Accounting & Finance
Exact record keeping total adherence achieved Smarter Business Decisions.
A business that tracks expenses daily and reconciles accounts monthly builds a foundation strong enough for expansion. Within the UAE’s shifting financial scene, keeping tidy books isn’t merely sensible; it’s a legal must for VAT, corporate tax, audits and reporting.
Why Choose CressfordChartered Accountants?
- Budget‑friendly solution. – Save up to 70 % versus hiring a full‑time accountant.
- Stay compliant without worry. – VAT, Corporate Tax, and IFRS‑ready records.
- Focus on growth – We handle the numbers; you drive the business.
- UAE insider knowhow – Deep knowledge of FTA rules and local reporting standards.
- Solutions that scale – Ideal for startups, SMEs, and expanding enterprises.
Our Accounting & Bookkeeping Services (UAE)
Monthly / Quarterly Bookkeeping
- Document every source of money, every outlay, and all transfers.
- Reconcile bank, credit‑card, and cash accounts.
- Update ledgers, journal entries, and vendor/customer balances.
Accounts Payable & Receivable Management
- Handle vendor bills and payments.
- Issue customer invoices and chase payments.
- Prepare the aging report first; next, run the reconciliation process.
- Prepare Statements of Accounts (SOA).
VAT‑Compliant Bookkeeping
- Verify VAT invoices.
- Prepare VAT returns.
- Perform output/input tax reconciliations.
- Apply correct tax treatments to every transaction.
Corporate Tax‑Aligned Accounting
- Produce tax‑adjusted financials.
- Track deductible vs. Bills you must pay in full because they’re non‑deductible.
- Prepare working papers for CTR filing.
- Support audited and non‑audited statements.
Internal Controls & Process Setup
- Set up a flow for money moves and outline the approval levels.
- Implement fraud‑prevention controls.
- Supply SOPs and documentation templates.
- Set up ERP/accounting software (QuickBooks, Zoho, Xero, Odoo, etc.).
Full Accounting Services (Outsourced Accountant)
- Prepare balance sheet, P&L, and cash‑flow statements.
- Conduct month‑end and year‑end closings.
- Align expense categorisation with UAE VAT & Corporate Tax.
- Supervise depreciation timelines and handle the company’s fixed assets with care.
Financial Reporting & Management Accounts
- Deliver monthly/quarterly management reports.
- Get clear budgets, reliable forecasts, and solid cost breakdowns.
- Design a personal financial dashboard to see key data instantly.
Audit Support
- Build the audit plan and write the accompanying working files.
- Ensure IFRS compliance.
- Liaise with external auditors.
- Rectify prior‑year discrepancies.
Payroll & WPS Support
- Process monthly payroll.
- Craft WPS files specifically for the Ministry of Human Resources.
- Calculate leave, benefits, and statutory contributions.
- Organize your payroll data to meet audit demands.
All your financial Data
Gets arranged when it passes through Cressford and Partners
Our 5‑Step Process
First Evaluation
Review your model, existing books, and compliance status.
Setup & Clean‑up
Organise ledgers, restructure the chart of accounts, and install required software.
Monthly Bookkeeping
Record, reconcile, and update financial data systematically.
Reporting
Deliver monthly reports, management insights, and VAT/CT‑ready financials.
Ongoing Support
Dedicated accountant, compliance reminders, and year‑end closing assistance.
Documents We Handle
- Your account summary.
- Purchase & sales invoices.
- Your spending documented in receipts
- Employee wage files.
- Contracts & agreements.
- Small cash vouchers.
- The detailed list that tracks every piece of equipment we own.
FAQs
You bet. If you run a company, be aware that both VAT and corporate tax statutes demand you preserve correct bookkeeping for at least seven years, no shortcuts.
That’s a firm yes. We work with QuickBooks, Tally, Zoho, Xero, Sage, Odoo, and custom ERPs.
We work with bank statements, invoices, receipts, payroll information, and any significant financial paperwork.
Absolutely. We support audits and partner with approved audit firms across the UAE.
Get professional Accounting & Bookkeeping support in theUAE today!
Think of accounting and bookkeeping as the sturdy frame that holds a successful venture. If you operate in the UAE, you’ll quickly find that tidy financial statements aren’t a nice‑to‑have; they’re required by law for VAT, corporate tax, audit checks and official reports.
At Cressford Chartered Accountants, we provide professional Accounting and Bookkeeping services tailored to UAE mainland and free zone businesses. Whether you are an SME, startup, or established corporation, our experts ensure your books are accurate, compliant, and audit-ready at all times.