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Service Category

ACCOUNTING & BOOKKEEPING

Professional accounting & bookkeeping solutions tailored to ensure your business remains compliant, efficient, and positioned for growth.

About ACCOUNTING & BOOKKEEPING

At Fincore, we recognise that ACCOUNTING & BOOKKEEPING is a critical component of your operational success and regulatory compliance in the UAE. Our dedicated team of registered professionals brings deep expertise and a strategic approach to ensure your business not only meets all mandatory requirements but also leverages them for sustainable growth.

By partnering with us, you gain access to industry-leading methodologies, proactive advisory, and a commitment to excellence that safeguards your enterprise against risks while unlocking new opportunities in the dynamic Middle Eastern market.

Accounting & Bookkeeping Services in the UAE

Accurate and timely accounting is the cornerstone of every successful business in the UAE. With the introduction of corporate tax, increased regulatory scrutiny from the Federal Tax Authority, and stringent Free Zone reporting requirements, maintaining IFRS-compliant financial records has never been more important. Our accounting and bookkeeping services provide businesses across Dubai, Abu Dhabi, Sharjah, and all Emirates with reliable financial data that supports decision-making, regulatory compliance, and investor confidence.

Whether you need full-cycle accounting services managed entirely by our team, periodic bookkeeping and data entry support, or a one-time backlog cleanup to bring overdue records up to date, we tailor our engagement to fit your operational needs and budget. Our accountants are proficient in all major cloud accounting platforms - including QuickBooks, Xero, Zoho Books, Tally, and SAP - and can integrate seamlessly with your existing systems without disruption.

Beyond routine number-crunching, our accounting professionals provide meaningful financial insights through management reporting, ratio analysis, and budget-versus-actual variance commentary. We help business owners and CFOs in the UAE understand their financial position clearly, identify cost-saving opportunities, and maintain the audit-ready records that regulators, banks, and investors demand.

Our Accounting & Bookkeeping Solutions

Flexible, technology-driven accounting services that keep your finances accurate, compliant, and audit-ready at all times.

01

Full Accounting Services

Our full-service accounting engagement covers everything from daily transaction recording and bank reconciliation through to monthly financial statement preparation and year-end closing. We function as an extension of your finance team, delivering IFRS-compliant financials on a schedule that suits your business cycle.

02

Bookkeeping & Data Entry

We handle the day-to-day recording of your business transactions - including purchase invoices, sales invoices, receipts, payments, and journal entries - with meticulous accuracy. Our bookkeeping service ensures your general ledger is always up to date, making tax filings and audits significantly smoother.

03

Backlog Accounting Cleanup

If your accounting records have fallen behind, our team will systematically reconstruct and reconcile your financial data for all overdue periods. We sort through unrecorded transactions, unreconciled bank accounts, and missing documentation to bring your books to a current, audit-ready state as quickly as possible.

04

Accounting Quality Review

Our quality review service provides an independent assessment of your existing accounting records, internal controls, and financial reporting processes. We identify errors, inconsistencies, and areas of non-compliance with IFRS, and deliver a detailed report with prioritised corrective action steps.

05

Business Valuation

We prepare independent business valuations for purposes including mergers and acquisitions, shareholder buyouts, dispute resolution, and financial reporting under IFRS 13. Our valuations employ recognised methodologies - DCF, market multiples, and net asset value - and are accepted by UAE courts, regulators, and financial institutions.

06

Fixed Asset Management

We maintain comprehensive fixed asset registers, calculate depreciation schedules in accordance with IFRS and UAE tax requirements, and conduct periodic physical verification exercises. Our fixed asset management service ensures your balance sheet accurately reflects the value of your capital investments.

Our Streamlined Process

How we deliver exceptional ACCOUNTING & BOOKKEEPING results.

1. Assessment

Comprehensive evaluation of your current standing and specific requirements.

2. Strategy

Developing a tailored, FTA-compliant action plan for your business.

3. Execution

Flawless implementation with ongoing monitoring and strategic support.

Why Choose Fincore?

The premier choice for ACCOUNTING & BOOKKEEPING in the UAE.

Certified Expertise

Our team comprises registered tax agents and chartered accountants with years of UAE regulatory experience.

Proactive Advisory

We don't just ensure compliance; we actively look for strategic advantages and cost-saving opportunities.

Client-Centric Approach

You receive a dedicated account manager ensuring clear communication and zero delays.

Explore Our Specialized Sub-Services

Full accounting services

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Bookkeeping & data entry

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Backlog accounting cleanup

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Accounting quality review

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Business valuation

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Fixed asset management

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Got Questions?

Frequently Asked Questions

Find clear, authoritative answers to the most common questions regarding our ACCOUNTING & BOOKKEEPING in the UAE.

What accounting standards are required for businesses operating in the UAE?
Businesses in the UAE are generally required to prepare their financial statements in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board. Free Zone authorities, the FTA for corporate tax purposes, and banks all expect IFRS-compliant financials. Smaller entities may be eligible to apply IFRS for SMEs, which offers simplified recognition and disclosure requirements. Our team ensures your financial statements comply with the appropriate framework for your business size and regulatory environment.
How much does outsourced accounting cost for a small business in the UAE?
The cost of outsourced accounting in the UAE varies depending on transaction volume, complexity, and the scope of services required. For a small business with moderate transaction volumes, monthly bookkeeping and financial statement preparation typically ranges from AED 1,500 to AED 5,000 per month. Full-service engagements that include payroll, VAT return preparation, and management reporting may cost more. We provide transparent, fixed-fee proposals so you know exactly what you are paying for with no hidden charges.
Do I need to maintain accounting records for corporate tax purposes in the UAE?
Yes, the UAE corporate tax law requires all taxable persons to maintain financial records and supporting documents for a minimum of seven years. These records must be sufficient to determine your taxable income and to verify the accuracy of your tax return. The FTA may request access to your accounting records during a tax audit, and failure to maintain proper records can result in significant administrative penalties. Our accounting services ensure your records are comprehensive, well-organised, and fully compliant with FTA requirements.
What is the benefit of cleaning up backlog accounting before an audit?
Completing a backlog cleanup before your audit engagement begins significantly reduces audit time, fees, and the risk of a qualified audit opinion. Auditors charge premium rates to sort through disorganised records, and unreconciled balances often lead to audit qualifications that can damage your credibility with banks and investors. Our backlog cleanup service reconstructs your financial history, reconciles all accounts, and presents your auditor with clean, IFRS-compliant records - saving you time, money, and reputational risk.
When should a business in the UAE consider getting a professional business valuation?
A professional business valuation is essential during mergers and acquisitions, partner entry or exit, shareholder disputes, divorce proceedings involving business assets, or when seeking external funding. It is also required under IFRS for impairment testing, purchase price allocation, and share-based payment accounting. In the UAE, courts and regulatory authorities expect valuations to be prepared by qualified professionals using recognised methodologies. Our valuation reports are regularly accepted by DIFC Courts, ADGM Courts, and UAE local courts.