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What Is a Reserve Fund Study and Why Every Dubai Community Needs One

September 1, 2026/

A residential tower may look perfectly maintained today, but its elevators, HVAC systems, pumps, waterproofing, façade, swimming pools, and other shared assets will not last forever. Eventually, major building components need refurbishment or replacement—and those costs can be substantial. For jointly owned properties and residential communities in Dubai, waiting until...

How Asset Tagging Cuts Reconciliation Time During Statutory Audits

August 28, 2026/

For finance teams, one of the most time-consuming parts of preparing for a statutory audit can be fixed asset reconciliation. An auditor selects an asset from the fixed asset register and asks to see it physically. The finance team then has to determine where it is located, which department has...

Year-End Fixed Asset Reconciliation Checklist for UAE Finance Teams

August 25, 2026/

As the financial year draws to a close, finance teams across the UAE face an important task: ensuring that the fixed assets recorded in the books accurately match the assets the business actually owns and controls. Laptops may have moved between employees. Machinery may have been transferred to another location....

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