11/04/2024
Shree Dwarkadhish Accounting And Auditing Co LLC is a UAE based professional services and consulting firm with expertise in areas of Finance, Accounting, Consulting & Tax. was founded on experience, personalised service and client satisfaction.
Bookkeeping
The process of capturing, recording, reconciling and maintaining the day-to-day business transactions of an organisation on a regular basis.
Financial Accounting
Preparation of a set of Financial Statements – Income, Financial Position, Cash Flow. These Financial Statements or Reports provide an insight into the historical operational and financial performance of a business to an Organisation, its investors and external stakeholders
Financial Statements must adhere to an acceptable standard and often these are prepared under GAAP – Generally Accepted Accounting Principles or IFRS – International Financial Reporting Standards.
Management Accounting
A scientific approach to the analysis of business data to help the Management of an Organisation take well informed decisions. Management Accounting utilises both financial and non-financial data for reporting and hence an Organisation must structure its data capture and collection methodologies accordingly. This data is then measured against KPIs and other parameters to gauge business performance.
Key outputs of the Management Accounting Process are information used in the analyses of costing, pricing and business trends.
Set up
This involves setting up the various processes that make up the Accounting Function – process definition and design, formation of internal controls and implementation of an Accounting Information System.
Assurance
External Audit
A successful business runs off trust. While trust is often developed as a result of long standing relationships, the evolving, often fast paced nature of business means that organisations are frequently dealing with new players, be they investors or stakeholders.
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Chartered accountants work in all fields of business and finance, including auditing, taxation, financial and general management.