The goal of financial statement compilation is to use accounting and financial reporting skills to aid management in presenting financial statements through Vat consultants in Dubai, without offering any assurance on such financial statements. We are not required to do additional research or follow any other procedures to verify the correctness of the information provided by management. However, it is our responsibility to seek additional information if we believe some material is missing or incorrect. When a company needs a fast and professional compilation of financial statements to present to its owners, board of directors, banks, or for any other external purpose, our chartered accountant team of professionals translates the data provided by the company into financial statements.

Our financial statement compilation services include the following:

• Financial statements are prepared using information provided by management.
• To make certain that all year-end/year-end accounting entries are accounted for
• Financial statement disclosures are updated in accordance with the International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS).
• International Accounting Standards and local laws are used to calculate deferred tax assets and liabilities.
• Financial instrument calculations and disclosures in financial statements.
• Provisions for employee retirement benefits in the financial statements and their disclosure requirements
• Accounting policies for the accounting treatment of transactions in financial statements are changed.
• Sales and purchases are matched with the amounts declared with the taxes authorities, and VAT transactions are duly updated in the financial accounts.
• A distinct report that compares the current period to the prior period, as well as the ratio analysis of financial statement compilation.