Asia: Accounting and Audit

Most businesses have become comfortable with UAE corporate tax filing by now.  The deadlines are on the calendar, the forms are familiar, and finance teams are well into the rhythm. What fewer businesses have stopped to check is whether the accounting software they're running can actually keep up with what's coming next.  This includes everything from transfer pricing schedules to the phased rollout of e-invoicing.  This guide explains what that readiness actually looks like for finance directors, SME owners, and compliance officers working through UAE corporate tax compliance right now.

Few areas of Indian corporate governance have witnessed such sustained regulatory tightening as related party transactions ("RPTs"). The Companies Act, 2013, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("LODR Regulations"), and a steady stream of SEBI circulars (most recently the Industry Standards on Minimum Information for RPT approval ) have together created a framework that is both rigorous and unforgiving. The framework is built on a single premise: RPTs must be approved before they are entered into — not after.

自2023年《公司法》修订以来，存续多年的法定监督机构——监事会，正在悄然“退场”。2025年至今，A股五家上市保险公司已先后取消监事会，将其职权转由董事会审计委员会行使，部分非上市保险机构与银行业亦相继跟进。这一变革绝非简单的机构裁撤，而是公司治理结构由“双层制”向“单层&#

Seller rollover is a familiar feature of private equity deals. In a typical US sponsor-led acquisition, the seller takes most of the price in cash and reinvests the balance in the post-acquisition business. The seller keeps exposure to future upside, and the sponsor keeps continuing shareholders aligned with the new owners.

Compulsorily Convertible Preference Shares (“CCPS”) are frequently used by companies to raise capital. Whether a mere accounting reclassification of CCPS from borrowings to share capital and securities premium as mandated under Indian Accounting Standards (‘Ind-AS’)— without receipt of any fresh consideration—can trigger taxation under section 56(2)(viib) of the Income-tax Act, 1961 (“the Act”)?

In the September edition of our monthly newsletter “Legalaxy”, our team analyses some of the key developments in securities market, banking and finance, labour, foreign investment and maritime

As disputes increasingly rely on vast datasets, expert witnesses face mounting pressure to defend not just their conclusions, but the data foundations beneath them. When courts scrutinize data extraction, transformation, and reliability with the same rigor as expert reasoning, can traditional forensic approaches still withstand challenge?

You receive an urgent email from the CEO requesting a payment be processed before the end of the day. The email looks genuine, the writing style appears familiar, the address is correct and relevant supporting documentation is attached.

Trust accounts hold significant funds on behalf of clients across legal, real estate, and strata management sectors, yet weak controls and high transaction volumes create...

When a Queensland money order is granted, creditors face critical decisions about which enforcement method will most effectively recover the debt. The choice between redirection warrants, earnings orders, property seizure, or enforcement hearings depends on the debtor's asset profile, liquidity, and the cost-effectiveness of each approach.

Construction businesses can appear profitable while facing severe cash flow crises. Victor Zhou, a fractional CFO specializing in construction, reveals why cash shortages develop in building and development firms, how to spot warning signs before it's too late, and why securing additional funding often masks deeper structural problems that continue draining resources.

Summary judgment offers Queensland creditors a powerful tool to resolve debt recovery litigation without a full trial, but success requires more than proving an unpaid debt. Courts demand clear evidence that the defence has no real prospect of success and that judicial determination of factual disputes or credibility issues is unnecessary. Understanding when to apply, what evidence strengthens your case, and which common mistakes undermine otherwise strong applications can mean the difference between swift