The introduction of Corporate Tax in the UAE has heightened the requirements for businesses regarding accounting, administration, and financial reporting. What was once considered best practice is now basic compliance. All businesses must maintain proper books of account and prepare annual financial statements, which, with few exceptions, must adhere to International Financial Reporting Standards (IFRS). In the second part of the series, we discuss how businesses must now prepare annual financial statements according to specific standards.
How can we help
At RAA Auditing, we take pride in delivering audit and assurance services which go beyond regulatory requirements. We provide expertise by, enhancing transparency, and support informed decision-making by providing reliable assurance. We offer extensive expertise and a commitment to quality, ensuring that your stakeholders can rely on your financial reporting.
Who We Are
RAA Auditing is a UAE registered audit firm which has experience in the multi jurisdictional regime, within the country, from the north of UAE at Ras Al Khaimah Economic Zone to the south at Abu Dhabi Global Market.
Our teams are internationally trained, certified auditors, who bring a breadth of skills and expertise, coupled with a personalized approach and a commitment to service excellence.
Our audits aim to help clients mitigate risk, improve operational efficiencies, and safeguard their business by providing clarity on issues that matter.
For further information and assistance, please write to us at ask@raa-auditing.com