arbiter
JournalsPricingAccount

The impacts of introduction of VAT on the audit profession and economy in the UAE: Auditors’ perspective

Aisha Saderuddin & Yasser Barghathi

Journal of Accounting and Management Information Systems (JAMIS)2018https://doi.org/10.24818/jamis.2018.03005article
AJG 1ABDC C
Weight
0.55

What the paper says

Commencing 1st January 2018, Value Added Tax (VAT) was made effective in the UAE. The decision was made in light of the fall in oil prices and with the aim of diversifying the country's revenue to non-hydrocarbon sectors. This paper examines the impacts of introducing VAT on the audit profession and the economy in the UAE. Unlike previous studies which have viewed this topic from a business or consumer perspective, this paper examines it from an auditor's perspective. Given that this topic relates to a new policy and there isn't much literature available on it, this study explores the auditors' perceptions about the implications of this new policy on both; audit profession and the economy. This paper employs semi-structured interviews with auditors from both Big-Four as well as Non-Big-Four audit firms in order to collect data. This research, apart from being a timely and trending topic, may be useful to academicians, tax specialists, auditors, businesses and regulatory bodies. The findings of the study suggest that auditors are optimistic about VAT implementation in the UAE with respect to the growth in the economy in the long run. However, they have mixed perceptions regarding the audit profession and believe that there is no material impact on it due to VAT implementation.

10 citations

Open paper page →

Cite this paper

https://doi.org/https://doi.org/10.24818/jamis.2018.03005

Or copy a formatted citation

@article{aisha2018,
  title        = {{The impacts of introduction of VAT on the audit profession and economy in the UAE: Auditors’ perspective}},
  author       = {Aisha Saderuddin & Yasser Barghathi},
  journal      = {Journal of Accounting and Management Information Systems (JAMIS)},
  year         = {2018},
  doi          = {https://doi.org/https://doi.org/10.24818/jamis.2018.03005},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

The impacts of introduction of VAT on the audit profession and economy in the UAE: Auditors’ perspective

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.55

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.52 × 0.4 = 0.21
M · momentum0.80 × 0.15 = 0.12
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.