Accounting Services
What is Accounting
Accounting is the structured process of identifying, recording, classifying, summarizing, and interpreting financial transactions of a business. It serves as the financial backbone of any organization, offering a systematic way to track what a company owns, owes, earns, and spends over time.
In simple terms, accounting ensures that every financial activity—whether it’s a sale, purchase, payment, or expense—is accurately documented and reflected in the business’s financial statements. These records are essential for measuring business performance, ensuring compliance with tax and legal regulations, and making strategic financial decisions.
A well-maintained accounting system allows business owners and stakeholders to:
Understand profitability and cost control
Monitor cash flow and manage budgets effectively
Comply with UAE tax laws, including VAT and Corporate Tax
Prepare for audits, bank funding, or investor reporting
Make informed decisions based on real-time financial insights
Streamlined, Compliant, and Tailored Accounting for Your Business
At FSH Financial Consultants FZE, we understand that accurate and timely accounting is the backbone of any successful business. Whether you’re a startup, SME, or a growing enterprise, our customized accounting solutions are designed to help you maintain financial clarity, ensure compliance, and make confident business decisions.
We offer end-to-end accounting services, tailored to your operational needs and in full compliance with UAE regulations. Our commitment to precision, transparency, and responsiveness makes us the trusted partner for businesses across various industries.
Our Services Include:
1. Bookkeeping & General Ledger Maintenance
Daily, weekly, or monthly bookkeeping based on your volume and needs
Recording of all business transactions in accordance with IFRS standards
General ledger review and reconciliation
Chart of accounts setup and optimization
2. Financial Statement Preparation
Monthly, quarterly, and annual financial statements
Profit & loss statements, balance sheets, and cash flow statements
Customized financial reports for internal or external stakeholders
Ratio analysis and financial performance summaries
3. Accounts Payable & Receivable Management
Vendor invoice processing and payment scheduling
Customer invoicing and collection tracking
Aged payables and receivables reporting
Reconciliation of supplier/customer accounts
4. Bank & Credit Card Reconciliation
Matching bank statements with accounting records
Identifying discrepancies and recording adjustments
Regular reconciliations to ensure data integrity
5. Fixed Assets Accounting
Fixed asset register setup and maintenance
Depreciation calculations as per applicable standards
Asset tagging and physical verification
Disposal and retirement entries
6. Management Reporting
Custom-designed reports for strategic planning
Budget vs. actual comparisons
Departmental and project-based reporting
Cash flow forecasting and variance analysis
7. Inventory Accounting
Inventory valuation and cost accounting
Stock movement tracking and reconciliations
Periodic inventory reporting for decision-making
8. Year-End Closing & Audit Support
Preparation of year-end adjusting entries
Ledger and sub-ledger closure
Coordination with external auditors
Provision of required financial data and schedules
Why Choose FSH Financial Consultants FZE for Your Accounting Needs?
Choosing FSH Financial Consultants FZE means partnering with a firm that prioritizes accuracy, compliance, and tailored financial solutions. Our accounting services are fully aligned with International Financial Reporting Standards (IFRS), ensuring your financial statements meet global best practices and are audit-ready at all times. We bring in-depth knowledge of UAE tax laws, VAT regulations, and corporate governance, allowing you to operate with confidence and stay ahead of compliance requirements. What truly sets us apart is our personalized approach—we take the time to understand your business structure, industry, and financial goals to deliver accounting support that is both practical and strategic. Whether you need day-to-day bookkeeping, financial reporting, or year-end closing support, our experienced team leverages modern, cloud-based tools to provide accurate, timely, and transparent financial insights. At FSH Financial Consultants FZE, we don’t just manage your numbers—we empower you to make smarter business decisions backed by reliable, IFRS-compliant financial data.