Accounting & Auditing services in UAE, the professionals who have been serving the customers in UAE for a decade
is a trusted leading professional Accounting, Auditing & Tax Consultancy firm registered under the Government of Sharjah, Media City, United Arab Emirates, all of your business needs can be met under one roof with cost-effective options that add value. Our services are of the best quality and follow the strictest rules of professional ethics.
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We, the leading “Authorized Tally Gold Partner” in UAE have been honored with various awards by Tally during our journey
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We are one of the 11 Authorized Gold Partners of Tally in UAE & Middle East
We extend our tally related support to the customers all over the United Arab Emirates
We provide solutions to all sorts of problems of our customers relating to Accounting & ERP
Accounting Software’s
VAT Consultancy
CFO Services
Inventory Management
Online/ Onsite Customer Support:
Our team of experts are always ready to solve the grievances of our customers with utmost sincerity & dedication.
Quality Services At Affordable Cost:
The professionally qualified execution team used to do their work in such a manner that the quality assured will be way too beyond the expectations of our customers.
What is accounting and auditing services?
Answer: Accounting & Auditing Services in UAE include many important financial management tasks that are necessary for businesses to be successful. Accounting is the process of keeping correct financial records by writing, analysing, and reporting financial events in a planned way.
On the other hand, accounting makes sure that these records are accurate, meet legal requirements, and give a good picture of the company’s financial health. A well-known name in the UAE, Live Auditing focuses on customising its accounting and auditing services to meet the needs of each customer.
From financial statement preparation to bookkeeping, Live Auditing verifies that everything is transparent and in accordance with the regulations. This facilitates informed decision-making for organisations that positively impacts their long-term expansion.
2. What is the CA body in the UAE?
Answer: The “UAE Chartered Accountant (CA) body” is the most important governing body in the field of Accounting & Auditing Services in UAE . Live Auditing is a respected organisation that oversees and controls the accounting and auditing industry in the UAE.
With a focus on upholding the highest standards of skill and honesty, the UAE CA body is a key part of making sure that financial reporting across many businesses is accurate and of high quality. Businesses and experts depend on its advice and certification to maintain high standards in accounting and audits, which builds trust in the UAE’s financial system.
3.What is the role of auditor inUAE?
Answer: The job of an inspector is complex and important in the fast-paced world of Accounting & Auditing Services in UAE, especially during Live Auditing. Auditors in the UAE are responsible for carefully going over financial records to make sure they follow both local and foreign rules.
They are very important for making sure that financial reporting is honest and accurate, and they give consumers and decision-makers useful information. Auditors help build trust in the UAE’s business environment by doing thorough reviews and close attention. This helps companies that do business there grow and progress in the long term.
4.Which accountin standard isused in UAE?
Answer: The International Financial Reporting Standards (IFRS) are the most commonly used accounting standard in the Accounting & Auditing Services in UAE . Companies and groups in the UAE follow these internationally recognised standards to make sure their financial reports are consistent, clear, and easy to compare.
They do this with the help of Live Auditing. IFRS makes it easier for countries to follow the best practices used around the world. This makes financial accounts more credible and trustworthy. When businesses in the UAE use IFRS, they can clearly tell stakeholders about their financial health and success. This builds trust in the country’s financial markets and helps the economy grow as a whole.
5.What is a Chartered Accountant do in UAE?
Answer: A Chartered Accountant (CA) plays many important parts in Accounting & Auditing Services in UAE , especially when it comes to Live Auditing. CAs are very important to companies and organisations in many different fields when it comes to financial management, auditing, taxes, and consulting.
They make sure that rules set by regulators are followed, give professional financial advice, and help make smart decisions. CAs help improve performance, lower risks, and make operations more efficient by carefully analysing and making sense of financial data. Their knowledge and skill are very important for keeping financial practices honest and open, which builds trust and confidence in the UAE’s business atmosphere.
6.What are the accounting standards used in UAE?
Answer: Live Auditing follows the International Financial Reporting Standards (IFRS) as the main accounting standard in the UAE’s Accounting and Auditing Services industry. These internationally recognised guidelines make sure that financial reporting for companies and organisations Accounting & Auditing Services in UAE in UAE is consistent, clear, and easy to compare across different sectors.
By using IFRS, organisations can make sure that their financial records are in line with best practices around the world. This increases their trustworthiness and makes it easier for stakeholders to understand. Live Auditing’s attention to IFRS shows that it is committed to keeping the highest standards of skill and honesty in accounting, which builds trust and faith in the UAE’s financial system.