Company name: Emaar Properties UAE A brief Profile of the Company Emaar Properties PJSC is one of
Question:
Company name: Emaar Properties UAE
A brief Profile of the Company
Emaar Properties PJSC is one of the world's leading real estate development companies, with a diversified portfolio that includes residential, commercial, hospitality, and leisure assets. The company is headquartered in Dubai, United Arab Emirates, and has operations in over 30 countries. Emaar Properties was founded in 1997 and listed on the Dubai Financial Market in 2000. The company has a strong track record of growth and profitability, and is one of the most valuable companies in the Middle East
Question: Scan through the Annual Reports of the company and state how the company follows the IFRS.
- When did this company adopt the IFRS.
- Why did this company adopt the IFRS.
- Briefly narrate the process of IFRS adoption and the hardships, if any, the company had to face in the switchover process.
- List down the advantages this firm has from the adoption of IFRS
- List down the disadvantages this firm has from the adoption of IFRS
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay