The management and accounting staff often do not have the time or expertise to prepare accurate financial statements and audit file or answer all the questions that arise during the audit by statutory auditors. Many times, this results in inefficient audit, and a less than satisfying experience for everyone involved in this process.
HLB HAMT has an experienced team of professionals, who have exposure in different industry segments, deep knowledge in IFRS Framework and familiarity with international standards on auditing and quality assurance.
HLB HAMT has experience in handling several Donor audits and provide the necessary assurance to the Donor and provide recommendations to the project managers for efficient utilization.
Data analysts and data scientists are becoming commonplace in most businesses nowadays and employing them on a full-time basis creates a severe financial burden to the management; this is where HLB HAMT and their data analysis professionals step in.
Dubai is a city-state and one of the seven emirates in the United Arab Emirates. Over the last couple of decades, Dubai has emerged as a cosmopolitan city and leading destination in the MENA region in international trade, tourism and Innovation.
Dubai is nowadays always compared to megacities like Hongkong and Singapore and has become home to 200+ nationalities. The Dubai government and its policies are always unique and transparent and considered a business-friendly welcome approach to its residents and business community.
Strong business processes are crucial for organizations to run their business effectively. Having good processes help organizations reduce their dependency on individuals. Good processes also help companies to scale up their operations and to be equipped to take on emerging market opportunities.
HLB HAMT has been helping many companies across industries adopt digital transformations in the last few years. The most popular and adoptive among the digital transformation processes are Robotic Process Automation (RPA). The software or “bots” emulate human actions, capture data, and manipulate applications to effectively execute a business process.
A probationary period is meant to allow the company to evaluate the new hire and make a decision on whether to keep the working relationship continue or end it.
The management and accounting staff often do not have the time or expertise to prepare accurate financial statements and audit file or answer all the questions that arise during the audit by statutory auditors. Many times, this results in inefficient audit, and a less than satisfying experience for everyone involved in this process.
HLB HAMT has an experienced team of professionals, who have exposure in different industry segments, deep knowledge in IFRS Framework and familiarity with international standards on auditing and quality assurance.
HLB HAMT has experience in handling several Donor audits and provide the necessary assurance to the Donor and provide recommendations to the project managers for efficient utilization.
Data analysts and data scientists are becoming commonplace in most businesses nowadays and employing them on a full-time basis creates a severe financial burden to the management; this is where HLB HAMT and their data analysis professionals step in.
Dubai is a city-state and one of the seven emirates in the United Arab Emirates. Over the last couple of decades, Dubai has emerged as a cosmopolitan city and leading destination in the MENA region in international trade, tourism and Innovation.
Dubai is nowadays always compared to megacities like Hongkong and Singapore and has become home to 200+ nationalities. The Dubai government and its policies are always unique and transparent and considered a business-friendly welcome approach to its residents and business community.
Strong business processes are crucial for organizations to run their business effectively. Having good processes help organizations reduce their dependency on individuals. Good processes also help companies to scale up their operations and to be equipped to take on emerging market opportunities.
HLB HAMT has been helping many companies across industries adopt digital transformations in the last few years. The most popular and adoptive among the digital transformation processes are Robotic Process Automation (RPA). The software or “bots” emulate human actions, capture data, and manipulate applications to effectively execute a business process.
A probationary period is meant to allow the company to evaluate the new hire and make a decision on whether to keep the working relationship continue or end it.
HLB HAMT is a leading ICV certificate provider in UAE accredited by the relevant authorities as one of the certifying bodies. For ICV Certification In Dubai, Contact us.
HLB HAMT have a team of Registered auditor in Abu Dhabi, UAE. Considered as a most trusted international auditor in Abu Dhabi for over a decade. Contact to our Audit firm in Abu Dhabi for Best Services.
Our Audit and Assurance Practices adhere to the International Standards on Quality Control, Auditing, Review issued by the International Federation of Accountants
HLB HAMT is among the certified Auditors in Dubai UAE provides professional audit services in UAE with 29 years of experience. As a reputed audit firm, our service is recognized in middle east.
Data Entry and Transaction Processing.pptxAdarsh748147
HLB HAMT is one of the top data entry and transaction processing companies in Dubai. We serve payers and providers in different sectors at reasonable rates all over UAE.
HLB HAMT offers the best of Accounts payable outsourcing services around UAE that offer completely flexible and innovative accounts payable solutions. Contact Us to know more
In search of Accounting Services in Dubai from the best accounting firm in UAE? Certified professional chartered Accountants providing Bookkeeping and Accounting services in Dubai.
Due Diligence Services for Mergers & Acquisitions in Dubai, UAE.pptxAdarsh748147
Encouraging both parties to conduct due diligence services for mergers and acquisitions in Dubai, UAE on the other company with the assistance of a professional competent firm like HLB HAMT.
We are the best due diligence companies in Dubai. We assist all types of due diligence services. Commercial, Financial and Accounting Due diligence in Dubai UAE
Transaction Advisory Services in UAE.pptxAdarsh748147
Our transaction advisory team at HLB HAMT provide you the assurance of a smooth and seamless transaction experience including Due Diligence, Valuation and other related services.
The United Arab Emirates’ Central Bank or simply CBUAE was founded in 1980, with Dubai and Abu Dhabi both contributing half of their earnings in the organization.
