FTA Approved Tax Agent Practice

Accounting and Bookkeeping Services in Dubai Under IFRS

Bookkeeping Firm in Dubai for UAE Entities

Established in 2008, we are a licensed audit, tax, and accounting practice serving over 5,000 clients across 14 industries. Operations cover ledger maintenance, bank reconciliation, month-end close, and management reporting aligned with International Financial Reporting Standards (IFRS).

Delivery rests on Federal Tax Authority (FTA) Approved Tax Agent status, independent Prime Global International membership, ISO 9001-2015 certification, and UAE Ministry of Justice accreditation. For finance leaders seeking accounting and bookkeeping services dubai based operators trust, Asad Abbas & Co. maintains ledger accuracy and reconciliation coverage across every engagement.


Our Bookkeeping Scope

Bookkeeping and Accounting Services in Dubai

Daily posting of purchase, sales, payment, and receipt transactions to the general ledger, coded to a Value Added Tax (VAT) ready chart of accounts and reconciled against source documents at the close of each accounting period.

Monthly reconciliation of bank accounts, credit card statements, and intercompany balances, with unreconciled items investigated and cleared before management accounts are released to finance leadership for review.

Invoicing, credit control, ageing schedules, and supplier payment cycles maintained through structured workflows. Our receivables and payables service supports cash flow forecasting for outsource accounting services dubai based finance functions rely on to manage working capital.

Trial balance review, accruals, prepayments, depreciation, and provisions posted to close the ledger. Management accounts, budget variance reports, and cash flow statements are prepared as part of our bookkeeping service in dubai delivery model.

Fully outsourced retainers are delivered on a monthly or quarterly basis, covering ledger operations, VAT return preparation support, payroll interface, and management pack production. Suited to SMEs, start-ups, and Free Zone (FZ) entities operating without an in-house finance function.

Ledger operations run on QuickBooks Online, Xero, Zoho Books, Tally, and Sage, aligned with FTA record-keeping requirements. Migration, chart of accounts redesign, and data cleanup for messy books form part of our dubai bookkeeping services scope.
Regulatory Depth and Credential Backing

What Sets Us Apart

Qualified Professionals

Engagements are staffed by CPAs, CGMAs, CMAs, and MBAs with UAE ledger and reporting experience. A partner reviewer signs off on every close, giving CFOs and finance controllers a defined escalation route across bookkeeping and accounting firms in dubai evaluation processes.

Credential Recognition

We hold FTA Approved Tax Agent, RERA and ADREC Registered Auditor, and Freezone Listed Auditor recognition across 17+ UAE free zones. ISO 9001:2015 and Ministry of Justice accreditation further reinforce the delivery standards trusted by lenders, boards, and shareholders.

International Methodology

As an independent member of Prime Global International, we apply IFRS and International Standards on Auditing (ISA) aligned workflows across ledger operations. This makes our bookkeeping services Dubai group entities require for consolidation reconciliation practical, comparable, and audit ready.

Stay Informed, Stay Ahead

Subscribe to Our Newsletter for Exclusive Insights


    FAQs

    Frequently Asked Questions

    Coverage includes transaction posting, ledger maintenance, bank reconciliation, VAT coded chart of accounts, month end close, and management reporting under IFRS. Engagements are scoped to your entity type, whether Mainland, Free Zone, or branch, and align with FTA record-keeping requirements. Our team of CPAs, CGMAs, and CMAs works with a partner reviewer assigned to every file. Records maintained under our accounting and bookkeeping services dubai based operators engage support audit sign-off, VAT return filing, and Corporate Income Tax (CIT) return preparation without rework.

    For outsourced engagements, bookkeeping and accounting services in Dubai begin with a scoping call to map entity structure, transaction volume, software environment, and reporting cadence. Once agreed, our team assumes daily posting, reconciliation, VAT preparation support, and monthly close, with a management pack issued each period. Reporting frequency, software (QuickBooks Online, Xero, Zoho Books, Tally, Sage), and turnaround windows are documented in the engagement letter, giving finance leaders a fixed scope and defined deliverables.

    For regulated industries, a top bookkeeping firm in dubai must combine regulator recognition with sector experience. Serving over 5,000 clients across 14 industries, including real estate, construction, healthcare, oil and gas, hotels, and manufacturing, our team holds RERA and ADREC registration, FTA Approved Tax Agent status, and Freezone auditor listings across 17+ UAE free zones. Ledger workflows align with each regulator's record-keeping expectations so that VAT, CIT, RERA escrow, and free zone reporting draw from a single reconciled source of truth.

    Yes. Outsourced accounting and bookkeeping services in Dubai suit start-ups, SMEs, and Free Zone entities operating without an in-house finance team. Delivery covers ledger operations, VAT return support, payroll interface, receivables and payables, and monthly management accounts. Retainer scope is agreed upfront on a fixed monthly fee, with reporting cadence, software, and escalation contacts set out in the engagement letter. Founders receive predictable finance operations from month one, backed by partner reviewer sign-off on each close.

    Yes. Fixed monthly retainers are standard. Scope is defined by transaction volume, software environment, and reporting cadence, with pricing agreed before the engagement starts. Deliverables typically include daily posting, monthly bank reconciliation, VAT return preparation support, and a management accounts pack covering profit and loss, balance sheet, and cash flow. Escalation contacts, partner reviewer sign-off, and turnaround windows are documented in the engagement letter, giving CFOs, controllers, and founders defined finance operations without variable staffing costs.

    Our teams work in QuickBooks Online, Xero, Zoho Books, Tally, and Sage, alongside FTA compliant custom ERP environments where clients already have one in place. Migration, chart of accounts redesign, historical cleanup, and multi currency configuration for traders operating across the GCC and international markets form part of scope. Data retention is aligned with FTA record-keeping requirements so that transaction history remains available for tax review, statutory audit, and lender due diligence.

    Records are structured around a VAT coded chart of accounts, with input and output tax positions tracked at the invoice level. Reconciliations between the general ledger, the VAT return, and the FTA EmaraTax portal are performed each period, and supporting documentation is indexed for FTA review. Voluntary disclosure exposure is monitored so that any variance identified during month end is corrected before the VAT return is submitted, reducing risk of assessment and penalty.

    Yes. Multi currency ledgers, exchange rate revaluation, and inter-company reconciliation are handled for Free Zone trading entities, e commerce operators, and holding structures. Software is configured for functional currency reporting under IFRS, with realised and unrealised FX gains and losses posted each close. Reporting packs cover margin analysis by currency and jurisdiction so that finance leaders have decision grade information for pricing, hedging, treasury planning, and reinvestment decisions.

    Scoping begins with a review of your existing ledger, VAT position, bank feeds, and reporting requirements. Transaction volume, reconciliation backlog, and software environment determine team allocation and retainer pricing. A partner reviewer is assigned to sign off each monthly close, and a management pack, including profit and loss, balance sheet, cash flow, and variance commentary, is issued within an agreed window each period. Escalation lines and reporting handoffs are set in the engagement letter.

    Asad Abbas & Co. combines 17+ years of UAE accounting experience with 40+ qualified professionals, including CPAs, CGMAs, and CMAs, and independent Prime Global International network access for group entities. As an FTA Approved Tax Agent and ISO 9001-2015 certified practice, records maintained by our team feed directly into VAT returns, CIT filings, statutory audits, and lender reporting. A partner reviewer signs off each close, giving CFOs and controllers a defined accountability line from posting through to management pack release.

    Ready to take your business to the next level?

    Connect with us today and hire an expert for expert financial solutions that drive real results.

    Connect With Us white-arrow