• AUDIT OPINIONS

    AUDIT OPINIONS

    Razan Al-Mahdi Accountant at 3A CPA LLP Understanding audit opinions might seem confusing at first, but actually, with a little plain English they’re pretty straightforward. Let’s break them down together and see. What Is an Audit Opinion Anyway? It is the auditor’s official verdict on whether a company’s financial reports are fair, accurate and compliant…

  • IFRS 18: PRESENTATION AND DISCLOSUREIN FINANCIAL STATEMENTS

    IFRS 18: PRESENTATION AND DISCLOSUREIN FINANCIAL STATEMENTS

    By Osman A. Ali Audit Associate at 3A CPA LLP The issuance of IFRS 18: Presentation and Disclosure in Financial Statements, April 2024 marks a very critical shift in how companies present financial performance. This new standard will replace IAS 1 (Presentation of Financial Statements), which has been in place for over twenty years. With…