Businesses in Kuwait need to start considering VAT and IFRS 15 now, with only ten months to go before the implementation date.

15 February 2017 Business leaders from across Kuwait gathered together at an ACCA event this week (14 February) to discuss IFRS 15 and its impact on Revenue Recognition, along with the impending introduction of VAT. The International Accounting Standards Board (IASB) and the US Financial Accounting….