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Emirae.Pro UAE Business Services Platform
Year-End Accounting and Reporting

Annual Accounting and Financial Statements in the UAE

Find UAE providers for year-end accounting, account finalisation, management reporting and preparation of annual financial statements. Compare provider profiles and submit one structured reporting request through Emirae.Pro.

Emirae.Pro is a marketplace. Accounting and financial reporting services are delivered by independent providers.

Select the Reporting Scope

What output does your company need?

Choose the closest scope. The final reporting framework, included statements and review responsibilities must be confirmed directly with the selected provider.

Not sure which output is required Describe the company, reporting purpose and current records so relevant providers can identify the likely scope. Describe my requirement
Accounting and Reporting Providers

Compare annual accounting and financial reporting providers

Browse providers offering year-end accounting, account finalisation, management reporting or financial statement preparation in the UAE. Compare the available service, business-fit and location information before sending a request.

Listings are not presented as a ranking. Confirm the provider’s reporting scope, qualifications, applicable framework, engagement responsibilities and final deliverables directly.

23 providers shown

A&A Associate

Basic Verified
Business Setup Company Dubai

A&A Associate was established in 2016 and works on both sides of a line most firms pick one of: company formation on one side, accounting and audit on the other.…

Company Formation Visa and Residency Corporate Tax
Experience10 years in UAE
CoverageDubai · Abu Dhabi · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

Alliance Prime

Basic Verified
Accounting Firm Dubai

Alliance Prime is a tax and accounting practice in Dubai whose defining credential is registration as an approved tax agent with the Federal Tax Authority. That status is narrower than…

Corporate Tax Accounting VAT and Tax Registration
CoverageDubai · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

Baker Tilly UAE

Basic Verified
Multi Service Provider Dubai

We are a strong fit for businesses that need more than basic accounting support and more than a one off tax answer. Our role is usually most valuable when audit…

Corporate Tax Accounting VAT and Tax Registration
CoverageDubai · Abu Dhabi · UAE Wide
LanguagesEnglish · Arabic
ReviewsNo reviews yet

BCL Globiz

Basic Verified
Multi Service Provider Dubai

Our work counts for most where a business needs more than basic bookkeeping or a single tax filing. Plenty of companies in the UAE arrive with one urgent need, then…

Company Formation Corporate Tax Accounting
Experience35 years in UAE
CoverageDubai · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

CLA Emirates

Basic Verified
Accounting Firm Dubai

CLA Emirates has practised in the UAE since 2005 and is among the larger independent accountancy firms in the country, with a headcount well into the hundreds. It reached that…

Corporate Tax Accounting VAT and Tax Registration
Experience20 years in UAE
CoverageDubai · Abu Dhabi · Sharjah
LanguagesEnglish
ReviewsNo reviews yet

ebs Chartered Accountants

Basic Verified
Accounting Firm Dubai

We are usually the right fit for businesses that want accounting, audit and tax support to become a working finance system rather than a collection of deadline driven tasks. A…

Corporate Tax Accounting VAT and Tax Registration
Experience15 years in UAE
CoverageDubai · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

Farahat & Co

Basic Verified
Multi Service Provider Dubai

We work with businesses that want more than a fast licence and a short email chain. In our experience, the real pressure usually starts after the company is registered. Documents…

Company Formation Visa and Residency Corporate Tax
Experience41 years in UAE
CoverageDubai · Abu Dhabi · Sharjah
LanguagesEnglish · Arabic
ReviewsNo reviews yet

Flyingcolour

Basic Verified
Business Setup Company Dubai

We help founders, small businesses, investors and international companies set up and operate in the UAE with a structure that makes sense not only at registration stage, but also after…

Company Formation Visa and Residency Corporate Tax
Experience22 years in UAE
CoverageDubai · Abu Dhabi · Sharjah
LanguagesEnglish
ReviewsNo reviews yet

Grant Thornton UAE

Basic Verified
Multi Service Provider Dubai

We usually matter once a business has moved past the stage where a straightforward setup conversation covers what it needs. Clients come to us once audit, tax, reporting, transaction support,…

