Accounting Services
in Abu Dhabi
We manage the accounting close, review the balances that matter, and produce financial information that management can understand before decisions need to be made.
13+ YEARS OF UAE FINANCIAL EXPERIENCE
- Monthly Financial Close
- Balance Review
- Abu Dhabi, UAE
A Clearer Financial Close
Replace late, unexplained reports with reviewed accounts that show the financial position behind daily operations.
More Defensible Balances
Material asset, liability, income, and expense balances are supported by schedules, reconciliations, calculations, and source records.
Better Monthly Review
Management can see what changed in revenue, costs, cash, receivables, payables, and profitability before issues become year-end surprises.
Fewer Accounting Gaps
Accruals, prepayments, fixed assets, intercompany balances, and old reconciling items receive attention during the close process.
Stronger Decision Information
Financial reports explain the current position with enough detail for owners, directors, lenders, and operational managers to act on.
Accounting Control Work
The scope focuses on the monthly close, financial statement balances, reporting requirements, and information management needs.
Monthly Close Management
Set close tasks, document deadlines, review account completion, and coordinate month-end accounting procedures.
General Ledger Review
Review ledger classifications, unusual journals, account movements, opening balances, and material month-end entries.
Balance Sheet Substantiation
Prepare or review schedules supporting cash, receivables, payables, inventory, assets, liabilities, and equity balances.
Accrual And Prepayment Accounting
Calculate and record accrued expenses, prepaid costs, deferred income, and related period-end adjustments.
Fixed Asset Accounting
Maintain fixed asset records, additions, disposals, depreciation calculations, and asset-related account reconciliations.
Management Accounts Preparation
Prepare profit and loss, balance sheet, cash flow, variance analysis, and management commentary.
Working Capital Reporting
Report receivables, payables, inventory, cash movements, aging, and items affecting operating liquidity.
Tax Accounting Support
Organize accounting schedules and reconciliations supporting VAT and Corporate Tax calculations and reporting.
Year-End Reporting Support
Prepare closing schedules, financial statement support, audit evidence, and unresolved-item records for year-end.
Abu Dhabi Accounting Control
Ahmed Mahfoudh Chartered Accountants & Auditors brings more than 13 years of UAE financial experience to accounting engagements in Abu Dhabi. I focus on the part of accounting that turns transactions into dependable financial information: closing the period, reviewing balance movements, supporting significant accounts, and preparing reports that make sense to management. The process gives attention to the items that are often left until year-end, including accruals, prepayments, fixed assets, old receivables, supplier balances, and reconciliations. That makes financial reporting more useful throughout the year, not only at the audit stage.
How Monthly Accounts Are Reviewed
The common mistake is issuing a profit and loss statement before checking whether the balance sheet accounts supporting it are complete.
The close has a defined sequence
Month-end work follows an agreed order: source records are collected, reconciliations are completed, significant balances are reviewed, adjustments are posted, and reports are prepared. This reduces the risk of issuing management information while key account items remain unresolved.
Material balances need support
Significant cash, receivable, payable, inventory, asset, and liability balances are checked against schedules, bank records, statements, invoices, contracts, or calculations. A balance sheet should show amounts that can be explained, not figures carried forward without evidence.
Reports distinguish facts from estimates
Management accounts can include actual performance, accounting adjustments, estimates, and outstanding items, but these are identified clearly. This helps directors understand which figures are final, which are based on accruals or assumptions, and which need follow-up.
Abu Dhabi Accounting Support
Monthly financial control for businesses that need reviewed balances and decision-ready reporting.
Sameh Abdalla
CEO & Founder
Sami Abdallah leads the firm with expertise in accounting, audit, tax advisory, and consulting. He provides strategic guidance and supports long-term business growth across the UAE.
Ahmed Mahfoudh
Audit Manager
Ahmed Mahfoudh manages audit assignments and financial reviews with a focus on accuracy, compliance, and risk assessment. He delivers clear insights to strengthen financial control.
Ahmed Elbadawi
Legal Manager
Ahmed Elbadawi provides legal guidance, contract management, and compliance support. He helps protect business interests, reduce risks, and ensure smooth legal operations.
Ahmed Samir
Tax Manager
Ahmed Samir specializes in UAE VAT, corporate tax, and compliance services. He supports businesses in managing tax obligations while improving financial efficiency and compliance effectively.
What Abu Dhabi Finance Teams Say
These owners and finance leaders wanted timely reports they could present, understand, and use.
“Timely reports and accurate figures give me more confidence when presenting results to the board.”
“Everything is organized, compliant, and explained in a way I can genuinely understand.”
“The books stay clean month after month, and the guidance remains practical.”
“Clear updates arrive without chasing, reducing the workload created by delayed reports and small errors.”
“Accurate books and timely statements help me make decisions from solid financial information.”
“Their consistent accounting support improved our confidence in the records and reduced daily pressure.”
Accounting Questions For Abu Dhabi
The key details to agree before a monthly accounting and reporting process begins.
What do accounting services include?
Accounting services can include ledger review, reconciliations, month-end adjustments, balance-sheet support, management accounts, financial statements, working-capital reporting, and tax accounting schedules. The scope is set around the business’s reporting needs and record condition.
What is a monthly financial close?
A monthly close is the process of completing accounting work for a reporting period before issuing financial reports. It commonly includes bank reconciliations, review of receivables and payables, accruals, prepayments, depreciation, ledger review, and balance-sheet support.
What are management accounts?
Management accounts are internal financial reports used to review business performance and position during the year. They can include a profit and loss statement, balance sheet, cash flow, budget variance, receivables aging, payables aging, and explanatory commentary.
Why are accruals and prepayments needed?
Accruals record costs incurred but not yet invoiced or paid, while prepayments defer costs paid in advance to the relevant future period. Both adjustments help report income and expenses in the period to which they relate.
Can you support VAT accounting?
Yes. Accounting work can organize sales, purchases, input VAT, output VAT, and reconciliations supporting VAT return preparation. VAT registration is mandatory when taxable supplies and imports exceed AED 375,000 over the previous 12 months or are expected to exceed that amount within 30 days.
Can you support Corporate Tax records?
Yes. Accounting schedules and reconciliations support the information used for Corporate Tax calculations and returns. UAE Corporate Tax is generally charged at 9% on taxable income above AED 375,000, subject to applicable adjustments and rules.
Is accounting different from bookkeeping?
Yes. Bookkeeping records daily transactions, while accounting reviews, reconciles, adjusts, and reports those records. Accounting explains the effect of transactions on profit, assets, liabilities, cash flow, and financial statements.
Can you handle year-end accounts?
Yes. Year-end support can include final account reconciliations, adjustment schedules, financial statement support, audit schedules, and unresolved-item review. Relevant Corporate Tax records must generally be retained for at least seven years after the end of the relevant tax period.
How is accounting support priced?
Fees depend on transaction volume, number of entities and bank accounts, reporting frequency, balance-sheet complexity, inventory, fixed assets, currencies, record quality, and year-end requirements. Monthly close support for one entity is scoped differently from group reporting with multiple locations.
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