We have, a very good exposure, insight and experience in the region into the accounting and financial management systems of reputed organizations.

Our services include:
• Audits and attestations
• Statutory or External Audit
• Review of Financial Statements
• Internal Audits
• Management Consultancy
• Business Plans
• Project Feasibility Reports
• Accounting Management
• Outsourcing Finance & Accounts
• Software Implementation
• Formation of Offshore company in Jebel Ali Free Zone and RAK
• Financial Expert in UAE Courts.

Audits and Attestations

Statutory or External Audit

We conduct the audits adhering to the latest International Auditing and Accounting Standards. Also, we keep our staff abreast of the changing legislations and regulations Well planned and documented procedures involved in our audit programme identifies risk areas; suggests internal controls as well as improvement requirements in management information generation.

Review of Financial Statements

We provide our services to clients in preparing Financial Statements and also give Review Reports on their Financial Statements.

Internal Audit

Internal audit is an essential tool of the management used to continuously monitor and control the working of the organization. An internal audit by an external professional firm like ours achieves the optimum result as we have the required knowledge and professional competence as well as the independence to evaluate and report impartial findings. We have found from our experience that our clients are immensely benefited from our internal audit services to them.

Finance & Management Consultancy

As Management and Finance Consultants we help our clients in assessing their operating effectiveness, profit centre productivity, pricing, laying down objectives for growth, budgeting and target fixing etc. Other areas we focus on are Working Capital Management, Inventory Management, Payroll services and fixed assets Management.

Proper evaluation of finance requirements as well as ways and means of meeting them in the optimum manner are provided by us to our clients, including:

• Cash Flow Projections and periodical reports with comparison of actuals to the projections.
• Preparing budgets and reporting to management with comparison to actuals through the budget period.
• Assessment/ review of finance requirements and rendering advice for optimum sourcing through financial institutions, banks or otherwise.
• Devising cost control and cost reduction measures for maximising efficiency and profitability.

For new projects and business acquisitions we render services in the following areas,

Business Plans

We prepare business plans for existing as well as newly formed or those which are in the promotional stage, spanning the gestation period to correctly understand and execute the business operations. The Business Plans sketches the course of the business, during the envisaged period and the owners/management will be able to steer the business in the desired manner.

Project Feasibility Reports

Any business unit, in any industry shall have, before its launch, a proper assessment of its technical feasibility, economical viability and financial soundness and profitability. Our experience in working for varied types and categories of business units covering almost all industries, and the resulting information base give us a unique advantage to bring out proper feasibility study reports on any business.

Accounting Systems Design, Implementation and Supervision

To help our clients to have competent system to manage their accounts and finance, we provide the following services:
• Design, implementation and monitoring of internal control systems.
• Setting up of accounts department and selection of personnel.
• Identification and implementation of accounting software.

Accounting & Finance functions outsourcing services

We help business houses to concentrate on their core competency by providing services in the required non-core functions in finance and accounting, including pay roll, cost effectively and efficiently. We evaluate the accounting needs of new and existing businesses and offer complete solutions for efficient and effective operations of accounting and finance functions. We maximize the resources of the business and render services continuously or periodically which will give the management adequate management information and control. The services include,
• Maintain and manage computerized accounts under guidance of experienced Accountants.
• Executing the accounting works in clients office on their accounting software or in other popular accounting packages as desired by the clients.
• Accounting data are processed and updated periodically in frequencies desired by the clients. • Financial Reporting.

Transaction Management of Pay Roll, Accounts Payable, Accounts Receivable, Leases, Credit Authorisation, Credit availing, Expense reporting etc.

Software Implementation

• Software requirement assessment.
• Identification of systems & supervision of system implementation.

Formation of Offshore company in Jebel Ali Free Zone and RAK

Asad Abbas & Co  offers consultancy on various business practices and provides custom-made guidance on company formation in RAK offshore, Jebel Ali Free Zone. We have a team of qualified and experienced professionals to cater to your administrative and legal requirements

Reasons to incorporate Offshore Company:

        • Tax Savings
        • Confidentiality
        • Wealth Protection
        • Simplicity
        • Cost Effective

Expert in UAE Courts:

We are registered Experts in U.A.E. Courts in all the stages of judiciary in the accounting, financial & banking fields. In this field we have served both as Experts appointed directly by the Courts or  as Experts to support any legal case. But most important is the consulting expertise services we have presented for clients who need this service most especially at times when their cases have not been handled properly and also help your Lawyers in the financial, accounting & banking fields of the Case or Negotiations. All our services are in English & Arabic Languages