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CDA Services

Chartered Accountants in Dubai

CDA is one of the leading professional accounting firms in Dubai, which provides outstanding auditing, bookkeeping and accounting services in Dubai and across the UAE. At CDA, we provide comprehensive accounting services and strive to understand your business needs and long-term goals so that we can provide tailor-made solutions to meet all your business requirements. Our wide variety of accounting services in Dubai comprise Account Reconciliation Services, Updating of Backlog Accounts Services, Bookkeeping Services, Financial Reporting Services and a lot more to make your business run productively in the UAE.

Accounting services in Dubai

Accounting in UAE

Accounting is a methodical procedure of recognizing, documenting, assessing, categorizing, authenticating, abridging, construing and conversing pecuniary information. Proper accounting divulges profit or loss for a given period, and also the value and nature of a firm's assets, liabilities and owners' stake. It includes custom and body of knowledge related to methods for recording transactions, keeping financial records, performing internal audits, reporting and analyzing monetary information to the management, and counselling on taxation matters. Accounting provides information on the assets available to a business, the means employed to finance those assets, and the consequences attained through the use of these assets. Accounting firms play a crucial role in helping businesses enhance in terms of the company’s goodwill, financial stability, credit management, auditing, financial reporting, etc. CDA is one of the leading accounting firms in Dubai, which helps businesses with excellent accounting and bookkeeping services. CDA has a team of expert financial advisors and accounting professionals in Dubai to help you manage your business, taking care of auditing, bookkeeping, VAT, business, and accounting services in Dubai and UAE. 

Accounting Methods 

Accounting method is a practice used by an industry to account income and expenses. Officially there are two Accounting methods: Accrual Accounting and Cash Accounting.

Accrual Accounting – It’s that form of accounting that accounts revenues and expenses when they are incurred, notwithstanding when cash is exchanged. Here, businesses are obligatory to make sensible estimates against a bad debt expense.

Cash Accounting – It’s a straightforward method of accounting that accounts all revenues and expenditures at the time when expenses are actually received or sent. This method of accounting is apt for small or new businesses that conduct business on a cash basis or that don't carry catalogues.

Main Areas of Accounting 

Usually, accounting is perceived as a mere recording of business transactions. However, accounting goes beyond financial recording or bookkeeping and it includes various branches. Take a look at the various branches of accounting, where you need help.

1. Forensic Accounting

Forensic accounting handles court and litigation cases, fraud investigation, claims and dispute resolution, and other legal matters.

2. Auditing

External auditing is the examination of financial records by an independent party. Internal auditing refers to the examination of issues regarding business practices and risks.

3. Financial Accounting

Financial accounting includes footage and classification of business transactions, and preparation and presentation of financial statements to be used by internal and external clients.

4. Cost Accounting

Cost Accounting refers to the footage, presentation, and analysis of manufacturing costs. Cost accountants examine definite and standard costs to help directors conclude future courses of action concerning the business’ operations.

5. Fiduciary Accounting

Fiduciary Accounting means the handling of accounts administered by a person empowered with the supervision and management of the property of or for the benefit of another person. Trust accounting, receivership, and estate accounting are some examples.

6. Accounting Information Systems

Accounting information systems or AIS occupy the expansion, fitting, execution, and supervision of accounting procedures and systems used in the accounting process.

7. Tax Accounting

Tax accounting involves the planning of tax and preparation of tax returns, ascertainment of income tax and other taxes, tax advisory services such as ways to reduce taxes lawfully, assessment of the consequences of tax decisions, and other tax-related issues.

8. Management Accounting

Management Accounting focuses on the needs of the management. It includes financial analysis, budgeting and forecasting, cost analysis, evaluation of business decisions, and other similar areas.

What is Bookkeeping?

Bookkeeping is the methodical recording of financial facets of business transactions in opposite books of account. Bookkeeping services help to uphold precise financial records of a business by keeping a proper record of the purchases, sales, and receipts.

Services Provided by Bookkeepers

  • Settle bank accounts.
  • Account economic dealings.
  • Administer bank feeds.
  • Organize financial accounts.
  • Control accounts receivable payable.
  • Undertake some payroll and human resource functions.
  • Work with the tax preparer and help out with tax compliance.
  • Preparation of Chart of Accounts
  • Billing for services or goods sold
  • Keeping the records of receipts from customers
  • Allocate the account entries
  • Value-added bookkeeping and month-end or year-end closing

Daily Bookkeeping will enable you to identify any problems early and solve them before they become worse. You can identify any deceitful activity and correct it before it causes irreparable damage to your business

Relevance of Accounting Service Firms in Dubai

A reliable accounting firm can help a business to boon through the subsequent approaches:

Bookkeeping Advice: Offer timely recommendations to an organization to maintain the details in time and to avoid any future issues or delay.

Business Advice: Make strategic plans for the growth of a business. They team up with the clients to help them solve their multifaceted industry issues and make the most of the opportunities to grow, optimize and protect their business.

Cash-Flow Advice: Give solutions to improve overall cash flow management and prepare you to solve cash flow problems before they happen in the future.

