Types of Accounting Services offered by Embassy FS

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Embassy FS is an accounting firm in Dubai UAE which offers various types of services. They are Filipino Accountants in the region, specialized in accounting to serve small to medium enterprises. To know more about them, check their website - http://embassy-fs.com/.

Accounting Services

Some of the services offered by Embassy FS are the following:

Set-up of Business Accounting Systems and Internal Control

Internal controls are the methods and procedures designed by management to safeguard assets and to manage resources. It is a system of checks and balances. A system of internal controls serves to minimize and eliminates errors in the accounting records and to deter fraud, embezzlement and theft by employees, vendors and customers.

Bookkeeping and Accounting

Bookkeeping and accounting are both important business functions as it is required for all businesses. Bookkeeping is responsible for the recording and documentation of financial transactions. Accounting is responsible for interpreting, classifying, analyzing, reporting and summarizing financial data. If you are in business, Embassy FS will definitely help you out on these matters.

Preparation, Reporting and Analysis of Financial Statements

Preparation of business financial statements is one of the last steps in the accounting cycle, using information from the previous statements to develop the current financial statement.

Embassy FS will do the preparation reports and analysis of financial statements for you, while you, yourself, will just focus on your business. Let the experts handle your statements. 

Processing of Payroll in accordance with UAE Labor Law

Payroll processing is not an easy task to do especially if the business is small to medium one. That’s why Embassy FS envision itself to help these small to medium scale businesses to help process their payrolls in accordance to UAE Labor Law. 

External Audit Assistance and Preparation

They can also do external audit assistance and preparation for you. With these, you can knock-out of your head those heavily technical accounting terms and leave them to the experts.

Management Accounting Services

Management accounting is a profession that involves partnering in management decision making, devising planning and performance management systems and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organization strategy. Embassy FS is committed to help your business grow and be stable in the future.