Services

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1 .Audit

Our range of audit services has been developed in order to deliver trusted and independent advice in a business environment which is constantly changing due to commercial pressures, government intervention and compliance issues.

We can also produce financial audit reports accordance with International Accounting Standards (IAS) & International Financial Reporting Standards (IFRS) issued by International Accounting Standard Board (IASB). Further we are approved with almost every Free zone & banks in UAE.

   

                                Industries

 

  • Diamond, Gold & Jewellery trading
  • Oil & Gas trading
  • Food & Beverages
  • Media & Entertainment 

Our audit services include:

Statutory Audit

A statutory audit and annual financial report is necessary for all limited companies. We go beyond the basic obligations required of an annual financial report to identify key aspects of a business, its operation and prospects for growth.

Internal Audit

The role of an internal auditor is to ensure that systems and controls are in place which are appropriate to the nature of the business – and the risks and challenges it may face. An internal audit often differs from a statutory audit in that it is usually focused on specific areas of a business´s operation.

Compliance Report

Compliance refers to the reports created by companies in order to comply to rules, standards, laws and regulations set by regulatory bodies and government agencies. Failure to comply means businesses are subject to regulatory penalties, including fines and imprisonment. Compliance reports are often completed by compliance officers. Those officers are tasked with looking at the regulations a company is subject to and determining whether or not they’re achieving compliance through the processes and controls they’ve put in place

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2 .Bookkeeping & Accounting

A bookkeeper could compile financial statements from the transactions just described. The broader field of accounting includes the use of these accruals. In addition, accounting encompasses the following activities:


  • Creating the chart of accounts
  • Setting up the general ledger
  • Designing the financial statements
  • Issuing customized management reports to address specific issues
  • Altering the classification or recordation of transactions to meet certain accounting standards
  • Creating a set of controls within which the financial system operates
  • Designing a record keeping, archiving, and document destruction system


 Designing & Preparation of chart of accounting


The chart of accounts is the backbone of everything when it comes to your accounting system. A chart of accounts is a list. Think of it as a list of categories that you use to group and organize your transactions. Based on the account type, the accounting system knows where to put the balance (the collective total held in each respective bucket). The system will know which financial statement it should be included on and where. 

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3. Taxation

VAT represents a key factor in a business's cash flow and potentially a real bottom line cost. In today's global economy where competition is fierce and cash flow management is of paramount importance, effectively managing both the risks and opportunities surrounding indirect tax is key.


Our VAT services include:


• Assisting in VAT registrations

• Personal client wise Training

• Assistance in preparations and filling of VAT Returns.

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4. Liquidation

Liquidation refers to the situation where the shareholders of a solvent company adopt a voluntary winding up resolution and appoint a liquidator to realise the assets of the business in order to distribute the proceeds to company members. A company is considered legally solvent when it is able to meet its financial obligations and the value of its assets (i.e. - equipment, inventory, contracts, invoices, bank account funds, property etc.) exceeds the total sum of all its debts and liabilities. 

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5. Company formation

Corporate formation services comprise the advisory, suggesting & forming various on shore & off shore companies which suits best with the clients’ businesses & capital structure.


Our services include:


· Business set up in Free Zones such as DMCC, AFZA, DAFZA, JAFZA, SAIF, etc. and Dubai Economic Department.


· Off shore company set up such as BVI, Isle of Man, Mauritius, Jebel Ali, RAK Free Zone, etc. 


· Preparation of feasibility reports.


· Drafting of MOU agreements 


· Corporate restructuring advisory.

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6. Management Consultancy

Financial Due Diligence


Financial due diligence provides peace of mind to both corporate and financial buyers, by analysing and validating all the financial, commercial, operational and strategic assumptions being made. It uses past trading experience to form a view of the future and confirms that there are no 'black holes'.

The components of the service are revenue, commercial and market due diligence, synergy validation, maintainable earnings, future cash flows and all operational issues, as well as deal structuring.


Risk Assessment 


A risk assessment is a thorough look at your workplace to identify those things, situations, processes, etc. that may cause harm, particularly to people. After identification is made, you analyse and evaluate how likely and severe the risk is. When this determination is made, you can next, decide what measures should be in place to effectively eliminate or control the harm from happening.