An expert accounting firm in the DUBAI will be familiar with the ins and outs of UAE accounting and can assist your company in keeping correct books of accounts and keeping track of all transactions. Certain financial documents can assist you in evaluating your records; the “income statements” can identify any information on profit and loss. A “balance sheet” allows you to examine the company’s financial status on a specific date, while a “cash flow statement” serves as a link between the income statement and the balance sheet, revealing how much money was raised and spent over a specific period of time.
In the United Arab Emirates (UAE), most businesses, large and small, are required to audit their accounts once a year. The books of accounts will enable the auditor to produce proper audit reports, and only then will management have a clear picture of the organization’s overall status.
Auditing isn’t simply about numbers; it’s about a lot more. With different changes in rules and technologies, the auditing industry is undergoing a rapid shift. Auditors contribute to society by providing added value to clients and essential insights to improve the company’s performance. Businesses require auditors that are familiar with their industry, geography, political and economic policy issues, long-term strategy, and any risks that must be analysed and controlled. They require consultants who are capable of accurately incorporating this critical data into the audit process.
FMA Accounting and Auditing : A well-known accounting firm in Dubai
FMA Accounting is a renowned accounting firm in Dubai, and we provide a wide range of accounting services, including onsite accounting, online or cloud-based accounting, accounting system setup training, accounting secondment, Statutory Audit, Internal Audit, Bookkeeping, Company formation in all UAE Free zone, VAT services, ESR services, Feasibility studies, Tax Residency certificate, Business plans / Project reports. and more. Our highly qualified and experienced team will treat your information with the utmost care and security, ensuring that you receive the highest quality services possible.