Corporate Tax Accounting VAT and Tax Registration
Experience60 years in UAE
CoverageDubai · Abu Dhabi · Sharjah
LanguagesEnglish
ReviewsNo reviews yet

HLB HAMT

Basic Verified
Multi Service Provider Dubai

Our fit tends to begin once a business is past the first setup questions and has landed in the financial, tax and compliance layer that decides whether operations stay clean…

Corporate Tax Accounting Legal and Compliance
Experience26 years in UAE
CoverageDubai · Abu Dhabi · Sharjah
LanguagesEnglish
ReviewsNo reviews yet

Kloudac

Basic Verified
Accounting Firm Dubai

We are a practical fit for businesses that need cleaner finance operations in the UAE, not only basic bookkeeping. A lot of companies start with scattered records, late reports and…

Company Formation Corporate Tax Accounting
Experience15 years in UAE
CoverageDubai · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

NR Doshi & Partners

Basic Verified
Accounting Firm Dubai

NR Doshi & Partners is one of the older accountancy practices in the country, established in 1985 and now past its fortieth year of continuous work in the UAE. The…

Company Formation Corporate Tax Accounting
Experience40 years in UAE
CoverageDubai · Abu Dhabi · Sharjah
LanguagesEnglish
ReviewsNo reviews yet

PKF UAE

Basic Verified
Multi Service Provider Dubai

Businesses get the most out of us when they stop treating audit, tax, accounting and market entry as four separate conversations. In the UAE these decisions start touching each other…

Company Formation Corporate Tax Accounting
Experience50 years in UAE
CoverageDubai · Abu Dhabi · Sharjah
LanguagesEnglish
ReviewsNo reviews yet

RAI Firm

Basic Verified
Accounting Firm Dubai

We are usually the right fit for businesses that want accounting, audit and tax support to improve how the company is actually run, not only how deadlines are handled. A…

Corporate Tax Accounting VAT and Tax Registration
Experience12 years in UAE
CoverageDubai · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

Reyson Badger

Basic Verified
Multi Service Provider Dubai

Our role becomes clear once a business has moved past the simple idea of setup and into the reality of numbers, filings, reporting and financial discipline. Many companies enter the…

Company Formation Visa and Residency Corporate Tax
CoverageDubai · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

RFZ Accounting

Basic Verified
Accounting Firm Dubai

We are usually the right fit for businesses that want accounting and tax support shaped around the realities of free zone operations rather than treated as a generic mainland finance…

Corporate Tax Accounting VAT and Tax Registration
Experience10 years in UAE
CoverageDubai · Sharjah · Ras Al Khaimah
LanguagesEnglish
ReviewsNo reviews yet
Accounting Firm Dubai

Saif Chartered Accountants has practised in the UAE since 1994, which places it among the longer-serving audit firms in the country. The practice is built around statutory audit, with tax,…

Corporate Tax Accounting VAT and Tax Registration
Experience32 years in UAE
CoverageDubai · Abu Dhabi · Sharjah
LanguagesEnglish
ReviewsNo reviews yet

Sovereign Group

Basic Verified
Multi Service Provider Dubai

Sovereign is a corporate services group founded in 1987 and headquartered in Gibraltar, operating across roughly twenty jurisdictions. Its UAE arm trades as Sovereign Corporate Services and reports more than…

Company Formation Visa and Residency Corporate Tax
Experience39 years in UAE
CoverageDubai · Abu Dhabi · UAE Wide
LanguagesEnglish · Arabic · Russian
ReviewsNo reviews yet

Swift Audit & Advisory

Basic Verified
Accounting Firm Dubai

Swift Audit & Advisory was founded in 2017 and describes its own positioning as big-firm expertise with boutique agility. Behind the phrase sits a practice organised into four clear lines…

Corporate Tax Accounting VAT and Tax Registration
Experience7 years in UAE
CoverageDubai · Abu Dhabi · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

TaxReady

Basic Verified
Accounting Firm Dubai

We are usually the right fit for UAE businesses that do not want tax and accounting to stay fragmented, improvised or last minute. A lot of companies wait until a…

