A & AB Associates LLC
Accounting Companies Dubai, UAE
If you are looking for Accounting Companies Dubai? A&AB Associates is a leading provider of accounting services in Dubai, UAE. We have team of chartered accountants which are highly experienced and specialize in providing various types of services, and our aim is to become our client’s business partners. Apart from that, we try to understand the requirements of our clients and give them solutions which helps them to get ahead of their competitors.
We are dedicated to provide high quality service to our clients. Our company is dedicated to deliver accurate and timely advice and services to our customers. At A&AB Associates, we have a team of highly experienced chartered accountants who are expert in various accounting services for small business as well large business in Dubai. We are among top ten accounting companies Dubai.
As we are a Professional accounting firms Dubai, we see the businesses increased complexity in their transactions and financial reporting is increasingly becoming more of a challenging nowadays. With our accounting consultants Dubai, we combine knowledge with expertise to provide clients meet their requirements as per the International Financial Reporting Standards.
- With our expert professionals, we are capable to increase your company success.
- Can maximize your cash flow.
- Expand your decision-making.
- Minimizing business risk and increase internal controls.
- Help you to gain and maintain the trust among your investors, Bankers, customers, suppliers and other stakeholders.
- Access to Professional Expertise
- Focuses on Core Business values
- Cost Savings
- Update Financial Operations
- Stay Compliant with local Regulations
- Improved Data Security
Bookkeeping services
The demand for bookkeeping services in Dubai, UAE, is on the rise. According to UAE law, all business entities must comply with accounting rules and regulations as outlined by International Financial Reporting Standards (IFRS).
Our outsourced bookkeeping services encompass the preparation and maintenance of daily transactions, including:
- Chart of Accounts Review and Setup:Establishing a structured chart of accounts tailored to your business needs.
- Data Entry: Accurately recording daily transactions to ensure up-to-date financial records.
- Flexible Visit Frequency: We can provide daily, weekly, monthly, or quarterly visits based on your requirements.
- Accounts Payable and Receivable Processing: Efficient management of your accounts payable and receivable.
- Bank Reconciliations: Regular reconciliation of bank statements to maintain accurate financial records.
- VAT Compliant Procedures: Ensuring that all bookkeeping practices adhere to VAT regulations.
- Generating MIS Reports: Creating Management Information System (MIS) reports for informed decision-making.
Accounts payable outsourcing
In today’s competitive market, businesses must continuously adapt their processes to minimize costs while maintaining product quality. You can simplify this challenging task by outsourcing your accounts payable processing, allowing you to focus on running your business.
By partnering with us, you can rely on our skilled accounting team to provide accounts payable processing services tailored to your needs. Rest assured that the sensitive data of your creditors is kept secure.
Our experienced team will develop customized outsourced accounting services in Dubai specifically for your business. We are known for streamlining procedures and minimizing your purchasing costs.
Accounting and financial reporting
Momentum LLC is an accounting and financial reporting firm based in Dubai, dedicated to providing professional services to businesses and individuals. Our experienced team of accountants offers a comprehensive range of services, including financial statement preparation, bookkeeping, tax planning and compliance, audit support, and more. Our objective is to ensure that our clients receive accurate and reliable financial information, empowering them to make informed decisions. We are committed to delivering the highest quality services to help our clients maximize their financial potential.
How Can We Help?
Financial System Design: We draft customized systems for accounting procedures and processes, including recording entries, documenting transactions, and establishing segregation of duties in bookkeeping.
Accounting Procedure Setup: We implement all necessary accounting procedures and configure accounting software to effectively manage your financial activities.
Data Entry and Account Updates: Our team will handle data entry and regularly update your accounts based on the frequency of your transactions.
Financial Reporting: We prepare your income statement, balance sheet, cash flow statement, and statement of equity. All reports will be generated quarterly and annually for ongoing analysis of your financial performance.
Our tax experts are consistently updated on the evolving tax laws and regulations. We provide strategic tax planning services in Dubai to help you optimize your tax liabilities while ensuring complete compliance with legal requirements.
We also provide accounting supervision services to assist businesses in Dubai in maintaining accurate financial records. Our experienced team of accounting professionals offers effective and reliable services, including bookkeeping, financial statement preparation, tax filing, and more. Each service is customized to meet the specific needs of individual businesses, helping them remain compliant with relevant regulations and laws. Additionally, we offer financial advice and guidance to empower businesses to make informed decisions and enhance their bottom line. As one of the top accounting firms in Dubai, we are committed to delivering the highest quality service to our clients.
As a third-party firm, we operate without any self-interest or self-review threats that could compromise our judgment. You can trust us to ensure that your daily transaction entries, bookkeeping, and financial reporting are conducted with integrity and accuracy.
Updating of backlog accounts
Maintaining accurate financial records can be a significant challenge for small to medium enterprises. If your business is registered under the commercial company law in the UAE, you are required to keep records of all financial transactions in the prescribed format.
Our team of professional chartered accountants in Dubai is here to assist you in preparing your books of accounts from the date of incorporation to the present. Simply provide us with the necessary supporting documents, including original purchase and sales invoices, payment and receipt vouchers, bank statements from the beginning of your operations, and records of all checkbooks used during the period. Our experts will ensure that all records are updated in your company’s accounting software.
