What this service is
Many business owners have an accountant in the office who enters the daily transactions, but nobody senior checks the work. Mistakes, missing documents and late filings can then stay hidden until the tax authority or a bank asks questions.
With this service, your accountant keeps working for you on day-to-day transactions. We supervise that work, review it regularly and make sure it follows UAE government regulations, so your books and returns stay accurate and compliant.
We also carry out internal audit. We test your controls, look for errors, gaps and risks, and give you a clear report with practical fixes, so problems are found and corrected by you first.
This is internal audit, which is done for you and your management. It is not a statutory or external audit and it does not replace an audit by a licensed audit firm where the law requires one.
What's included
- Regular review of your accountant's work, including postings, bank reconciliations and supporting documents
- Checks that VAT treatment and Corporate Tax records follow UAE regulations
- Review of VAT returns and other filings before they are submitted
- Guidance and coaching for your accountant on better practice
- Month-end close review and a short report for the owner
- Internal audit of key areas such as sales, purchases, payroll, cash and bank, and fixed assets
- Review of approvals, segregation of duties and other internal controls
- Internal audit report with findings, risks and recommended actions
- Follow-up to check that the agreed actions have been completed
How it works
Understand
We review your current accounting set-up, your accountant's role and how work is done today.
Supervise
We review the work on an agreed schedule, raise corrections and guide your accountant.
Audit
We test your controls and records and prepare an internal audit report.
Improve
We agree actions with you and follow up until they are done.
Common questions
Do I keep my own accountant?
Yes. Your accountant continues to work for you on day-to-day transactions. We supervise and review that work, and we support your accountant where needed.
What do you mean by supervision?
A senior member of our team reviews the work on an agreed schedule, such as weekly or monthly. We check accuracy, supporting documents and compliance with UAE regulations, and we tell you and your accountant what needs to be corrected.
What is internal audit?
Internal audit is an independent check of how your business records transactions and controls risk. We look for errors, weak controls and compliance gaps, and give you a report with recommended actions.
Is this the same as an external audit?
No. Internal audit is for your own management. If the law or your bank requires a statutory audit, that must be done by a licensed audit firm.
Will this help with FTA reviews?
Regular supervision helps keep your records tidy and your returns accurate, which makes any tax authority review easier to handle. We cannot promise the outcome of any review.
Can you take over the accounting if my accountant leaves?
Yes. We can move you to one of our bookkeeping or accounting packages, so your books do not stop.