Corporate Tax Accounting VAT and Tax Registration
CoverageDubai · Sharjah · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

The Accountant

Basic Verified
Consulting Agency Dubai

One point of clarification before anything else, because search results make it necessary. This profile is The Accountant LLC, a Dubai accounting firm. It is not the 2016 film of…

Corporate Tax Accounting VAT and Tax Registration
Experience10 years in UAE
CoverageDubai · Sharjah · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet

Young & Right

Basic Verified
Accounting Firm Dubai

We are usually the right fit for UAE businesses that want accounting, tax and payroll support to feel practical, current and easier to use in day to day operations. A…

Corporate Tax Accounting VAT and Tax Registration
Experience12 years in UAE
CoverageDubai · UAE Wide
LanguagesEnglish
ReviewsNo reviews yet
Accounting Firm Dubai

ANPC Auditing LLC is a Dubai mainland audit and assurance firm serving start ups , small businesses, owner managed businesses, family offices, and free-zone entities across the UAE.

Corporate Tax Accounting VAT and Tax Registration
Experience1 year in UAE
CoverageDubai · Abu Dhabi · Sharjah
LanguagesEnglish
ReviewsNo reviews yet
Service Scope

What annual accounting support may include

The final deliverables depend on the company, reporting purpose and engagement. Use the scope below to define what providers should include or exclude in their proposals.

Work area What the provider may do Expected output Boundary or dependency
Reporting-period review
What the provider may do Review the financial year, accounting periods, existing records and expected reporting deadlines.
Expected output A confirmed reporting scope and list of required information.
Boundary or dependency The company must identify the correct legal entities and reporting period.
Trial balance review
What the provider may do Review the trial balance and identify unusual, incomplete or unsupported balances requiring clarification.
Expected output A list of balances, schedules or records requiring resolution.
Boundary or dependency Corrections must be supported by appropriate evidence or management input.
Closing entries
What the provider may do Prepare or review supported period-end accounting entries included in the engagement.
Expected output An updated closing trial balance.
Boundary or dependency Tax positions, valuations and specialist adjustments may require separate professional input.
Supporting schedules
What the provider may do Prepare schedules for material account balances included in the reporting scope.
Expected output Structured supporting schedules linked to the reporting pack.
Boundary or dependency The exact schedules depend on company activity and reporting requirements.
Financial statement preparation
What the provider may do Prepare the agreed financial statements and accompanying notes using the applicable reporting framework.
Expected output A draft or final financial statement pack as defined in the engagement.
Boundary or dependency Management approval, signatures and audit remain separate responsibilities.
Comparative information
What the provider may do Present prior-period comparative information where required and available.
Expected output Comparative reporting columns and related notes.
Boundary or dependency Prior-period records must be available and reliable.
Management reporting
What the provider may do Prepare agreed internal financial reports for owners or management.
Expected output A management-reporting pack based on the defined format and frequency.
Boundary or dependency Strategic CFO advice is not included automatically.
Consolidation support
What the provider may do Assess entity-level balances, intercompany activity and group-reporting requirements.
Expected output A consolidated or group-level reporting pack where included.
Boundary or dependency Legal structure, reporting framework and complete entity-level records must be confirmed.
Handover pack
What the provider may do Organise final reporting files for management, tax advisers, banks or an appointed auditor.
Expected output An agreed reporting and supporting-document handover.
Boundary or dependency Receiving parties may request additional information outside the original scope.
The preparation of financial statements is not the same as an independent audit. Audit work and an audit opinion must be separately engaged with an appropriately qualified auditor.
Reporting Workflow

How accounting records become annual financial statements

Annual reporting depends on the quality and completeness of the underlying books. The provider should identify unresolved records before final statements are produced.

