Taccount is your business auditor in Dubai
Taccount is a well reputed business auditing firm in Dubai and one of the leading auditing companies in Dubai and UAE.
Auditing is the evaluation of documentation and evidence in connection with the economic and transaction activities of a business. Financial audit guarantees that financial statements and disclosures are free from material misstatement.
The business audit is managed by the Generally Accepted Auditing Standards (GAAS). These standards expect auditors to be technically knowledgeable firms or individuals, who not just exercise professional care but also act autonomously from the companies they audit.
The firm of auditors is supposed to plan for their appointment, build a strong understanding of the business surroundings and internal controls of their clients, and get more than enough evidence to authenticate their audit observations and findings.
As far as reporting is concerned, auditors are expected to give a realistic guarantee to confirm that the financial statements generated by their clients are GAAP compliant.
To achieve your business audit purpose in Dubai, you need the service of a trustworthy audit and accounting firm. Are you looking for a responsible and trustworthy group of auditors in the U.A.E. but don’t know where to start from? Then, look no further than The Bookkeeper.
Our audit services guarantee that your company is compliant with the set of available rules, regulations, contracts, various grants, and standards for financial reporting. T Account offers second to none audit services to our clients from all over U.A.E. and its environs.
The T ACCOUNT is a team of accounting experts where we don’t measure our success by the revenue we make, but by the significance of service and the satisfaction, we convey to our customers.
Situated in Dubai, we have a group of highly skilled accountants and auditors who will help you manage your risks and enhance your business operations. Our clients are from different backgrounds, including medium, small businesses, and big organizations.
We built our reputation around cost-effectiveness, efficiency, quality, trust, and honesty. Our belief at T Account is to serve our clients with vision, enthusiasm, and honesty. Our expert approach is mixed with a dedication to personal service guarantees that our team of accountants and auditors are involved with the requirements of our clients.
Our Auditing Secrets
How Auditing Could Save Your Business?
A financial audit can expose certain malpractices or accounting errors that you may not have discovered when the audit of your business is finished. Auditing of your financial records will give you a clear and true picture of the financial situation of your business.
One of the biggest benefits of an internal audit is that you can get a clear understanding of the financial situation of your company. An excellent audit will provide you with an accurate snapshot of all that is happening in your organization in order for you to make precise judgments regarding the financial situation of your business.
Here’s why an accurate business audit can help your business:
Profitability and Taxation
You need a business audit to get prepared for the tax period. Doing the audit of your records will make you ascertain that you are leveraging tax write-offs. When you plan in advance, you will find it easy to file your tax returns. In addition, you will prevent breaking the law and avoid penalties from the tax authority.
Accurate Business Audit
An accurate business audit is the type of audit that gives a true and fair view of the financial records examined by an independent audit firm or auditor. Audit of this magnitude investigates the financial records of your business to confirm its accuracy. Auditing is conducted by a systematic examination and review of business transactions. The audit will check accounting books for business and financial statements.
Your responsibility as a business owner is to keep accurate accounting books to show the income and expenditure of your organization. Auditing will help you detect mistakes in your business. They can find mistakes in your numbers, which can be crucial to your decision making.
You will be issued an audit report when your small business is audited. The report is the comprehensive statement of the observation or what the auditors detect in the process. This report confirms whether your financial records are accurate, inaccurate, or missing.