HLB HAMTs professional Business Consultancy in DIFC are expertise and experienced to advise Fund management companies in DIFC and for achieving DIFC Regulated License. Contact Us!
Anti-Money Laundering (AML) in UAE.pptxAdarsh748147
Using the services of HLB HAMT can provide a protective shield against money laundering challenges for firms in the DIFC and related financial institutions in UAE.
HLB HAMT is a leading ICV certificate provider in UAE accredited by the relevant authorities as one of the certifying bodies. For ICV Certification In Dubai, Contact us.
HLB HAMT have a team of Registered auditor in Abu Dhabi, UAE. Considered as a most trusted international auditor in Abu Dhabi for over a decade. Contact to our Audit firm in Abu Dhabi for Best Services.
Our Audit and Assurance Practices adhere to the International Standards on Quality Control, Auditing, Review issued by the International Federation of Accountants
HLB HAMT is among the certified Auditors in Dubai UAE provides professional audit services in UAE with 29 years of experience. As a reputed audit firm, our service is recognized in middle east.
Data Entry and Transaction Processing.pptxAdarsh748147
HLB HAMT is one of the top data entry and transaction processing companies in Dubai. We serve payers and providers in different sectors at reasonable rates all over UAE.
HLB HAMT offers the best of Accounts payable outsourcing services around UAE that offer completely flexible and innovative accounts payable solutions. Contact Us to know more
In search of Accounting Services in Dubai from the best accounting firm in UAE? Certified professional chartered Accountants providing Bookkeeping and Accounting services in Dubai.
Due Diligence Services for Mergers & Acquisitions in Dubai, UAE.pptxAdarsh748147
Encouraging both parties to conduct due diligence services for mergers and acquisitions in Dubai, UAE on the other company with the assistance of a professional competent firm like HLB HAMT.
We are the best due diligence companies in Dubai. We assist all types of due diligence services. Commercial, Financial and Accounting Due diligence in Dubai UAE
Transaction Advisory Services in UAE.pptxAdarsh748147
Our transaction advisory team at HLB HAMT provide you the assurance of a smooth and seamless transaction experience including Due Diligence, Valuation and other related services.
The United Arab Emirates’ Central Bank or simply CBUAE was founded in 1980, with Dubai and Abu Dhabi both contributing half of their earnings in the organization.
HLB HAMTs professional Business Consultancy in DIFC are expertise and experienced to advise Fund management companies in DIFC and for achieving DIFC Regulated License. Contact Us!
Anti-Money Laundering (AML) in UAE.pptxAdarsh748147
Using the services of HLB HAMT can provide a protective shield against money laundering challenges for firms in the DIFC and related financial institutions in UAE.
2. “The financial statements are the responsibility of management,” always appear
prominently in most of the auditor’s communications, including the audit report and
eventually the preparation for the statutory audit will be always challenging for the
management.
The management and accounting staff often do not have the time or expertise to prepare
accurate financial statements and audit file or answer all the questions that arise during
the audit by statutory auditors. Many times, this results in inefficient audit, and a less
than satisfying experience for everyone involved in this process.
HLB HAMT has an experienced team of professionals, who have exposure in different
industry segments, deep knowledge in IFRS Framework and familiarity with international
standards on auditing and quality assurance.
3. HASSLE-FREE AUDIT PROCESS
Our accounting team at HLB enables a smooth and hassle-free audit process. Our services include the
following:
Year-end closing process
Preparation of lead schedules
Analyze or reconcile accounts
Initiate confirmations for mailing
Evaluate or select accounting policies or procedures
Prepare financial statements or footnote disclosures
Evaluate and determine estimates included in financial statements
4. Preparation of calculation sheets and supporting schedules
Establish account grouping or classifications in the financial statements
Follow up with PBC list provided by the external auditor
Answering queries of external auditor related to the above
5. We can also assist you on industry-specific issues:
1. Real estate or developer companies
We will help you to recognize revenue in accordance with IFRS 15 for all the development
projects, which includes the retrospective application, calculation sheets, cost allocation,
transfer to inventory and development in progress. This will be performed in consideration
with RERA guidelines.
2. Construction and contracting companies
Our experienced industry-specific staff can help you to calculate and prepare the revenue
recognition and contract work in progress tables in line with IAS -11 / IFRS-15 in order to
have a proper closing of accounts. Also, we can assist with the fair valuation of financial
assets and impairment on investments.
6. IFRS FINANCIAL STATEMENTS
Are you facing difficulty in preparing IFRS financials because of;
Disruption of regular activities of accounting staff
Lack of quality staff due to cost or availability
Inconsistencies on the application of accounting policies
Awareness or understanding issues on latest standards or its amendments and industry
best practices
Financial agencies or suppliers asking in-house financial statements
7. HLB HAMT’s highly skilled professionals can help you tackle all these problems and
prepare general purpose financial statements in IFRS framework in a timely, accurate
and understandable manner with due professional care.
This will help the management reduce the opportunity to gain synergies and
efficiencies and resulting reduced costs, so the management can concentrate on
making important business decisions and accounting staff can concentrate on their
daily activities.
8. OUR METHODOLOGY
Understand the entity and its business segments
Develop the financial statements template according to the business and according
to the revised or new IFRS and related interpretations
Prepare information request list and circulating among staff including different
departments
Assist or train the staff to respond the information request lists and reconciliations
Work with the proven technologies
9. 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