Skip to main content Skip to search
Mon - Sat: 9:00 - 18:00
What is Included in Audited Financial Statements min

Financial Reporting Standards

Financial statements are prepared in accordance with established guidelines. Understanding the objectives of financial reporting is helpful in understanding these guidelines. According to the Financial Accounting Standards Board (FASB) Statement of Financial Accounting Concepts No. 1, the goals of financial…

Read more
UAE's Accounting Trends in 2021 That You Should be Aware Of

Fundamental Concepts in Accounting

Financial statements are prepared in accordance with established guidelines. Understanding the objectives of financial reporting is helpful in understanding these guidelines. As discussed in the Financial Accounting Standards Board (FASB) Statement of Financial Accounting Concepts No. 1, the objectives of…

Read more
People's hands are seen collaborating on financial charts and documents at a white table, with a calculator, glasses, money, and pencils—clearly showcasing the meticulous work of a Chartered Accountants Team. KGRN Chartered Accountants in Dubai offers a comprehensive range of services including audit and assurance, accounting and bookkeeping, tax consulting and compliance, business advisory, corporate finance, management consulting, internal audit, forensic accounting, company formation, and legal and secretarial services. Each service is tailored to support businesses in managing their financial operations effectively and ensuring compliance with regulatory requirements.

USES OF FINANCIAL REPORTS

Financial statements may be used by different stakeholders for a multitude of purposes. Owners and managers require financial statements to make important business decisions affecting its continued operations. Financial analysis is then performed on these statements, providing management with a more…

Read more