You will receive the following financial reports:
- Balance Sheet or Statement of Financial Position
- Income Statement or Statement of Profit and Loss
- Statement of Cash Flow
- Details of the Company’s Accounts Receivable
- Details of the Company’s Accounts Payable
- Efficiency Reports
- Calculation of Variances and Output Analysis
- Calculation of Financial Ratios and Analysis
- Break-even Point Analysis for the Company
Account reconciliation services
Reconciliation accounts are crucial tools used by auditors to assess the accuracy of a business’s financial statements. This process involves verifying the organization’s financial records to identify any discrepancies. It is a specialized task that demands significant time and expertise, making outsourcing an ideal solution. Our team possesses the knowledge and skills necessary for matching and reconciling accounts in accordance with regulatory and statutory requirements.
How We Begin
Our highly qualified accountants in Dubai will first familiarize themselves with your accounting system. We will gather the necessary information from relevant departments and then propose a tailored solution designed specifically for your business. Our services include:
- Matching and reconciling your business records with all bank statements.
- Reconciling credit card payments with the statements provided by the bank.
- Reconciling other accounts, such as debtors and creditors.
- Ensuring that all invoices paid directly from the bank are accurately recorded in your company’s books.
If you are in need of account reconciliation services in Dubai, feel free to contact us.
Payroll services
Your employees are the strongest pillar of your business, and fostering their productivity starts with ensuring a healthy working environment, which includes timely salary payments. Payroll management can become complex if not handled properly, as it involves various prerequisites and benefits beyond simple wage calculations, such as leave, vacation expenses, insurance, and medical benefits. Instead of spending valuable time researching salary and wage laws and regulations, focus on what matters most for your business.
Why Choose Us?
At Momentum, we have extensive experience and a trusted reputation. We currently serve hundreds of satisfied clients, and our specialized team guarantees accurate payroll processing while helping you reduce costs associated with payroll services in Dubai.
We uphold a strict confidentiality policy, ensuring that your employees’ information and data remain secure and are never shared with third parties.
Momentum’s Perspective for SMEs
We have developed a comprehensive and cost-effective accounting solutions plan tailored for UAE-based SMEs, enabling them to navigate the challenges of the new normal efficiently and effectively. Partner with us to simplify your payroll management and enhance your business operations.
Our team of skilled auditors performs independent and comprehensive examinations of your financial records, delivering reliable assurance regarding the accuracy and integrity of your financial statements. We not only verify your financial data but also identify areas for improvement, helping to strengthen your internal controls and enhance overall operational efficiency. With our expertise, you can trust that your financial practices are robust and compliant, positioning your business for sustained growth and success.
As one of the leading accounting firms in Dubai, we provide essential financial information and analysis to bolster your strategic decision-making. Our management accounting services empower you to effectively monitor performance, plan budgets, and optimize resource allocation, ensuring that your business operates at peak efficiency and drives sustainable growth. With our expertise, you can make informed decisions that align with your business goals.
We guarantee that your business stays compliant with all relevant laws and regulations. Our team of experts expertly manages the preparation and submission of regulatory reports, including tax returns, VAT filings, and financial disclosures, ensuring you meet all deadlines and requirements. This proactive approach minimizes risks and helps you focus on growing your business.
Value Added Services
Feasibility Study & Business Plan
We provide you with the insights and information you need to ensure your business succeeds.
VAT Compliant Accounting Services
We help your business stay compliant with regulations and manage finances efficiently.
Audit Services
Learn of possible problems and ways to overcome them, much before they occur.
Legal Advisory & Corporate Structuring
We also help you optimize your business operations and ensure long-term success.
Drafting Agreements
We help you create crystal clear contracts, so you can protect your business interests and avoid disputes.
Trade Mark Registration
We provide protection and recognition for your business, helping you stand out from the competition.
PRO Services
We offers a range of PRO services in Dubai, providing a reliable and cost-effective solution to your needs.
Bank Account Assistance
We enable your business to manage its finances more efficiently and securely.
Nominee Services
We provide an essential layer of protection to your business and help safeguard your assets.
We provide a range of essential services for businesses in the UAE, including:
VAT Consultancy
Supporting VAT implementation, conducting impact analysis, managing necessary accounting records and system modifications, and providing training for accountants within organizations.
TAX Services
Delivering expert insights into the latest tax laws and offering legal solutions for tax-related issues through our specialized team of tax professionals.
Bookkeeping
Offering a full spectrum of accounting and bookkeeping services.
Financial Services
Assisting clients in prioritizing organizational growth while effectively managing limited resources.
Management Accounting
Providing guidance on business planning, financial management, and conducting financial analysis to help companies make informed decisions.
Internal Audit
Performing interim and full-time internal audits to evaluate and analyze the internal control systems of organizations.
Highlights
- 100% Foreign Ownership
- 0% Corporate Tax
- 0% Income Tax
- 100% Repatriation of capital and profits
At Momentum we are committed to deliverring exceptional banking solutions that meet your unique needs and exceed your expectations.
Contact us today to learn more!
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