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Accounting Review

Accounting Review

Navigating complex accounting and disclosure issues can seem daunting for businesses without internal expertise to understand and actionize on changing financial regulations.

Take informed accounting decisions with confidence for you and your stakeholders with our holistic, business-centric approach for accounting review.

    Keeping up with emerging financial regulations can be extremely challenging, especially for businesses lacking internal capabilities to navigate intricate accounting and disclosure issues. To bolster trust in the accounting choices made by financial leaders, MBG offers a 360-degree business-centric approach that takes into account the comprehensive effects on both stakeholders and the organization.

    Regulatory requirement for Companies in the UAE to maintain proper books of account

    UAE Commercial Companies Law, Federal Law No 2 of 2015 states, every entity is required to maintain proper books of accounts and appoint registered auditor to get its audited every year.

    Key Benefits:

    • Financial Accuracy: Verify that financial information complies with accounting standards and regulations.
    • Compliance: Ensure compliance with tax laws and regulations.
    • Risk Mitigation: Suggest improvements to internal controls to reduce the risk of fraud or financial mismanagement.
    • Decision-Making Support: Offer insights into financial performance, trends, and areas for improvement.
    • Investor and Creditor Confidence: Improve your ability to secure financing or investments by presenting accurate and credible financial statements.
    • Cost Efficiency: Identify cost-saving opportunities and areas for operational efficiency.
    • Financial Strategy: Provide recommendations for improving financial performance and profitability.

    Why Choose MBG?

    • 600+ Professionals and experts employed full-time
    • 3,000+ Clients globally
    • 100+ Fortune 500 Clients served
    • 15 offices in 8 countries

    360-degree approach

    At MBG Corporate Services, we give you a holistic 360 degree approach to the implications of the upcoming Corporate tax regime. We offer solutions related to legal, VAT, audit, IFRS, and other UAE-related laws and regulations.

    Corporate Tax
    • - Customized Tax Impact Assessment
    • - Transition Support
    • - Post-Implementation Support
    • - Tax Group v/s Individual Entity Registration
    Transfer Pricing
    • - TP Impact & Gap Assessment
    • - TP policy review / policy development
    • - Supply chain / Functional and Benchmarking Analysis
    • - TP documentation & benchmarking analysis
    Legal
    • - Restructuring
    • - Transaction and Ownership
    • - Corporate Secretarial Compliances
    • - Compliances and Resolution
    Audit
    • - Consolidated v/s standalone financial statements Support
    • - Statutory Audit
    • - ICV Certification & Guidance
    Risk Advisory
    • - Risk assessment on selected accounts
    • - Guidelines, Policies & Procedure Manual
    • - Robust periodic Accounting Reconciliation system
    • - Training & Workshops
    • - Cost Optimization including Supply chain
    Indirect Tax
    • - VAT & Corporate tax alignment assessment
    • - Transition Support
    • - Custom, Excise, Vat reconciliation and Tax
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