Are you looking for an accounting services office in the United Arab Emirates?
The office of Radwan Allam Chartered Accountants is considered one of the best offices that provide accounting services not only in the Emirate of Dubai, but also in the United Arab Emirates. The office includes some of the best certified financial accountants (CFA) in the UAE. The office provides accounting services that are among the best in Dubai and other Emirates, as the office provides accounting bookkeeping and tax accounting services, in addition to auditing services and other financial and accounting services.
Accounting is defined as the science that studies the measurement and interpretation of financial activities through the classification, clearance and recording of financial transactions, as well as the presentation and disclosure of financial information, through financial statements for specific time periods. Accounting is also known as the language of business because it is related to commercial activities.
While bookkeeping is defined as the detailed daily recording of all the company’s financial transactions, including income, sales, and purchases. This is in terms of the paid and the received. Bookkeeping is considered one of the main elements of accounting, as the basis of the financial reports prepared by accountants is the recording of financial data in the books. The bookkeeping process is usually undertaken by an experienced and certified accountant.
Why should you use accounting services offices?
The UAE Federal Companies Law No. (2) of 2015 obliges all commercial companies to maintain accounting records. Article (26) of the law stipulates: “Every commercial company must maintain accounting records, for the purpose of clarifying its transactions so that they accurately reveal the company’s financial position at any time and enable shareholders or partners to ensure that the company’s accounts are kept in accordance with the provisions of the Commercial Companies Law.”
Companies must keep their accounting records at their main headquarters for a period of no less than 5 years from the end of the fiscal year. The company may keep an electronic copy of the original documents and instruments deposited and maintained with it in accordance with the law.
There are a lot of things to do in a company, and it is not always easy to adhere to legal requirements and follow business strategies to be consistent in the race with companies; Therefore, the accounting aspect of the company is difficult for the partners or shareholders to manage themselves. This is why there is a need to provide accounting services in Dubai by a certified financial accountant who can carry out the accounting and bookkeeping process correctly and easily, and hence companies must seek the help of accounting offices in Dubai and the United Arab Emirates.
Hiring external accounting services in Dubai is an advisable step because it can greatly help organizations, especially if an external source is used that uses the latest accounting software in Dubai. Farahat & Partners office is considered one of the best offices that provide accounting services in Dubai, using the latest advanced accounting programs and techniques in the world.
Why use our office?
As mentioned before at the beginning of this article, accounting and bookkeeping have an important role in regulating the financial transactions of companies. Regardless of the type of industry you belong to, it is essential to have clear and straightforward business accounts, which requires outsourcing, to be able to continue your business activities, reduce costs, access information (through external accountants and auditors), and obtain experts. And professionals, benefit from a wide range of services.
Here comes our role. If you are looking for a certified financial accountant who can provide accounting and bookkeeping services in a correct and excellent manner, then you have come to the right place.
With over 10 years of experience in our hands, we are able to provide outstanding accounting services to small and medium sized enterprises. We deal with many companies in various industries that provide various services because we are also one of the best auditing companies in Dubai.
We work with organizations on financial and accounting fraud and fraud. Also, before all that, we handle everything they need with Trademark Registration in Dubai as well. As one of the premier accounting firms in Dubai, we have some of the best CPAs in Dubai who can supervise our bookkeeping and accounting services with the required high quality.
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