The accounting firms in Dubai are becoming a vital part of business process outsourcing industry. The accounting work is mainly spearheaded by chartered accountant firms in Dubai and certified public accountants in Dubai. With the new companies act which again brings about statutory enforcement in maintaining the books of accounts the role of these firms are gaining more importance than ever. From the corporate to SME’s makes use of various accounting services but in UAE the major accounting is outsourced by SME’s.
Cost Control: Hiring accountants on part time helps company to save on the full time salary and other legal expenses related to the employees.
Flexibility: The accounting firms in Dubai enables flexible work timing which will suit the business. They also provide the much needed services for the businesses on time.
Quick Scalability: If the business has an urgent demand to increase the accounting load then they can do so instantaneously without increasing the number of staff.
Employee Handling: Hiring the service from the accounting services removes the hassles for running around for visa, labor and other related legal commitments.
Professional services: The accounting firms are headed by qualified and experienced accounting professionals like chartered accountants and certified public accountants and hence the quality of the work is good. The accounting is done professionally and as per the demands of both clients and as per international accounting standards.
The most common offered services by accounting firms in UAE for SME sector are updating regular accounts and generating trial balance, monitoring of accounts payable and receivables, bank reconciliation, preparation of financial statement, etc. Depending on the requirement on the clients other accounting related activities like budgeting, projections, etc are also handled by the accounting firms. The demand for each client may be different and hence the services provided are depending on the tailor made needs of the customer.
Accounting firms in Dubai helps businessmen to focus on his mainstream business while they handle the time consuming accounts procedure and thus helping the business to grow faster. The Emirates Chartered Accountants Group offers accounting services as per the client requirement. For further inform mail us at “email@example.com”