Accounting & bookkeeping
We do provide services right from Accounting, Book keeping and Tax consultations, so that you can focus on developing your businesses while leaving nuances to us. “We ensure hassle free quality service delivery of Accounting & Tax consultation packages for the Businesses, Industries & Entrepreneurs”
Our team members are fully cross-trained in accounting services, with many of them being Chartered Accountants (CA) & Law experts. With years of experience working with various accounting ERP software, we do possess a deep pool of knowledge, experience, and niched expertise. The key services include
- Setting up of a Robust Accounting System
- Preparation of Financial statements
- Budgeting
- Debtor & Creditor Management
- Preparing periodical closing of books
- Support during External Audit
- Manage Cash Flow
- Future business projections and planning
Generally Accepted Accounting Principles (GAAP)
In UAE, the first step of company formation is trade name GAAP comprises all essential principles and rules to deal with intricacies, complexities, and accounting legalities for managing corporate accounting. GAAP is the foundation of accounting methods as approved and used by the Financial Accounting Standards Board (FASB). The deployment of GAAP requires extensive accounting services because it is used to manage balance sheets, revenue recognition, and outstanding classification of items and shared estimations for public disclosure.
Accounting Standards for Private Enterprises (ASPE)
The Accounting Standards for Private Enterprises (ASPE) are accounting principles for small and medium-sized enterprises (SMEs) that publish financial statements for general-purpose use but do not have to report their financial results publicly because their shares are not traded on a public stock exchange.
International Financial Reporting Standards (IFRS)
International Accounting Standards Board (IASB) has issued IFRS as the international accounting standard for accomplishing the tasks and activities of financial management. It deals with types of events and transactions for financial reporting. The IFRS explains a comprehensive way of working for the accountants to maintain their records. The set of principles are designed to ensure a common language that is well understood by the businesspeople and accounting companies across the world.