Inputs Records
  • completed bookkeeping records
  • general ledger
  • trial balance
  • bank reconciliations
  • accounts receivable schedules
  • accounts payable schedules
  • payroll balances
  • fixed-asset records
  • inventory records where relevant
  • loan and financing records
  • shareholder or related-party balances
  • tax-related ledger information
  • prior-period financial statements
  • legal-entity information
Review and finalisation Work
  • period and entity confirmation
  • balance review
  • supporting-schedule preparation
  • supported closing entries
  • classification review
  • comparative-period review
  • intercompany review
  • reporting-policy confirmation
  • management queries
  • draft-statement review
Possible outputs Pack
  • closing trial balance
  • balance sheet or statement of financial position
  • profit and loss statement or statement of profit or loss
  • cash flow statement
  • statement of changes in equity
  • notes to the financial statements
  • management accounts
  • consolidated reporting pack
  • supporting schedules
  • audit or tax handover pack
Missing records, unresolved balances or unsupported adjustments should be disclosed and resolved rather than hidden inside the final reporting pack.
Year-End Process

A practical annual accounting and reporting process

The sequence varies by provider and company. The provider should confirm responsibilities, review stages and deadlines before beginning the engagement.

  1. 1

    Confirm the reporting requirement

    Identify the legal entity, financial year, reporting purpose, applicable jurisdiction and required output.

  2. 2

    Collect existing records

    Gather the ledger, trial balance, reconciliations, supporting schedules, prior statements and relevant company information.

  3. 3

    Review bookkeeping completeness

    Identify missing periods, unresolved transactions, unreconciled accounts and records requiring cleanup before finalisation.

  4. 4

    Resolve material balances

    Request supporting evidence, explanations and management decisions for balances that cannot be completed from the ledger alone.

  5. 5

    Prepare closing entries

    Prepare supported period-end adjustments within the agreed accounting scope.

  6. 6

    Finalise the trial balance

    Produce a closing trial balance that reflects the completed accounting review and remaining disclosed issues.

  7. 7

    Prepare the reporting pack

    Draft the agreed financial statements, notes, management reports and supporting schedules.

  8. 8

    Complete management review

    Management reviews the draft, confirms factual information and provides required approvals or corrections.

  9. 9

    Route separate services

    Send Corporate Tax, VAT, audit, payroll or specialist valuation matters to the correct provider or adviser.

  10. 10

    Deliver and hand over

    Provide the agreed final files, exports and supporting schedules according to the engagement terms.

Completion time depends on record quality, transaction complexity, entity count, outstanding questions and the speed of management responses. Emirae.Pro does not guarantee a completion date.
Reporting Outputs

What may be included in a financial statement pack

The required statements and notes depend on the applicable reporting framework, company type, regulator and reporting purpose. Confirm the complete deliverable list with the selected provider.

1

Statement of financial position

Also: Balance sheet

Presents the company’s recognised assets, liabilities and equity at the reporting date.

2

Statement of profit or loss

Also: Profit and loss statement

Presents recognised income and expenses for the reporting period.

3

Statement of cash flows

Presents cash movements according to the applicable reporting framework and agreed classifications.

4

Statement of changes in equity

Presents changes in ownership interests and equity balances during the reporting period.

5

Notes to the financial statements

Provide required accounting-policy information, explanations and supporting disclosures.

6

Comparative information

Presents prior-period figures where required and supported by available records.

7

Supporting schedules

Provide detail for material balances and assist management, tax advisers or auditors in reviewing the reporting pack.

Confirm the applicable framework

Do not assume that every UAE company uses the same reporting framework. The provider should confirm whether full IFRS Accounting Standards, IFRS for SMEs or another authority-specific basis is applicable to the entity and reporting purpose.

Reporting engagements covering periods beginning on or after 1 January 2027 should assess the effect of IFRS 18 where full IFRS Accounting Standards apply. Early application may be possible, but the provider must confirm the correct treatment for the company.

Management Reporting

Annual financial statements and management accounts serve different purposes

Both outputs use accounting data, but they may differ in audience, format, timing and level of detail. Management reporting remains folded into this page rather than becoming a separate thin service page.

