Accountant and Audit Resources in UAE

The audit is the assessment of a person, process, project, system, or organization. This can be mostly used for accountants in many organizations but it is almost similar to project management etc. On the other hand, an accountant is the measurement, accounting the financial information of investors, tax authorities to make the decision about allocating sources. The audit is also a part of accounting and mostly both are used in same subjects. Many firms in Dubai are proviiding accounting services in Dubai.

Accounting Services in Dubai

Auditors and accountants prepare financial records of any organization. These records show that the taxes are paid properly and on time. They also helps about the organization that everybody should do a proper duty. A company is totally depending upon the performance and this should be checked through by auditing and accountant performance.

Every business of the world required a proper auditor and accountancy because it plays an important in the profitability and growth. For this purposes it is essential to hire an experienced and reliable chartered accountants for the small or mid-sized businesses.

Last few years, UAE government has announced some relaxation related to the policies and important infrastructure for visitors as well as businesses. They have also formed different organization to guide visitors. Besides of this it also important for all businesses to submit their financials audited to the licensing authorities at the time of renewal. It is a good decision to hire firm of proper auditors in Dubai which is present all throughout the country.

There are many organizations which provide the facility of accounting but all of these are working under the proper policy. They have proper procedures which are based on international standards. Virtual Accountants LLC is one the best accountants and audit organizations in Dubai. It gives the proper guidelines to the clients.

Virtual Accountants LLC has a proper team for the

Accountancy Services

Preparation and analysis of Financial Statements

Ø Maintenance of books of accounts (Book Keeping) - manual/computerized.

Ø US GAAP & IFRS Implementation

Ø Preparation of interim and annual financial statements

Ø Maintain general ledger

Ø Complete monthly and year-end closings

Ø Preparation of depreciation schedules

Ø Preparing and reviewing fund flow and cash flow statements

Apart from the external audit, many Accounting UAE firms provide assurance services such as internal audit Dubai, business valuations etc. Many medium to large size business organizations outsource their internal audit function to the Accounting Dubai firms so as to benefit from values of professional independence.