UAE's corporate tax will instill financial discipline too

In his latest Gulf News feature, Saad Maniar, CEO of Baker Tilly UAE, examines five uncomfortable truths about audit quality and the challenges facing the audit profession. The article explores the limitations of audits, human bias, systemic pressures, efficiency-driven compromises and stakeholder expectations, highlighting the importance of professional skepticism, integrity and accountability. Maniar argues that strengthening audit quality in the UAE requires a culture that prioritises trust, transparency and courage, helping businesses, regulators and stakeholders build greater confidence in financial reporting and the wider business ecosystem.