External purpose

Annual financial statements

  • Formal annual reporting pack using the applicable accounting framework and reporting requirements.
  • Audience: management, shareholders, tax advisers, auditors, banks and regulators or free zones where applicable.
  • Annual or period-end, with structured statements and notes.
  • Comparative information where required; framework-dependent.
  • May be subject to independent audit.
Financial statement preparation does not itself create an audit opinion.
Internal purpose

Management accounts

  • Internal financial information for owners and management to monitor performance and balances.
  • Audience: founders, directors, management teams and group finance teams.
  • Monthly or quarterly profit and loss, balance-sheet and cash-position summaries.
  • Receivable and payable ageing, business-unit reporting and budget comparisons where data is supplied.
  • Selected operational reporting agreed with the provider.
Management reporting does not automatically include Virtual CFO advice, forecasting, business valuation or strategic financial planning.

Define the purpose before requesting a quote

Tell providers who will use the report, how often it is required, which entities are included and whether a specific format or reporting framework is expected.

Request management reporting support
When the Service May Be Needed

Common reasons businesses request annual reporting support

The requirement may arise from company governance, tax, banking, investment, audit or management needs. The applicable legal obligation must be confirmed for the specific company.

1 Financial year-end
The company needs to close the accounting period and prepare annual financial information.
2 Corporate Tax reporting preparation
The company needs reliable period-end financial information before separate Corporate Tax calculations and filing are completed.

Boundary: Corporate Tax work remains a separate service.
3 Planned independent audit
The company needs completed financial statements and supporting schedules before or during an external audit process.

Boundary: Use Audit Preparation Support for auditor-request coordination and Audit Firms for the independent audit.
4 Free zone or authority requirement
A free zone, regulator or licensing authority may request financial statements or an audit according to its own rules.

Boundary: Verify the current requirement directly with the relevant authority and qualified provider.
5 Bank or finance request
A bank, lender or investor may request current or historical financial statements and supporting information.

Boundary: The receiving institution determines what it will accept.
6 Shareholder or management review
Owners or directors need a formal annual view of the company’s financial position and performance.
7 Change of accounting provider
The company needs a completed closing pack and clear handover before moving records to another provider.
8 Multiple entities or group reporting
A group needs entity-level statements, intercompany review or consolidated reporting.
9 Incomplete prior-year accounts
Historical records require review or catch-up work before reliable financial statements can be prepared.

Boundary: Bookkeeping cleanup may be required first.
Request Preparation

Information providers may need before preparing annual accounts

The exact list depends on the entity and reporting scope. Do not upload sensitive financial records through a public request until you understand who will receive them and how access will be controlled.

Company information
  • legal entity name
  • jurisdiction and emirate
  • free zone, mainland or offshore status
  • business activity
  • date of incorporation
  • financial year
  • ownership structure
  • number of entities
  • group structure where relevant
  • reporting purpose
  • required deadline
Accounting records
  • general ledger
  • trial balance
  • bank statements
  • completed bank reconciliations
  • sales records
  • purchase records
  • accounts receivable schedules
  • accounts payable schedules
  • payroll records
  • fixed-asset register
  • inventory records
  • loan and financing schedules
  • related-party balances
  • shareholder-account records
  • prior-period adjustments
Prior reporting and compliance
  • previous financial statements
  • prior audit reports where available
  • Corporate Tax registration status
  • VAT registration status
  • prior tax filings where relevant
  • previous management accounts
  • accounting-policy information
  • authority or free-zone reporting requests
  • bank or investor reporting requirements
Systems and access
  • accounting software
  • ledger export format
  • supporting-document storage
  • user permissions
  • reporting templates
  • consolidation files
  • prior-provider handover files
  • data-export requirements

Control access to financial systems

Use proportionate, role-based or read-only access where practical. Confirm data ownership, export rights, access removal and final handover procedures before the engagement begins.

Do not include banking passwords, one-time passwords, complete card details, unrestricted system credentials or confidential financial files in the public request description.
Pricing and Scope

What annual accounting and financial statement preparation may cost

No reliable universal public price range applies to every annual reporting engagement. Providers should issue a custom quote after reviewing the company, reporting period, condition of the books and required outputs.

Pricing model
Custom quote

The proposal should identify the entities, reporting period, financial statements, notes, schedules, management reports, revisions and handover work included in the fee.

Request a reporting quote
1

Condition of the bookkeeping records

Complete and reconciled books normally require less remediation than incomplete or inconsistent records.

