Preparation of IFRS and IFRS for SMEs financial statements in the UAE — balance sheet, income statement, cash flow and notes, group consolidation and disclosures — audit- and Corporate Tax-ready.
A complete set under IFRS or IFRS for SMEs: the statement of financial position (balance sheet), the income statement (profit & loss), the statement of cash flows, the statement of changes in equity, and the accompanying notes and disclosures.
It depends on your size, ownership and reporting needs. Most UAE SMEs report under IFRS for SMEs, while larger or public-interest entities use full IFRS. We confirm the right framework and apply it consistently.
Yes. They are prepared with lead schedules, reconciliations and the disclosures auditors expect, so they go straight into the audit with minimal rework.
Yes. We prepare consolidated financial statements with intercompany eliminations, minority interests and group accounting policies applied across entities.
Yes. Your financial statements are the starting point for the Corporate Tax computation, so we prepare them on a basis consistent with your Corporate Tax position.
Typically one to three weeks once the trial balance is finalised, depending on the complexity of the business and whether a consolidation is involved.