Financial statements Preparation
Financial statements (or financial report) are a formal record of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form easy to understand. They typically include basic financial statements, accompanied by a management discussion and analysis. A complete set of financial statements normally consists of a Balance Sheet, a Statement of Profit and Loss and a cash Flow Statement together with notes, statements and other explanatory materials that form integral parts of the financial statements.
It is very important to prepare the financial statements correct way. A professional approach along with a deep understanding of various technicalities and indebt studies is very important. BMS can prepare financial statements in accordance with corporate policies, Industry practices, and regulatory guidelines. BMS has a team of chartered accountants who are best at their work and can give you the best service.
Agreed Upon Procedures
Agreed-upon procedures are engagements undertaken in accordance with the International Standard on Related Services (ISRS 4400) applicable to agreed-upon procedures, in which an auditor is engaged to carry out specified procedures designed by an entity or any appropriate third parties, agreed and to report on factual findings.
We provide specialized financial reporting in a variety of situations where your company desires independently verified and reported information, such as inspection of documents or transactions for specific characteristics, confirmation of specific information with third parties, or comparison of data to a defined standard.
The fact that we are the Registered Auditors in all the Malls in the UAE (such as Dubai Mall and Emmar Group) for Agreed upon Procedures- Certification of Sales Audit Report has made us a distinguished Audit Firm in the UAE.
Accounting and Bookkeeping Services
With the scope of Accounting that has become so widespread today, it is very important that the bookkeeping of the business is done by proper professionals who have the thorough knowledge of the accounting and bookkeeping and can guide and help the business for the proper recording of transactions.
Bookkeeping in the literal sense is an activity concerned with the recording of financial data relating to business operations in a significant and orderly manner. The essential idea behind maintaining book-keeping records is to show the correct position regarding each head of income and expenditure. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.
BMS having a group of Professional Chartered Accountants can give you the best of services and helps to maintain the books of accounts up to date and accurate.
BMS AUDITING & CONSULTING CO. Suite No.1001, 10th floor, Smart Height, Dubai, United Arab Emirates PH: +971 45516399 | MOB : +971 555569829 email@example.com | firstname.lastname@example.org