Accounting and Bookkeeping
- General Bookkeeping: Recording daily transactions, maintaining ledgers, and ensuring accurate financial data
- Accounts Payable & Receivable Management: Managing invoices, payments, and receivables to maintain smooth cash flow
- Payroll Processing: Ensuring timely and accurate payroll management
- Financial Reporting: Preparing customised reports, including Profit & Loss statements, balance sheets, and cash flow analysis.
Analysis and Audit
- Financial Statement Audits: Providing comprehensive audits for financial statements in accordance with IFRS or local UAE standards
- Statutory Audits: Conducting mandatory audits to meet regulatory requirements under UAE law
- Internal Controls Audits: Assessing the efficiency of internal controls and operational processes to improve performance and minimise risks
- Tax Audits & Reviews: Offering tax audit services to ensure your business complies with VAT and other tax laws in the UAE
Due Diligence and Assurance
- Due Diligence Services: Providing comprehensive due diligence services to assess and evaluate potential risks, liabilities, and opportunities in business transactions helping potential investors make informed decisions. This includes the assessment of financial health, risks, opportunities and inventory valuation
- Financial Statement Analysis: Examining a company’s financial statements to ensure they are accurate, reliable, and comply with relevant accounting standards (IFRS or UAE laws)
- Regulatory Compliance Reviews: Assessing the company’s adherence to relevant laws, regulations, and industry standards, including UAE laws, financial regulations, and international standards
Tax Consultation
- VAT Compliance: Assisting with VAT registration requirements, VAT filings and ensuring compliance with local VAT laws
- Corporate Tax Advisory: Offering guidance on determining tax obligations under the corporate tax system and with support in tax planning, transfer pricing, and tax optimisation strategies
- Tax Health Checks and Audits: Conducting tax health checks to ensure compliance with local tax regulations; identifying potential tax risks and recommending areas for improvement in compliance and reporting
Accounting and Bookkeeping
- General Bookkeeping: We handle the day-to-day financial recordkeeping for your business. This includes tracking and recording financial transactions, organising financial data, managing accounts payable and receivable, and performing bank reconciliations.
- Payroll Processing: Outsourcing payroll processing allows your businesses to save time, minimise errors, and focus on core operations without worrying about payroll intricacies (or: without dealing with payroll complexities). This service includes wage calculations, WPS administration, benefits administration, and payslip preparation.
- Financial Reporting: Our partners guarantee that their reports are accurate, timely, and fully compliant with regulations, eliminating the need to allocate internal resources for generating and managing financial reports. This includes Income Statements, Balance Sheets, Cash Flow Statements, Trail Balance, and Budget vs. Actual Reports.
Analysis and Audit
- Financial Statement Audit: Analysing the organisation's financial statements (balance sheet, income statement, cash flow statement) to verify their accuracy and ensure compliance with local laws, regulations, and accounting standards. This process provides a reliable representation of the organisation’s financial health.
- Statutory Audits: Providing an independent opinion on the organisation’s financial records, verifying their accuracy and its compliance with accounting standards, laws, and regulations. This process enhance transparency, integrity, and reliability of financial reporting for stakeholders including shareholders, investors, regulators, and creditors.
- Internal Controls Audits: Evaluating the effectiveness of internal controls and operational processes by assessing the organisation’s internal control systems. This ensures the identification of potential weaknesses or fraud risks and confirms that adequate measures are in place to protect the organisation's assets.
Due Diligence and Assurance
- Due Diligence Services: Providing comprehensive due diligence services to assess and evaluate potential risks, liabilities, and opportunities in business transactions helping potential investors make informed decisions. This includes the assessment of financial health, risks, opportunities and inventory valuation
- Financial Statement Analysis: Examining a company’s financial statements to ensure they are accurate, reliable, and comply with relevant accounting standards (IFRS or UAE laws)
- Regulatory Compliance Reviews: Assessing the company’s adherence to relevant laws, regulations, and industry standards, including UAE laws, financial regulations, and international standards
Tax Consultation
- VAT Compliance: Assisting with VAT registration requirements, VAT filings and ensuring compliance with local VAT laws
- Corporate Tax Advisory: Offering guidance on determining tax obligations under the corporate tax system and with support in tax planning, transfer pricing, and tax optimisation strategies
- Tax Health Checks and Audits: Conducting tax health checks to ensure compliance with local tax regulations; identifying potential tax risks and recommending areas for improvement in compliance and reporting