The Aftermath of SVB Bank’s Collapse: The Crucial Role of Auditing Firms in Reducing Risks
SVB Bank’s collapse in March 2023, the second largest bank collapse in U.S history, sent shockwaves that reverberated through economies and startups all over the globe. Many were on high alert for a looming recession, but no one expected Silicon Valley Bank to be among the first banks to collapse. Silicon Valley Bank was one […]
UAE Real Estate Internal Audit: Challenges and Compliance
The UAE’s real estate sector is a dynamic and thriving industry, offering lucrative opportunities for investors and developers. However, this rapid growth and complexity also demand robust internal audit practices to ensure compliance with evolving regulations, safeguard assets, and optimize operational efficiency. The Significance of Internal Audit in Real Estate Internal audit plays a pivotal […]
Internal Audits: A Strategic Imperative for UAE Construction Companies
The United Arab Emirates (UAE) construction industry is a thriving sector, characterized by ambitious projects, rapid growth, and a complex regulatory environment. Amidst this dynamic landscape, internal audits play a critical role in ensuring compliance, mitigating risks, and enhancing operational efficiency for construction companies. The Pivotal Role of Internal Audits in the UAE Construction Industry […]
