The team of professionals to make sure methodical upkeep of accounting information, evaluation of the data submitted and in turn delivers value-added results for the cost-effective business.
Team of proficient accountants with hands-on experience on each and every accounting software to produce the most precise quantitative information for flawless business ventures.
The knowledgeable accountants to address every query and to help on every complex accounting for faultless financial information.
The qualified experts to deliver standardized and validated Financial reports that are accepted internationally and meet every accounting standard especially IFRS.
IFRS (International Financial Reporting Standards) is the mandatory accounting standard in UAE. So all the companies in UAE are requested to manage their records in accordance with this standard.
In cash accounting, the transactions are recorded when cash is exchanged while in accrual accounting transactions are recorded the moment they are incurred regardless of whether the payment is made or received.
Accrual accounting gives businesses a precise outlook of their current financial status than cash accounting can and allows management to assess the profitability of their operations and manage resources accordingly.
The International Financial Reporting Standards (IFRS) is a strong supporter of the accrual accounting method for recording Income and Expenses.
Transaction, journal entry, Posting to the general ledger, Trial balance, Worksheet, Adjusting Entries, Financial Statements, and Closing are the basic accounting cycle.
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