FAQs

Timely accounting and bookkeeping are essential for operational efficiency and monitoring inventory, receivables, payables, cash, and bank position. This covers all cash/bank and credit transactions, purchases, sales, expenses, and more over a period. Based on accounting records, various financial reports can be prepared for management review and decisions.

We offer management reports, including income statements and balance sheets. Our reports also include financial analysis like margin analysis and financial ratios, etc., by departments, cost centers, branches, projects, and products, along with aging reports on accounts receivable, payables, and inventory. Such reports enable the review of product/project/branch-wise performance and identification of areas to improve overall profitability.

We monitor your operating cycle, receivables, payables, and inventory to ensure adequate cash availability. We negotiate with banks for credit lines (LCs/bank guarantees, etc.) at economical rates by providing budgets and cash flow forecasts to enable the banks to evaluate business performance.

Our regular financial analysis, along with our recommendations, helps businesses take timely actions to avoid losses and improve overall profitability. Experts analyze data to provide insights and recommendations for informed business decisions. We offer understandable, reliable, and relevant reports that guide your business toward a better future.

A solid business plan and budget form the foundation for business success. Through a 1-3 year budgeting exercise involving all business units and cost centers, yearly/monthly budgets are finalized based on the business plans. All revenue and profit targets are set, keeping in mind short-term and long-term objectives.

Monthly/quarterly performance reviews are carried out regularly with all business managers, and timely actions are taken to achieve the set goals. These account for factors like competitors, customers, employees, and suppliers, helping allocate resources effectively.

Engaging our services provides an unbiased and independent view of your business’s financial health, growth potential, and opportunities. Financial data are analyzed from different perspectives, considering local and international economic and business environments, government policies, competition, technologies, etc. It assists in making informed decisions for the future and could open up new options like attracting investors.

Internal audits ensure operational activities are aligned with goals and offer improvement advice. Our experienced team not only conducts audits but also helps set up, modify, and update processes to meet your objectives. The audit process involves a review of internal policies, financial systems, and identification of areas to plug leaks, wastages, frauds, etc.

Statutory audit compliance is mandated by law and ensures accuracy in financial statements. Our expert team helps you prepare for both internal and external audits, making necessary improvements.

Tax laws are complex and ever-changing. Our consultancy service helps you navigate VAT and corporate tax regulations, ensuring timely compliance and tax efficiency for your business. We help businesses avoid penalties, ensure the timely submission of correct documents, and assist in reducing the tax burden through proper tax planning.

UAE has specific regulations governing business operations, contracts, labor, and more. Our legal advisory services ensure you’re informed about and compliant with all relevant legal requirements. Through our legal advisors, we assist you in carrying out vetting of contracts/agreements to minimize financial exposures.

Business certifications demonstrate competence and commitment, increasing market credibility and customer trust, leading to a larger market share. We facilitate the application and renewal of various certifications, allowing you to focus on core activities.

We offer a comprehensive range of services including accounting, bookkeeping, tax consultation, audit services, business certifications, accounting ERP implementation, and legal advisory tailored to meet the specific needs of UAE businesses.

Yes, we specialize in helping businesses obtain relevant certifications such as ISO, ICV, and more, enhancing your credibility, operational efficiency, and market competitiveness.

Implementing an ERP system streamlines your business operations, integrates various functions like accounting, inventory, and sales, improves data accuracy, and enhances decision-making.

We cater to a diverse range of industries in the UAE, including retail, hospitality, manufacturing, construction, healthcare, real estate, and more. Our solutions are tailored to suit the unique needs of each industry.

Our services are designed to streamline financial processes, reduce errors, enhance reporting accuracy, and provide expert insights, all contributing to improved financial efficiency and informed decision-making.