BDO Saudi Arabia, Dr. Mohamed Al-Amri & Co.

AI technology offers significant benefits for real estate firms, from cost savings to burnout reduction - and especially when applied to back-office functions. This article from BDO in the USA seeks to demonstrate how AI is enhancing the back office by exploring some of the most common use cases for AI, with reference to real estate firms. It also identifies how real estate leaders should understand and proactively address the most common roadblocks to AI success. #ArtificialIntelligence #AIinRealEstate #RealEstateTech #AIApplications #PropTech #Innovation #BusinessTransformation #RealEstateInsights #BackOfficeSolutions #DigitalTransformation #FutureOfRealEstate #TechnologyLeadership #AIImplementation

BDO announces combined global revenues of US$15 billion for the financial year ending 30 September 2024, representing a growth of +7% (in US$). Read the details here: #GlobalRevenueGrowth #BDOInnovation #SustainableGrowth #PeopleAndTechnology #LeadershipInExcellence

Hosting the FIFA World Cup 2034 marks a defining moment in the Kingdom's journey of transformation. For BDO Saudi Arabia, this is more than just a sporting achievement – it is a testament to the vision, determination, and teamwork driving our kingdom forward. The FIFA World Cup 2034 is a powerful reminder of what we can achieve together. Let’s continue to build a future full of possibilities, creating a Saudi Arabia that inspires the world. #FIFAWorldCup2034 #PeopleHelpingPeople #كأس_العالم_2034  #السعودية_2034

Deferred revenue is a liability that arises when a company receives payment in advance for goods or services that have not yet been delivered or performed. It’s a key area of debate in M&A transactions and is common in industries such as software, media, telecommunications and professional services. In this article, BDO’s experts provide guidance for buyers and sellers on how to consider deferred revenue in M&A transactions, why it is important and the key factors that influence how it is treated.  #mergersandacquisitions #deals #transactionservices

The International Accounting Standards Board (IASB) published Exposure Draft Equity Method of Accounting IAS 28 Investments in Associates and Joint Ventures (revised 202x) in September 2024. The Exposure Draft proposes a revision to IAS 28, which might significantly affect entities that apply the equity method. Entities with loss-making associates or joint ventures and entities with transactions with associates or joint ventures might be particularly affected due to the clarifications and measurement changes proposed by the Exposure Draft. #IASB #EquityMethod #IAS28 #AccountingStandards #IFRS #FinancialReporting #AccountingUpdates #CorporateFinance #JointVentures #Investments #IFRBulletin #AccountingInsights #ExposureDraft #FinanceProfessionals

As stakeholders increasingly prioritise long-term business sustainability over short-term profits, the effective integration of ESG factors into the enterprise risk management (ERM) process strengthens an organisation's resilience and ensures its own sustainability. What is less easy is knowing where to start: this article is a practical guide to effectively integrating ESG into the ERM process. #ESGIntegration #RiskManagement #SustainabilityStrategy #CorporateGovernance #EnvironmentalRisk #SocialResponsibility #GovernanceMatters #EnterpriseRiskManagement #ResilientOrganisations #ESGRiskAssessment #SustainabilityGoals #ClimateRisk #StakeholderEngagement #SustainableBusiness #RiskAppetite

We were pleased to participate in the ZATCA Conference 2024, whose theme was ‘Shaping the future for a sustainable and secure enhanced economy’. Don't hesitate to get in touch with our team and explore how we can support your business. #BDOKSA #ZATCAConference #Sustainability #SecureEconomy #FutureFocused

Although the rise of environmental and social concerns has made the sustainability transition become an imperative for businesses worldwide, the sustainability journey is not always straightforward as companies work to adapt their strategies and operations to meet the changing expectations of consumers, investors and regulators. This article from BDO Belgium’s recent sustainability survey gives some insights that can help businesses overcome these challenges to become more sustainable. #Sustainability #ESG #CorporateSustainability #BusinessStrategy #SustainableBusiness #SupplyChain #DoubleMateriality #SustainableDevelopment #Leadership #CulturalShift #EmployeeEngagement #Training #GreenBusiness #ResourceEfficiency #SustainableFuture #BusinessTransformation #EnvironmentalImpact #Governance #SocialResponsibility #BusinessChallenges #SustainabilityTransition #UpSkill #GlobalSustainability #SustainabilityLeadership

The importance of the internal audit function within the public sector cannot be overstated - but demands strategic approaches and a nuanced understanding of the sector's unique challenges if the role is to be effective. This article outlines how the new Global Internal Audit Standards draw attention to the specific responsibilities of the sector’s internal audit functions, in all jurisdictions. #InternalAudit #PublicSectorGovernance #RiskManagement #Governance #Accountability #Transparency #Compliance #AuditStandards #PublicSector #Cybersecurity #DataAnalytics #TechnologyInAudit #ProfessionalDevelopment #RiskAdvisory #AuditExcellence #PublicSectorAccountability #GovernanceFramework #InternalAuditEffectiveness #CorporateGovernance

BDO’s October 2024 edition of Indirect Tax News collates indirect tax developments around the world, including an analysis of Switzerland’s new rules on the VAT treatment of digital platforms; the state and local taxation of SaaS in the US; new climate reporting rules in Australia and a new VAT exemption for crypto transactions in the UAE. #BDO #Tax #TaxNews #GlobalTax