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ACCOUNTING SERVICES IN
DUBAI
https://hlbhamt.com/
HLB HAMT offers Accounting Services in Dubai, UAE & Advisory services entailing
paramount quality account and financial record maintenance and customer support.
Our accountants in Dubai will help you to significantly reduce the administrative
burden and exuberant financial costs incurred.
This enables our partners to channelize and streamline their efforts to concentrate on
core risk areas and improve company performance with increased flexibility to
respond to growing business and accounting requirements in UAE.
HLB HAMT, a renowned accounting firm in Dubai, takes care of your distinct
financial needs and also ensure that your businesses strategize better and scale new
heights. Our chartered accountants in UAE are proficient in manifold aspects of
accounting and finance and thus our clients’ company accounts are safe in our hands.
You can rely on our team for accurate accounting services and use your valuable time
on other significant areas of your business.
ACCOUNTING SERVICES IN DUBAI
Online or Cloud-based Accounting Services in
UAE
Most popular in modern era with the Startups
and SMEs to whom flexibility & scalability are of
prime importance. Financial Information can be
accessed from anywhere at any time with internet
access.
Onsite Accounting Services in UAE
Preferred by Mid-Sized to Large Entities, where
transition to another platform is a time-
consuming and cumbersome exercise. Results in
more close interaction with the Client.
Accounting System Setup & Training Services in
UAE
Assistance in setting up a proper accounting
system and process flow. Provide training on how
to use the Accounting Software.
Accountant Secondment Services in UAE
Qualified and Experienced Accountants at your
service for a temporary period ranging from one
month to six months. The period can be extended
on mutual consent.
Receivables & Payables Management Services in
UAE
This mainly includes:
 Creation of POs/Invoices
 Electronic delivery of POs/Invoices
 Timely follow-up/Timely payment
 Periodical Status Report to the Management
Budgeting & Forecasting Services in UAE
Assistance in preparation of periodical budgets
like revenue and expenditure. Also, cash flow
forecast which enables the business to know the
expected inflows, outflows and available balance
over a particular period.
Data Entry or Transaction Processing Services in
UAE
At HLB HAMT, we have a Team supported by
back office in India where we can undertake a
high volume of data entry or transaction
processing of any kind with high accuracy at very
affordable price.
External Audit Support Services in UAE
Audit being the Core Service at HLB HAMT, we
have a dedicated team who can easily understand
the External Audit requirements and collaborate
with the external team to ensure the audit is
completed on time.
Reconciliation Assignments in UAE
This requires where the volume of data is very
high. The reconciliation service mainly includes:
 Cash/Bank Reco
 Inventory Reco
 Receivables & Payables Reco
Management Reporting Services in UAE
Customized Reports to the Management on time
to aid decision making. Ensure that the financial
information provided are reliable and in
compliance with the standards.
Sales Audit Services in UAE
Being listed with most of the Mall Authorities,
carrying out more than 1000 sales audit in a year
for various well-known brands, HLB HAMT
should be anyone’s preferred vendor for this
particular service.
Accounting Supervision/Internal Accounting
Review Services in UAE
Providing an independent eye to review the
accounts prepared by the Client and recommend
corrections to improve the reliability of financial
information and internal control process.
VAT Compliance Review & VAT Filing Services in
UAE
As VAT cannot be separated from the Accounting
System, here we take care of the VAT Compliance
and VAT Filing requirement of startups to very
small and mid-sized Entities at very affordable
prices.
Physical Verification of Inventories in UAE
The Services include:
 Physical Count (including barcode counting)
 Supervision of Stock Count
 Asset Tagging
 Reconciliation with System Stock
Agreed Upon Procedure in UAE
Its an independent audit of relevant extracts from
the Financial Statements as per ISRS 4400. The
usual assignments we undertake includes:
 Exchange Remittance Audit
 Revenue Audit
 Expense Audit
 Receivables/Payables Certification
 Inventory Certification
 Any other relevant certifications
Virtual CFO Services in UAE
The Services include:
 Interpretation of Financial Information
 Suggest measures to boost revenue and control
expenditure
 Special Reports tailored to Client requirements
to aid decision-making like Budgeting, KPIs
and other Business Efficiency Reports
FREQUENTLY ASKED QUESTIONS –
ACCOUNTING SERVICES
 When to consider outsourcing of Accounting and VAT Services in UAE?
Typically, it is always beneficial to outsource accounting function than to do it in-house.
But when the company is a start-up or at small or medium scale, it is advisable to
outsource the accounting and VAT Compliance work.
Also, at times where business needs to control the cost without compromising on
information quality, outsourcing is a good choice.
There are many models in which outsourcing is done, including Data entry & Bookkeeping,
outsourcing of supervision, outsourcing of Finance controlling etc. Each of the options has
their own value for money.
How is the costing and fees structure determined? Is Accounting outsourcing
services expensive in UAE?
The professional fees for outsourcing of accounts are usually based on Blended Man
Hours / Days Rates. These rates are worked out based on amount of time and
expertise needed to do an assignment. Effectively, it only charges the productive hours
of working on an assignment; therefore it is less expensive when compared with in-
house teams.
Do you get Advisory on technical and commercial matter from VAT and other
compliance points of view?
During the professional account outsourcing, the teams are trained to identify and
review the applicable statutory compliances including VAT, Excise, ESR etc.
Therefore, the client gets well in advance the advice as to what compliances are
required to be done and the process to be followed to do that.
CONTACT US
HLB HAMT
Level 18, City Tower-2,
Sheikh Zayed Road
PO Box 32665
Dubai – United Arab Emirates.
Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com

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Accounting Services in Dubai.pptx

  • 2. HLB HAMT offers Accounting Services in Dubai, UAE & Advisory services entailing paramount quality account and financial record maintenance and customer support. Our accountants in Dubai will help you to significantly reduce the administrative burden and exuberant financial costs incurred. This enables our partners to channelize and streamline their efforts to concentrate on core risk areas and improve company performance with increased flexibility to respond to growing business and accounting requirements in UAE.
  • 3. HLB HAMT, a renowned accounting firm in Dubai, takes care of your distinct financial needs and also ensure that your businesses strategize better and scale new heights. Our chartered accountants in UAE are proficient in manifold aspects of accounting and finance and thus our clients’ company accounts are safe in our hands. You can rely on our team for accurate accounting services and use your valuable time on other significant areas of your business.
  • 4. ACCOUNTING SERVICES IN DUBAI Online or Cloud-based Accounting Services in UAE Most popular in modern era with the Startups and SMEs to whom flexibility & scalability are of prime importance. Financial Information can be accessed from anywhere at any time with internet access. Onsite Accounting Services in UAE Preferred by Mid-Sized to Large Entities, where transition to another platform is a time- consuming and cumbersome exercise. Results in more close interaction with the Client.
  • 5. Accounting System Setup & Training Services in UAE Assistance in setting up a proper accounting system and process flow. Provide training on how to use the Accounting Software. Accountant Secondment Services in UAE Qualified and Experienced Accountants at your service for a temporary period ranging from one month to six months. The period can be extended on mutual consent.
  • 6. Receivables & Payables Management Services in UAE This mainly includes:  Creation of POs/Invoices  Electronic delivery of POs/Invoices  Timely follow-up/Timely payment  Periodical Status Report to the Management Budgeting & Forecasting Services in UAE Assistance in preparation of periodical budgets like revenue and expenditure. Also, cash flow forecast which enables the business to know the expected inflows, outflows and available balance over a particular period.
  • 7. Data Entry or Transaction Processing Services in UAE At HLB HAMT, we have a Team supported by back office in India where we can undertake a high volume of data entry or transaction processing of any kind with high accuracy at very affordable price. External Audit Support Services in UAE Audit being the Core Service at HLB HAMT, we have a dedicated team who can easily understand the External Audit requirements and collaborate with the external team to ensure the audit is completed on time.
  • 8. Reconciliation Assignments in UAE This requires where the volume of data is very high. The reconciliation service mainly includes:  Cash/Bank Reco  Inventory Reco  Receivables & Payables Reco Management Reporting Services in UAE Customized Reports to the Management on time to aid decision making. Ensure that the financial information provided are reliable and in compliance with the standards.
  • 9. Sales Audit Services in UAE Being listed with most of the Mall Authorities, carrying out more than 1000 sales audit in a year for various well-known brands, HLB HAMT should be anyone’s preferred vendor for this particular service. Accounting Supervision/Internal Accounting Review Services in UAE Providing an independent eye to review the accounts prepared by the Client and recommend corrections to improve the reliability of financial information and internal control process.
  • 10. VAT Compliance Review & VAT Filing Services in UAE As VAT cannot be separated from the Accounting System, here we take care of the VAT Compliance and VAT Filing requirement of startups to very small and mid-sized Entities at very affordable prices. Physical Verification of Inventories in UAE The Services include:  Physical Count (including barcode counting)  Supervision of Stock Count  Asset Tagging  Reconciliation with System Stock
  • 11. Agreed Upon Procedure in UAE Its an independent audit of relevant extracts from the Financial Statements as per ISRS 4400. The usual assignments we undertake includes:  Exchange Remittance Audit  Revenue Audit  Expense Audit  Receivables/Payables Certification  Inventory Certification  Any other relevant certifications
  • 12. Virtual CFO Services in UAE The Services include:  Interpretation of Financial Information  Suggest measures to boost revenue and control expenditure  Special Reports tailored to Client requirements to aid decision-making like Budgeting, KPIs and other Business Efficiency Reports
  • 13. FREQUENTLY ASKED QUESTIONS – ACCOUNTING SERVICES  When to consider outsourcing of Accounting and VAT Services in UAE? Typically, it is always beneficial to outsource accounting function than to do it in-house. But when the company is a start-up or at small or medium scale, it is advisable to outsource the accounting and VAT Compliance work. Also, at times where business needs to control the cost without compromising on information quality, outsourcing is a good choice. There are many models in which outsourcing is done, including Data entry & Bookkeeping, outsourcing of supervision, outsourcing of Finance controlling etc. Each of the options has their own value for money.
  • 14. How is the costing and fees structure determined? Is Accounting outsourcing services expensive in UAE? The professional fees for outsourcing of accounts are usually based on Blended Man Hours / Days Rates. These rates are worked out based on amount of time and expertise needed to do an assignment. Effectively, it only charges the productive hours of working on an assignment; therefore it is less expensive when compared with in- house teams.
  • 15. Do you get Advisory on technical and commercial matter from VAT and other compliance points of view? During the professional account outsourcing, the teams are trained to identify and review the applicable statutory compliances including VAT, Excise, ESR etc. Therefore, the client gets well in advance the advice as to what compliances are required to be done and the process to be followed to do that.
  • 16. CONTACT US HLB HAMT Level 18, City Tower-2, Sheikh Zayed Road PO Box 32665 Dubai – United Arab Emirates. Tel: +971 4 327 7775 E-mail: dubai@hlbhamt.com