🇦🇪UAE

عدم الامتثال لمعايير IFRS 16 – معالجة العقود المركبة

2 verified sources

Definition

Financial impact analysis of عدم الامتثال لمعايير IFRS 16 – معالجة العقود المركبة

Key Findings

  • Financial Impact: AED 200,000–500,000 per audit cycle; 4–8 weeks delayed compliance filing (average audit cost: AED 100,000–150,000 + restatement penalties up to 2% of prior-year operating lease liability)
  • Frequency: Annual (during external audit)
  • Root Cause: Manual segregation of lease vs. service elements in bundled O&G service contracts; lack of system-enforced IFRS 16 classification at point of LOE entry

Why This Matters

This pain point represents a significant opportunity for B2B solutions targeting Natural Gas Extraction.

Affected Stakeholders

Finance Manager, Cost Accountant, External Auditor

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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