2

Number of entities

Multiple entities may require separate reporting packs, intercompany review or consolidation work.

3

Transaction and account complexity

Higher transaction volumes, multiple bank accounts, payment platforms, inventory or complex balances may increase the review scope.

4

Currencies and jurisdictions

Multi-currency records or entities operating across jurisdictions may require additional review and reporting work.

5

Reporting framework

The applicable framework, accounting policies and disclosure requirements affect the preparation scope.

6

Comparative information

Prior-period figures may require review, reclassification or additional supporting records.

7

Consolidation

Group reporting may require entity mapping, intercompany elimination and consolidation schedules.

8

Management reporting

Custom internal reports, business-unit analysis or recurring management packs should be priced separately from basic annual statements.

9

Record cleanup

Bookkeeping cleanup, reconstruction of prior periods and unresolved balances may require a separate preliminary engagement.

10

Deadline and revision cycle

Urgent deadlines, multiple review rounds and delayed management responses can change the delivery scope.

11

Audit handover

Preparation of auditor schedules and responses to audit requests may require a separate Audit Preparation engagement.

12

Tax work

VAT and Corporate Tax calculations, returns and advisory work must remain separately identifiable.

Any displayed provider quote must come from a real provider proposal. Emirae.Pro does not set the provider’s service fee and does not guarantee that every provider will accept the request.
Independent audit fees are separate from annual accounting and financial statement preparation. Do not combine audit pricing with this service unless the proposal clearly identifies the independent auditor, audit scope and separate fee.

Compare custom quotes for the same reporting brief

Submit one structured requirement and let relevant providers scope and price it against your entities, records and required outputs.

Connected Services

Annual reporting connects several services without replacing them

A complete year-end process may involve several independent scopes. Confirm which provider is responsible for each stage before comparing proposals.

Annual Accounting & Financial Statements

This page owns year-end accounting, account finalisation, financial statement preparation, management reporting and consolidated reporting. The related scopes below stay separate.

Accounting Services

For broader outsourced accounting, accounting oversight and comparison of accounting firms.

Bookkeeping Services

For recurring transaction recording, reconciliation, cleanup and maintenance of the underlying books.

Audit Preparation Support

For preparing supporting schedules, organising audit evidence and coordinating requests from an appointed auditor.

Audit Firms

For an independent audit and audit opinion performed by an appropriately qualified auditor.

Corporate Tax Filing

For preparing and submitting a Corporate Tax return using the relevant tax and accounting information.

VAT Filing

For periodic VAT return preparation and filing as a separate tax service.

How each connected scope differs: the typical output of each service and what it does not automatically include.
Service Typical output Does not automatically include
ServiceBookkeeping Typical outputUnderlying transaction records and reconciliations Does not automatically includeFinal annual statements
ServiceAnnual Accounting Typical outputFinalised accounts and agreed financial reporting pack Does not automatically includeIndependent audit or tax filing
ServiceAudit Preparation Typical outputSchedules and supporting information organised for an auditor Does not automatically includeThe audit opinion
ServiceAudit Typical outputIndependent auditor work and report where applicable Does not automatically includeRoutine bookkeeping
ServiceCorporate Tax Typical outputSeparate tax calculations, return and filing Does not automatically includeA replacement for annual accounting records
ServiceVAT Typical outputSeparate VAT compliance and return filing Does not automatically includeA replacement for financial statement preparation

Use current official requirements

Reporting, tax-record retention and audit requirements may differ by company type, free zone, regulator and financial year. Verify current requirements through the relevant UAE authority, the Federal Tax Authority and an appropriately qualified provider.

For UAE Corporate Tax purposes, the Federal Tax Authority states that relevant records must generally be retained for at least seven years following the end of the Tax Period to which they relate. This does not replace any longer or separate requirement applicable under another law, regulator or authority.

Annual Accounting FAQ

Frequently asked questions

How annual accounting, financial statement preparation, frameworks, pricing and marketplace positioning work on Emirae.Pro.

Still have questions?

Our team can explain how the platform works before you submit a reporting request.

