Finance and Accounting services are core part of any business operations and are handled by each and every business on daily basis. Though crucial, these tasks are time-consuming and need full-time expert supervision which may take away your focus from the core business offerings. And also one cannot be expert in all field, this increases the chances of errors which can affect your business in long-term.
Fahad Masood Tax Consultancy is the leading company in Abu Dhabi providing Finance and Accounting services to its client all over the UAE according to the International Financial Reporting Standards (IFRS). We are committed to providing you accurate Accounting information to make critical business decisions in less time meeting the highest level of standards and quality.
We are a team of professionals, knowledgeable and experienced chartered accountants who analyze your business requirements in a very systematic manner to provide you customized solutions to all your Accounting needs in the best possible manner and at an affordable cost.
We also provide computerized accounting system and periodic accounting supervision services by the trained accountants that can help take care of all your accounting woes.
Our finance & accounting services will include the following:
Accounting and Bookkeeping Services
We provide the complete range of Accounting and Bookkeeping services meeting all the professional standards and quality according to the business requirements. We ensure reliable recording and timely production of important documents to create efficiency in a business environment. We aim at helping your business improve the cash flows and develop an effective system for managing and monitoring the financial health of your business.
Our team of professionals will closely supervise daily transactions including payable/ receivable, general ledger, bank reconciliations etc. We will be organizing financial data into useful information and maintain updated records to track the financial and accounting objectives to ensure that it complies with the laws.
Forecasting & Projections
Forecasting and projections are important for any business operations as the future are uncertain and we need projections to make predetermined standards against which our efforts can be governed. At Fahad Masood Tax Consultancy we provide easy to use a financial forecast that is appropriate for your specific business requirement. We work on cause and effect relationship so that you can distinguish between what’s important and what isn’t.
Accounts payables/receivables outsourcing
We help our clients by transforming their account payables processes into an automated system which results in lower processing costs, improved controls and the highest level of business intelligence. We provide our clients with the innovative and comprehensive account payables/receivable outsourcing services after analyzing the business needs across industries.
We provide Payroll Reconciliation service to every type of the business organization all over the UAE. We help the organization in maintaining the confidentiality of critical data and eliminate the legal issues. We also ensure the proper control and balance of funds in the company.
Preparation and mapping of the chart of accountants
To track and maintain the financial information we prepare and map the chart of accounts for your organization. It defines the financial framework which can be further used and shared by any legal entity. While preparing and mapping charts of accounts we assure that it meets the International Financial Reporting Standards (IFRS) and also the legal requirements of UAE.
Preparation of management reports – Income statement, statement of financial position etc
Management reports are the most important tool in any organization for taking strategic decisions. And at Fahad Masood Tax Consultancy, our team of experienced professional prepare these reports i.e Income statement and Balance sheet very accurately and carefully on the monthly basis to provide you with the up to date insight as for the performance of the key indicators across the organization.
We provide full account reconciliation service to our clients which helps in identifying the errors and inconsistencies requiring the correction. We perform Check Sequencing, Reconciliation reports in electronic files or paper, Comprehensive reports in balance with your bank statement, Flexible reconciliation periods, Input data in client-specific formats etc.
Fahad Masood Tax Consultancy is one of the flourishing company in UAE with the team of experienced and professional experts that can help you with all your Finance and Accounting needs while you can focus on the other important areas of your business offering.