Cost Control: Predict future costs and revenues, and check for compliance with financial regulations. It can help a business to avoid the risk and costs of hiring more employees.

Tax Advice: Help an organization to avoid tax penalties. Any mistake while preparing or filing taxes is costly and attract penalty. These issues can logically be handled by expert accounting firms who stay updated and acclimatize to all changes and guarantee complete precision and compliance with the presently applicable policies.

  • When do You Need Advice?
  • When you frame the legal structure of the company
  • When you need the help regarding finance
  • When you write your company plan
  • When you want to delegate
  • When you are audited
  • When you deal with the government
  • When your business is mounting
  • When you want to apply for a business mortgage or overdraft
  • When you buy or sell your business
  • When you undertake a franchise

It may be difficult for a business to manage the Accounting Activities within when competing with others and to comply with the legal requirements in the fast-growing economy of the region. When it comes to accounting firms in Dubai, CDA is one of the most preferred names for excellent accounting services across the UAE. CDA can save your time and assist you in your business in reducing the company’s operating costs, increasing profits and establishing yardsticks for superior ascendancy and consistency to regulations.

CDA Accounting and BookKeeping Services LLC is a committed squad and an effective Accounting Machine. We lead Outsourced Accounting and Bookkeeping services and transform your finance function. CDA accounting services in Dubai are beneficial for businesses to keep a record of all your business financial transactions, leaving no chance of any trickery, and ultimately contributing to the growth of your company. We not only maintain your accounting, but also provide a podium to drive profits, improve cash flow, and grow your business. Our clients stay in peace of mind as we assure efficiency and actionable financial astuteness they need to succeed. Acclaimed as one of the leading accounting firms in Dubai, CDA helps our customers with optimal accounting services that clearly depict the financial picture of their business. Our accounting specialists are highly competent in providing the best accounting services that comply with the UAE laws and rules. An association with CDA accounting experts helps you ensure exceptional accounting services in UAE while managing all your transactions in the most transparent way. We also offer Financial Advisory Services, Tax Consulting Services, Management Consulting Services, VAT Registration, VAT Deregistration, Internal Audit For Company, Business Advisory Services, etc., in UAE.

Get in touch with us to start a discussion and our experts will offer you one-hour free consultation.


Frequently Asked Questions

How do we offer Accounting Services in Dubai?

As a team of highly qualified professionals, CDA analyses your problems and strives hard to progress your business and make you gallop. We are the leading service providers in Dubai, UAE and provide following services in the field of Accounting & Bookkeeping, VAT consultancy, and other business-related areas. When accounting and CFO services are combined together the owner gets more flexibility and clarity in taking decisions after considering the financial reports. Our priority is CFO services and scope of our accounting service is purely depending on the client preference and industry type.

Our services include:

  • VAT Consultancy - services for VAT implementation, impact analysis, changes to be adopted in the accounting records and systems, training the accountants in the organisation etc.
  • TAX - we have a team of experts who have in-depth specialized knowledge of the latest tax laws. Expertise team of tax professionals provide legal solutions for the tax issues.
  • Bookkeeping - we offer a full suite of accounting and bookkeeping services.
  • Financial Services - we help our clients to focus on the organizations growth and manage the limited resources.
  • Management Accounting - we advise on business planning, financial management and performing financial analysis in order to help companies to make a correct business decision.
  • Internal Audit- We offer interim and full-time internal audit. We analyse the internal control system within the organisation.

What are the benefits of outsourcing accounting services in Dubai?

The UAE Commercial Company law made it mandatory for a company to maintain proper books of account for a minimum of five years. To comply with these legal requirements small companies, go for outsourcing the accounts for result-oriented functioning. CDA follows online & onsite working with the latest accounting software and indorsed strategies.

The major benefits are:

  • Companies can focus on their core activities of the business.
  • Usage of advanced technologies and software’s to maintain the financials.
  • Expertise supervision on the accounting transaction and report preparation.
  • Enhance the efficiency and productivity of the business.
  • Maintains confidentiality of the financial records.
  • Cost-effectiveness; professional service at low cost and their on-call availability.
  • Highly experienced professionals who handed in a wide market portfolio.

How are the accounting Services delivered?

CDA is a family of well-highly qualified experts in the field of business services and provides proper and timely accounting services in UAE for business to grow and flourish

For any business we:

  • Strategize our operations based on our clients need.
  • Analyse the business needs and organise them for our work support.
  • Choose the best accounting system, the software required and structure the setup.
  • Maintains bookkeeping, billing, payroll, and other ERP functions.
  • A highly qualified staff is appointed for supporting the system and design.
  • Timely preparation, submission and interpretation of the reports.
  • Channelize the communication system and deliver the information’s at right time parting in the decision-making process.
  • Customer satisfaction is our motto, we prepare management reports based on top management convenience.

Would you provide training on the accounting software?

Accounting Software is an application that allows a business to file and maintain the track of money for internal and external review. CDA helps you to select suitable and the latest Accounting Software for your company. Accounting software helps you decide the areas to cut expenditures or to capitalise more for growth. Having a better outline of your current financial status, it will be easy for you to develop clever strategies and assign resources in a proper manner.
Yes, we do provide free training in accounting software based on the type and kind if necessary our experts handle this with at most care.