Contact us
What is annual accounting?
Annual accounting is the process of reviewing and finalising the accounting records for a financial year or another reporting period. It may include trial-balance review, supported closing entries, account schedules and preparation of an annual reporting pack.
What is financial statement preparation?
Financial statement preparation converts finalised accounting records into the statements, notes and comparative information required by the applicable reporting framework and agreed engagement scope. It is represented on this page rather than as a separate indexable Emirae.Pro service page.
Which financial statements may be required?
The reporting pack may include a statement of financial position, statement of profit or loss, cash flow statement, statement of changes in equity, notes and comparative information. The required components depend on the applicable framework, company type and reporting purpose.
Is financial statement preparation the same as bookkeeping?
No. Bookkeeping focuses on maintaining transaction records, reconciliations and routine ledgers. Financial statement preparation uses finalised accounting records to produce period-end reports and statements.
Is financial statement preparation the same as an audit?
No. Preparing financial statements is an accounting service. An audit is an independent examination performed by an appropriately qualified auditor and may result in a separate audit report or opinion.
Does every UAE company need audited financial statements?
The requirement depends on the company’s legal form, jurisdiction, free zone, regulator, licence conditions, financing arrangements and applicable legislation. Confirm the current requirement with the relevant authority and qualified auditor.
Can the same firm prepare and audit the financial statements?
Independence and professional rules may restrict which services an auditor can provide to the same client. The company should confirm the applicable requirements with the appointed auditor and relevant authority before combining services.
What is account finalisation?
Account finalisation is the period-end review of the trial balance, supporting records, reconciliations and closing entries before final reports or financial statements are prepared.
What are management accounts?
Management accounts are internal financial reports prepared for owners or management. They may include profit and loss information, balance-sheet summaries, cash information and receivable or payable reports. Their format and frequency should be agreed with the provider.
Does annual accounting include Corporate Tax filing?
Not automatically. Annual accounts may provide information used for Corporate Tax work, but Corporate Tax calculations, adjustments, advice and return filing remain separate services.
Does annual accounting include VAT filing?
Not automatically. VAT filing is a separate periodic tax service. VAT-related ledger information may be reviewed during annual accounting, but the VAT return scope must be itemised separately.
How much does financial statement preparation cost in the UAE?
There is no reliable universal price for every company. Providers normally issue a custom quote based on the condition of the books, entity count, transaction complexity, reporting framework, consolidation requirements, comparative information, required notes and deadline.
How long does annual account finalisation take?
Timing depends on record completeness, unresolved balances, number of entities, transaction complexity, reporting requirements, review rounds and the speed of management responses. The provider should assess the records before confirming a deadline.
What information should I provide to request annual accounting support?
Include the entity and jurisdiction, financial year, reporting purpose, current accounting system, trial-balance status, record condition, required statements, number of entities, audit status and deadline.
Which accounting framework applies to UAE financial statements?
The applicable framework depends on the entity, regulator, free zone and reporting purpose. A provider may assess whether full IFRS Accounting Standards, IFRS for SMEs or another authority-specific basis applies. Do not assume that one framework applies to every UAE company.
What changes with IFRS 18?
IFRS 18 replaces IAS 1 for entities applying full IFRS Accounting Standards and is effective for annual reporting periods beginning on or after 1 January 2027, with earlier application permitted. The provider should assess whether it applies to the company and reporting period.
How long should Corporate Tax records be retained?
The Federal Tax Authority states that relevant Corporate Tax records must generally be retained for at least seven years after the end of the related Tax Period. Other laws, regulators or authorities may impose separate requirements.
Does Emirae.Pro prepare financial statements?
No. Emirae.Pro is a marketplace that helps users find independent providers and submit structured requests. Users should confirm the provider’s scope, qualifications, reporting framework, pricing and engagement responsibilities directly.
Find a Reporting Provider

Submit one annual reporting brief and compare relevant providers

Describe the company, reporting period, current records and required outputs. Relevant independent providers can then assess the same structured annual accounting requirement.

Submitting a request does not guarantee provider availability, acceptance, pricing, reporting outcome or completion time. Review the provider’s proposal and engagement terms before proceeding.