An accounting review refers to an evaluation of a company’s financial statements, accounting records, and other financial information by a third-party accountant or accounting firm. An accounting review is less comprehensive than an audit, but more involved than a compilation. During an accounting review, the reviewing accountant performs analytical procedures and makes inquiries about the company’s financial practices, policies, and procedures.
At Real Time Auditors and Accountants, we review your business’s financial records, accounting records and compliances either monthly or quarterly or on yearly basis. Our dedicated professional chartered accountants first review the accounting records to ensure if it is in compliance with IFRS (International Financial Reporting Standards) i.e, Accounting standards in Dubai, and if it meets all the legal requirements or not.
A basic accounting review covers fundamental concepts in accounting. It includes an introduction to accounting, the accounting equation, and basic financial statements like the balance sheet, income statement, and statement of cash flows. The review also covers different accounting methods and the accounting cycle, which involves recording, classifying, and summarizing transactions.
The purpose of a basic accounting review is to provide an overview of essential concepts and principles that are necessary for understanding accounting practices and procedures.
Since we understand that businesses or companies require proper and real time financial information for decision-making as well as performance monitoring. We are not only providing accounting and bookkeeping services, we are also offering full fledge CFO services suite to enterprises.
We offer high quality charts of accounting reviews. We will help your company avoid legal risks through compliance management. As damage to your company’s reputation can take years to repair thus, we shall practice good data security and avoid a breach altogether. Moreover, we will make sure you comply with federal laws, as it will show your customers that you care about keeping them safe.
An accounting review is essential to get complete financial transparency of business operations. If you don’t maintain a ledger, you won’t be able to prepare income statements, trial balances and balance sheets. Maintenance of accounting requires plenty of time and effort, and that’s why most accounting firms get external support to produce these.
“Uncompromising and timely accounting review that ticks all the right boxes and offers only the most accurate financial information.”
Since an accounting review is one of the most pivotal areas of any accounting process, Realtime Auditors helps you improve your firm’s service offerings and reporting for your clients. Additionally, we provide accounting and bookkeeping support to help your firm transform into a high-performance organization.
We give you simple and straightforward solutions to different accounting and taxation matters. Our Accounting Review specialists believe in delivering world-class services based on your needs and requirements. For accounting review services in Dubai UAE, reach us.
Please submit below contact form and we will be happy to assist you.
📍 Office No 1707, Regal Tower, Business Bay, Dubai, UAE.
📍 Fortune Tower – Cluster C Street – Jumeirah Lake Towers – Floor 14 – Dubai, UAE
📍 Block L2 Street – Saif Zone – Sharjah, UAE