Includes:

  • Provide briefing of the software usage to the Accounting and operation team for the efficient use of the software.
  • Preparation of Chart of Accounts in new accounting software.
  • Migration of Data from old software to the new one.
  • Preparation of Financial Reports as per the Monthly reporting to Management.

Do you provide accounting services in Dubai for startups?

As an accounting and auditing firm in we had experiences in various fields, especially with a budding start-up. Start-up businesses are more prone to financial issues and shortages due to higher exposure to capital expenses & lower popularity.

We help these entrepreneurs in covering these dilemmas by providing the following services:

  • Bookkeeping and Data entry services.
  • Managing payables and receivables.
  • Preparation of periodic financial reports.
  • Measuring performance analysis.
  • Initial investment analysis.
  • Arrangement of Bank facility.
  • Feasibility study.
  • Helping in setting up of Internal control Procedures.
  • Provide advises on financial strategies and plans.
  • VAT filing.
  • Provide compliance services with standards.
  • Budgeting the expenses and planning on fixed asset expenditures.

How can accounting services help start-ups in Dubai?

For any start-up, outsourcing the accounting service is a time and cost-saving process so that they can focus on the core activities of the business. An inhouse accounting error can cost a higher loss than that of an outsourced one. It brings damage to the public image as well as fines.

An expert like CDA can help you to come out of all these issues by the following contributions:

  • Budgeting the costs and business needs valuation.
  • Provide support to make smart informed decisions.
  • Maintaining healthy cash flow within the business.
  • Tracking the filing of records and VAT return.
  • Enables efficient use of investment capital.
  • Measure the progress of the business and takes corrective actions.
  • Financial discipline by controlling the cost.
  • Setting up of organizational hierarchy.

How do you charge for your services?

CDA focus on the workmanship and professionalism in maintaining the clientele, so the price for the services depends on the following factors:

  • Type of business.
  • Type of products and product line.
  • Number of employees.
  • Turnover for the year.
  • Number of transactions per year.
  • Number of Bank accounts.
  • Shareholders details.
  • VAT details.
  • Scope of the work.

Other than accounting, what are the other services you provide?

As accounting is our core activity. We also provide Business services which are intangible and price-sensitive services in the market. It includes different services like CFO Services, Cost-Benefit analysis services, Finalization of financial services, IFRS Impact & Its Implementation service, Cash flow management service, and many other services like software services, real estate advisory services, etc.

  • CFO services: Financial service is one of the key services required for the growth of an organisation. Whether an established entrepreneur or a beginner, you may be facing certain issues like raising capital, reporting, management, strategy, accountability and so on CDA assures to cover these issues within a limited span of time.
  • Cost-Benefit analysis services: It considers cost-benefit elements along with their sensitivity to price changes and drafts the profitability reports for the management to take decisions.
  • Finalization of Financial Services: This process includes the closing of ledger accounts, cost allocation, gratuity calculation, capitalisation of assets, audit schedule preparation etc…
  • IFRS Impact & Its Implementation Services: IFRS impact assessment is done when a new standard is created or revised. It needs the following information to conduct the IFRS Impact Assessment: - Accounting manuals, Audited financials, Details of Financial Assets & Liabilities, Details of agreements or contracts, Details of relevant Invoices, Details of contract revenue, Other relevant information and supporting documents, etc.
  • Cash flow Management Services: the service includes regular monitoring of cashflow, finding shortfalls, handling receivables and payables and Tax planning.
  • VAT Consultancy - services for VAT implementation, impact analysis, changes to be adopted in the accounting records and systems, training the accountants in the organisation etc.

What is the significance of auditing in Dubai?

Audit is the independent examination of financial statements to prevents errors and fraud and to maintain accuracy in the data. Significance vary from type of audit conducted it includes: Third-party assurance on financial statements add confidence to the management that their reports are free from material misstatements, therefore they could make quick decisions.

  • Planning & budgeting: it enables to be informed regarding the cost and their allocations. Budgets can be prepared for the future developments of business by choosing this audited information.
  • Compliance: auditing helps to examine whether the financial statements are prepared in accordance with the financial standards and regulations.
  • Credibility: the audited information enhances the credibility of the owners to invest more in business which will expand the market share.
  • Detection of errors and fraud: through the critical examination of financial we could discover the errors arising out of omission, commission or principle along with intention fraudulent activities.
  • Materiality: It provides the evidence or the supporting documents showing the transactions and cash flow

How can VAT services help you grow your business in Dubai?

VAT is not an additional burden or cost for the business. In general, every business act as a mediator for the Government. Only the effect is reflected in the cash flow. So, proper planning and effective management of tax collection and its execution will give added value and cash inflows to every business. VAT services help:

  • To prevent errors in filing tax return.
  • To claim the input tax paid as per the VAT law.
  • Provide guidelines to avoid fines and penalties.
  • Maintain the books of account for five years, as per law.
  • Conducts the tax audit to safeguard the company from material misstatement.
  • Get updated and trained regarding the latest changes in the VAT law and its impacts on accounting.
  • Provide guidelines for the preparation of invoices for sales.


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