About Us
Alliance chartered Accountants provide Accounting and bookkeeping services in Dubai to ensure that business decisions are accurate, reliable, and settled. Alliance introduces a wide range of bookkeeping services that address all the financial requirements for businesses all around the globe. The right bookkeeping services address the highest level of professionalism with maintained standards and quality. The bookkeepers are proficient in the designing and implementation of professional accounting systems. There is a regular review, supervision, and reporting done for the company which ensures updated accounts. The bookkeeping team updates, maintains, and analyzes the records that are utilized by the company for improved decision-making. Bookkeeping services also include weekly and monthly inspections through periodic reports which come under the reconciliation services.
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What are Bookkeeping services?
Bookkeeping is the collection of financial transactions of the business that includes interpretation, classification, analysis, summarization, and reporting of the financial data. In simple words, it is the track record of all the financial data that is happening in the company such as customer receipts, payment details, salary disbursement, invoices, etc. The bookkeeping becomes highly significant when the dealings are done with international clients and suppliers as there is a high fluctuation in the forex rates that changes every day in the international market. So bookkeeping and having a complete track of financial entries which are in sync with the forex conversion rates of international transactions is necessary. This will allow the company to pay its employees correctly in their local currencies. All these functions can be done by either hiring bookkeeping staff or outsourcing the experienced bookkeeper from a professional agency. The professional services aid in higher revenues and profit maximization by fulfilling the goals.
Benefits of Bookkeeping services in UAE
Why Choose
Alliance CA
Alliance Chartered Accountants in Dubai provides expert, cost-effective accounting and bookkeeping services, ensuring corporate goal achievement and cash flow management for businesses of all sizes in the UAE. We aim to build value and trust, adapting to complexities introduced by IFRS, and offer customized solutions aligned with clients' long-term goals. Our experienced team is dedicated to supporting businesses navigate through challenges with practical, effective strategies.
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What are the audit requirements in Dubai, UAE?UAE Commercial Companies LAW / Federal Law No. 2 of 2015 requires all organizations operating within the United Arab Emirates to hire UAE-approved chartered accounting firms that are registered with and have been issued licenses from the Ministry of Economy for auditing their accounts. Furthermore, professional Auditing companies in Dubai are essential for organizations to ensure that their business complies with the laws, rules, and regulations, and the accounting standards applicable in the UAE.
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Is Auditing Mandatory in Dubai?Yes, following the UAE Commercial Companies LAW / Federal Law No. 2 of 2015 all organizations operating within the United Arab Emirates are required to hire UAE-approved chartered accounting firms that are registered with and have been issued licenses from the Ministry of Economy for auditing their accounts.
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What are the risks involved with auditing companies in the UAE?Auditing firms in the UAE have to be careful of the risks and probabilities of Substantial Misrepresentation while conducting audits.