As a company in the UAE, you would be aware of the law that requires all businesses to maintain a book of records for a minimum period of five years. Therefore, by reaching out to one of the certified accounting and bookkeeping companies in UAE, you can get your records professionally maintained.
As you are aware, the two main pillars of any flourishing firm are bookkeeping and accounting. Even though they appear to be similar, bookkeeping and accounting are two distinct professions. Bookkeeping usually covers the recording of the day-to-day transactions of a corporation. Bookkeepers keep track of sales, payments, receipts, and financial reports.
Contrarily, accounting entails the act of assessing and researching based on the specifics of your business’s book of records. Both of these actions give your company’s financial structure structure and order.
Accounting and bookkeeping firms in Dubai must comply with the IFRS standards to be legally recognized. By outsourcing to established chartered accountants in Dubai, you can always ensure the quality and legibility of your records. By maintaining a book of records, you can stay prepared for unannounced audits, investors, and financial planning.
Most importantly, you can have peace of mind and have a better understanding of where your capital goes. Bookkeeping also helps in tracking your cash flow. That will, in turn, will help you get a clear analysis and improve your decision-making skills.
KGRN accounting and bookkeeping companies in UAE has a team of well-experienced and knowledgeable professionals who are always there to assist you in your accounting and bookkeeping processes. Moreover, we are available round the clock and consider customer satisfaction as our highest priority. Contact our professionals for more details on KGRN’s accounting services in UAE.
ADNOC ICV Certification Agencies
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