Office 938, Business Tower, burjuman, Dubai, UAE
Accounting & Bookkeeping /

Accounting Review

Accounting review is the process of verifying books of accounts in detail for identification, mitigation and rectification of accounting mistake or lack of compliance in books of accounts. Accounting review refers to an evaluation of the financial books, conducted by the accountant or auditor, to determine if there are any chances of modifications or not and books of accounts are prepared in compliance of Generally Accepted Accounting Principles (GAAP).

Following process are effected in performing accounting review services

  • Review of the Books of Accounts, in accordance with the IFRS Accounting Standards and Policies for the time being in force;

Accounting

Review

  • Setting up import, export and out of scope sale account, verification of inventory, coordinating with customer and supplier for closing balance and research of new products etc.
  • Verify the approval process to ensure that company policies have been followed on the claims / bills / invoice submitted for payments
  • To apply cut off procedure to ensure all expenditures relating to the period have been recorded in the books of accounts.
  • Reconcile bank accounts with the bank statement each month for proper account balance
  • Review, analysis and reconcile general ledger accounts with relevant supporting documents for accuracy and confer with you regarding any items not fully understood.
  • Reviewing and supporting on import, export and custom related compliance
  • Provide MIS reports including profit / loss account, balance sheet, bank reconciliation statements, accounts receivables position, accounts payables position, cash flow statement, and any other relevant report required by the management to have a better understanding of the business operations.

Take a look at our accounting services to find a pricing plan that fits your budget.

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LOCATION

Office 938, Business Tower, burjuman, Dubai, UAE

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