (Grant Thornton)https://the-accountant.net/pwc_ifrs_talks-17Wed, 29 Apr 2026 00:00:00 +0000PwC's worked example and early-adoption lessons on IFRS 18 presentation mechanics offer practical implementation guidance for transition planning. (PwC)https://www.grantthornton.global/en/insights/articles/ifrs-15-insights/principal-versus-agent-considerations/grant_thornton_ifrs-12Mon, 27 Apr 2026 00:00:00 +0000Big 4 deep-dive on a persistent IFRS 15 application question; resolves real classification disputes in practice. (Grant Thornton)https://www.grantthornton.global/en/insights/articles/example-sustainability-related-financial-disclosures-2025/grant_thornton_ifrs-11Fri, 24 Apr 2026 00:00:00 +0000Big 4 worked examples on IFRS S1/S2 application — clarifies practitioner questions on metric selection and disclosure sequencing. (Grant Thornton)