Government Accounting

It is concerned with monitoring and verifying all processes related to resources related to government activities.

Tax Accounting

It is the accounting that is concerned and aims to determine the percentage of income and the value of profits for individuals, and it is concerned with the financial sums collected from commercial operations, and there is a tax system that governs it.

Management Accounting

Preparing accounts and accounting data, which administrators use to enhance the role of control over all operations within the organization, and it is closely related to cost accounting because it depends on data analysis.

Cost Accounting

It is concerned with calculating the cost of one unit that is produced in a specific system or a specific work environment, and it helps in reaching the cost of total production based on an inventory of all productive units.

Accounting

Accounting, is the process of recording and monitoring all operations. and inputs, that represent economic events. according to specific regulations, and financial information that is mainly used by investors, managers of institutions, tax authorities and the decision-makers segment, with the purpose of distributing resources within institutions, ]companies or government agencies. Moreover accounting helps to demonstrate and track the company’s activity and the extent of influence on the basis of its funds. It helps in preparing the financial statements in an accurate manner and also accounting is a legal and administrative proof.

 

Bookkeeping

Moreover the term bookkeeping is a group of sub-activities for accounting, the main goal of which is to collect, organize, and assist in storing and making available a database of records of financial information, i.e. the so called financial statement.

Scope of Services 

• Maintenance of accounting ledgers (full bookkeeping, income and costs account, VAT registers)

• Performance of annual financial reports (consolidated and individual)

• Preparation of monthly reports (balance sheet, profit and loss account)

• Preparation of additional reports in line with the specifications of the Customer

• Clients towards tax authorities during tax control

• Preparation of fixed asset amortization plans

• Development of company account plans tailored to the needs of the Client

• Preparation of accounting policies

• Preparation of the internal bookkeeping procedures

• Assistance in the issuing of invoices and organization of payments

Frequently Asked Questions

We offer a range of accounting services in Abu Dhabi, including:

  • Bookkeeping
  • Financial statement preparation
  • Tax planning and compliance
  • Payroll management
  • Accounts payable and receivable management
  • Budgeting and forecasting
  • Financial analysis and reporting
Outsourcing your accounting services in Abu Dhabi to an accounting firm can offer several benefits, including:
  • Cost savings: Outsourcing can be more cost-effective than hiring an in-house accounting team..
  • Expertise: Our team of accountants has extensive knowledge and experience in the field of accounting, allowing us to provide high-quality services to our clients
  • Time savings: Outsourcing your accounting services can free up your time to focus on running your business.
  • Compliance: We stay up-to-date on the latest accounting regulations and can ensure your business complies.
The cost of outsourcing accounting services in Abu Dhabi can vary depending on the scope of services required. However, outsourcing can be more cost-effective than hiring an in-house accounting team.

Our accounting services can help your business in several ways, including:

  • Ensuring compliance with accounting regulations
  • Improving financial reporting accuracy
  • Providing valuable financial insights to help you make informed business decisions
  • Freeing up your time to focus on running your business
  • Identifying areas where you can save money and improve profitability
Yes, we understand that every business is unique, and as an accounting company in Abu Dhabi, we offer customized accounting services tailored to the specific needs of our clients.
To get started with our accounting services, contact us through our website or give us a call. We’ll discuss it with you to better understand your business needs and develop a customized accounting plan to achieve your financial goals.