1) Dubai Trust Contracting (DTC) is a small-medium enterprise established in 2005 in Dubai that provides contracting services. It underwent changes to its business structure and was impacted by the 2009 financial crisis. 2) DTC conducted an analysis of its accounting practices which revealed top problems like manipulating numbers, issues with revenue reporting, and lack of communication. 3) To address these issues, DTC proposed new accounting practices including implementing a chart of accounts, creating standard financial statements, documenting accounting policies, and using Intuit QuickBooks software. This aims to improve efficiency, synchronization, decision making and timely payments.

1. accounting for small And medium enterprises Dubai Trust Contracting (L.L.C.)

3. SME’s

4. Accounting and SME’s

6. Introduction: DTC History : 2005 Establishing Date 2007 Changing company's style 2009 Financial crises 2011 Accounting Proposal

7. DTC hierarchy: 2 ways relations 1 way relation

8. DTC Analyzing Table: Lack Of Efficiency Efficiency

9. DTC Analyzing Table:

10. DTC Analyzing Table:

11. Top Ten Accounting Problems DTC problems Playing with numbers methods Dealing with outside agencies Reporting at gross Revenue issues Human errors Lazy bones Keeping an eye Not so clear Accounting methods Lack of communication Human errors

12. Proposed Accounting Practices 1 Chart Of Accounts 2 Financial Statements 3 Accounting Policies 4 Applying software : Intuit Quickbooks Enterprise Solutions

13. Chart Of Accounts

14. Financial Statements for the period from January 1, 2011 up to May 31, 2011 Beginning Balance Sheet Income Statement

17. Intuit Quickbooks Enterprise Solutions

18. Conclusion First level: The managers & the shareholders Second level: accounting department & projects engineers Third level: suppliers and sub-contractors Fourth level: labors

22. Job Order Costing

23. ¡ Mucho Gracias Para Vosotros! Thank You So Much For Hearing Presented by : Basel Kamouh Supervised by: Dr. ElieSlameh In : 25/7/2011