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Accounting
Dubai’s Trusted Accounting Solutions Provider
Looking for reliable accounting services in Dubai? Our team of certified accountants and financial experts help businesses of all sizes stay compliant, save time, and make smarter financial decisions. Whether you are a startup, SME, or multinational company, we provide end-to-end accounting, bookkeeping, VAT, and CFO services tailored to your needs.
Maintain Accurate Financial Records and Up-to-date Books of accounts!
Companies in the UAE must maintain their books of accounts and financial statements for at least 5 years, as prescribed by the UAE Commercial Company Law 2015 and VAT law of UAE. Additionally, various free zones in the country require companies to have their accounts audited by approved and listed audit firms in UAE, with global standards such as IFRS adding complexity to financial reporting. As a result, keeping up-to-date records is essential for businesses operating in the region to remain competitive and compliant with regulations.
What is Financial Accounting
Financial accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. The primary purpose of financial accounting is to provide information to external stakeholders, such as investors, creditors, and regulatory agencies, about the financial performance and position of a company.
Financial statements, such as the balance sheet, income statement, and cash flow statement, are the main output of financial accounting. The balance sheet provides information about a company’s assets, liabilities, and equity at a specific point in time. The income statement provides information about a company’s revenue, expenses, and net income over a specific period. The cash flow statement provides information about a company’s inflows and outflows of cash over a specific period.
What is Bookkeeping
Bookkeeping is the process of recording financial transactions in a systematic and organized manner. It involves the recording of financial transactions such as sales, purchases, payments, and receipts in a company’s financial records. The goal of bookkeeping is to maintain accurate and up-to-date records of a company’s financial transactions. This information is used to prepare financial statements, such as the balance sheet and income statement, which provide a snapshot of a company’s financial position and performance. Bookkeeping is an important function for any business as it provides a clear and accurate record of financial transactions. This information is used by managers to make informed decisions, by regulators to ensure compliance with tax laws and regulations, and by lenders and investors to assess the financial health of the company. Bookkeeping also helps in identifying trends and patterns in a company’s financial performance and helps in budgeting and forecasting future financial needs.Financial statements, such as the balance sheet, income statement, and cash flow statement, are the main output of financial accounting. The balance sheet provides information about a company’s assets, liabilities, and equity at a specific point in time. The income statement provides information about a company’s revenue, expenses, and net income over a specific period. The cash flow statement provides information about a company’s inflows and outflows of cash over a specific period.
Why Accounting and Bookkeeping is important for business
Facilitates informed decision-making
Accurate and up-to-date financial information is essential for making informed business decisions. This information can be used by managers to identify trends and patterns in a company’s financial performance and make decisions that support the long-term success of the business.
Compliance with laws and regulations
Accurate bookkeeping and accounting records are essential for compliance with tax laws and regulations. Keeping accurate financial records helps to ensure that a company meets its tax obligations and avoids costly fines and penalties.
Assessing financial health
Financial information is used by lenders and investors to assess the financial health of a company. This information is used to determine the creditworthiness of the company and to make investment decisions.
The Process Flow of Our Accounting & Bookkeeping Services
Get Everything Done In One place
Financial accounting follows a set of rules and standards, such as Generally Accepted Accounting Principles (GAAP) in the United States and International Financial Reporting Standards (IFRS) globally, to ensure consistency and comparability of financial information. Financial accounting is performed by trained professionals, such as accountants, and is subject to independent auditing to ensure the accuracy and reliability of financial information.
Financial accounting is an important tool for making informed business decisions, evaluating performance and progress, and communicating with stakeholders. It provides essential information for decision-makers, such as investors, creditors, and managers, to assess the financial health and potential of a company.
Accounting & Book Keeping
Maintain Accurate Financial Records and Up-to-date Books of accounts!
Financial Reporting
Financial reporting is vital for any business to understand its financial health and make informed decisions.
Management Reporting
Comprehensive suite of Management Reporting Services designed to provide your business with valuable insights.
Fixed Asset Management
Involves the strategy and processes for managing a company’s physical and intangible assets.
New accounting standards
Implementation of newly published accounting standards involves adopting and applying new requirements to a company’s financial reporting.
Finance Function Set-Up and Process Effectiveness
Accounting and finance function is primarily responsible for maintaining the accuracy of financial records, tracking cash flows, and developing financial statements.
CFO Services
A CFO service offers much more than just accounting services or a fancy bookkeeping solution; they provide the same functions that an in-house CFO would for a fraction of the cost.
Audit Readiness
Alberts Chartered Accountants provide top-notch audit readiness services in the UAE, ensuring your business is always ready to confidently face an audit.
IFRS Training
International Financial Reporting Standards (IFRS) are increasingly being adopted around the globe for financial reporting.
ERP Implementation
With the rapid pace of technological advances, businesses must adapt and incorporate efficient systems to streamline operations and improve decision-making.
Enterprise Group
Why Choose Us As Your Service Provider
Experienced Professionals
Our team consists of highly skilled professionals with extensive industry experience, ensuring reliable and accurate financial solutions.
Tailored Solutions
We provide customized services designed to meet your unique business needs and objectives effectively.
Compliance & Accuracy
We ensure strict regulatory compliance and deliver precise, error-free financial reporting for your business.
Client-Focused Approach
We prioritize client needs by delivering responsive support, personalized solutions, and long-term trusted partnerships.
Regulatory Institutions
Approvals & Accreditations
We take pride in our expertise and are ready to discuss the accreditations and affiliations we support, reinforcing your trust in our capabilities.
Our Team
Behind Our Success
We take pride in our expertise and are ready to discuss the accreditations and affiliations we support, reinforcing your trust in our capabilities.
Mr. Muhammad Shakeel Minhas
CEO & Founder
Zaheer Shareef
Manager - Corporate Deals
Zeeshan Taimoor
Head of Book Keeping
Naveed Anjum
Head of Audit & ICV Certifications
Our Feedbacks
Clients are Talking
Discover the stories of success and satisfaction from our valued clients, and see how Alberts has made a significant impact in their professional journey.
Project Director
Partnering with Alberts for our ICV Certification was a game changer since 2020. Their expertise and tailored approach streamlined our process, aligning perfectly with our commitment to excellence and efficiency. Alberts' contribution has been invaluable in enhancing our operations and supporting our growth in the Middle East
Sr. Accounting Manager
Working with Alberts on our due diligence processes has been a transformative experience for Lyve Global. Their meticulous approach and in-depth analysis have provided us with critical insights, ensuring informed and strategic decision-making. Alberts' expertise and commitment to detail have been invaluable in navigating complex transactions, making them an essential partner in our business endeavors
Chief Investment Officer
FAQ'S
Frequently Asked Questions
Here are clear and detailed answers to some of the most frequently asked questions you may have.
What services does Alberts provide?
Alberts offers accounting, bookkeeping, tax consultancy, audit support, business advisory, and company formation services.
Do you handle VAT registration and filing?
Yes, we provide complete VAT registration, return filing, and compliance services for UAE businesses.
Can your services be customized for my business?
Absolutely. We tailor our solutions based on your industry, size, and specific financial requirements.
How can I contact Alberts for consultation?
You can reach us via phone, email, or our website contact form to schedule a consultation.
Alberts has been instrumental since 2019 in propelling our business to new heights. Their unparalleled expertise in ICV certification and advisory services has not only streamlined our operations but also significantly contributed to our growth and success. With Alberts, our journey through the ICV program was seamless and effective, ensuring we stay at the forefront of industry standards and excel in our projects. Their commitment to excellence and detailed understanding of the ICV framework makes them an invaluable partner for any forward-thinking business.