Bookkeeping, reconciliations, management accounts and IFRS aligned reporting for companies in Dubai and across the UAE.
The Ministry's clarification narrows the definition of "qualifying activities" and reintroduces substance thresholds. Here's the practical practical explanation for holding structures.
Read the briefing →Reliable accounting is more than transaction entry. The books should explain what the business owns, owes, earns and spends, reconcile to independent evidence and provide a dependable base for VAT, Corporate Tax, audit and management reporting.
CBM Consultants provides recurring and project-based accounting support for UAE businesses. We agree the reporting calendar, chart of accounts, approval controls and management outputs at the start, then maintain a documented close process with clear ownership.
Important: This page provides general information. The correct treatment depends on the specific facts and the law and official guidance applicable at the relevant time.
Record sales, purchases, receipts, payments, journals and supporting references within an agreed chart of accounts.
Reconcile cash, receivables, payables, loans, payroll, VAT, intercompany balances and other control accounts.
Produce profit and loss, balance sheet, cash-flow information, working-capital analysis and management commentary.
Prepare IFRS aligned financial statements, schedules and disclosures suitable for review and audit.
Coordinate payroll journals, employee balances, WPS-related records, benefits and properly supported business expenses.
Reconstruct incomplete periods, correct classifications, resolve unreconciled balances and establish a sustainable close process.
The legal form, stakeholder requirements and audit obligations determine the appropriate reporting framework and level of detail.
Invoices, contracts, approvals and payment evidence should be complete, consistent and retrievable.
Revenue, expenses, inventory and provisions must be recorded in the correct period.
Access, approval workflows, integrations and change logs should protect the integrity of the ledger.
Understand the business, reporting needs, systems and opening balances.
Agree the chart of accounts, document flow, responsibilities and close calendar.
Record transactions and maintain reconciliations throughout the period.
Post accruals, depreciation, provisions and review adjustments.
Deliver management information, exceptions and actions by the agreed date.
Our engagements connect the accounting record with tax, audit, governance and commercial reporting. A named senior contact coordinates the work, material positions are documented and issues are raised early enough for management to act.
Where another licensed or jurisdiction-specific adviser is required, we identify the dependency and coordinate the information needed for that work.
Yes. We first assess whether the setup, permissions and chart of accounts can support the required reporting and compliance outputs.
Monthly closing is generally the most useful for active businesses. The appropriate frequency depends on transaction volume, management needs and regulatory deadlines.
We can provide a complete outsourced function or work alongside internal staff with clearly divided responsibilities.
Yes. Catch-up work is scoped after reviewing the available records, periods, tax filings and unreconciled balances.
No. Management accounts are internal reporting. An audit is an independent assurance engagement performed under an applicable framework.
Book a 30 minute consultation to discuss your accounting, tax or business requirements. If we are not the right fit, we'll say so and point you to someone who is.
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