Download e-book for iPad: Accounting, Finance, and Taxation in the Gulf Countries by W. Abdallah

By W. Abdallah

ISBN-10: 023061454X

ISBN-13: 9780230614543

ISBN-10: 1349738298

ISBN-13: 9781349738298

This e-book makes a speciality of how multinational businesses can plan and deal with their foreign company within the Gulf international locations. vital problems with accounting, auditing, finance, taxation, advertising and marketing, and managerial concerns are coated in all of the chosen Gulf countries.

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Additional resources for Accounting, Finance, and Taxation in the Gulf Countries

Sample text

Managing Multinationals in the Middle East: Accounting and Tax Issues. Westport, CT: Quorum books. Abed, George T. and Hamid R. Davoodi. 2003. ” International Monetary Fund. Al-Khatar, Khalid and Kamal Naser. 2003. ” Managerial Auditing Journal 18 (6/7): 538–549. Al-Qahtani, Abdulla K. 2005. ” Managerial Auditing Journal 20 (3): 217–226. M. 2001. ” Journal of Financial Regulation and Compliance 9 (3): 253–273. Al-Yahya, M. 1993. Kuwait: Fall and Rebirth. London: Kegan Paul. American Accounting Association.

Another trend is the growth 40 WAGDY M. ABDALLAH of emerging markets in Europe and the Gulf countries, such as the EC market and the GCC. Securities markets are fundamental elements of the transition to a global economy, including the privatization of governmentowned business entities and the need to attract foreign investments. A key factor influencing accounting systems and practices in the Gulf countries was the emergence of securities markets, and the need for reliable and relevant financial information to help investors and creditors in making right decisions.

Another common factor among the Gulf countries, which gives them considerable advantage over the European Economic Union, is that they share almost the same level of economic development. The GCC stated seven objectives, mentioned in chapter 1, combined with two interesting policy goals that are to establish a common market by 2007 and a common monetary unit by 2010; however, at the time of writing this book (2008), neither the first one is achieved nor any preparation for the second has started.

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Accounting, Finance, and Taxation in the Gulf Countries by W. Abdallah


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