Audit Support and Accounting Advisory

Whether you are adopting IFRS for the first time or working through a specific accounting issue, we provide direct, well-reasoned guidance. Complex transactions rarely fit neatly into a single standard. We work across revenue recognition, lease arrangements, financial instruments, business combinations, impairment, and related areas, applying the relevant framework to the facts at hand rather than treating standards as a checklist. We also assist businesses transitioning from local GAAP or Indian Accounting Standards to IFRS, including free zone entities required to maintain IFRS-compliant audited financial statements regardless of revenue. For groups reporting under parent requirements from various countries, we align local UAE accounts with group formats.

We prepare consolidated financial statements for groups with subsidiaries across the UAE and internationally. This covers intercompany eliminations, currency translation adjustments, and alignment with parent company reporting formats. We understand what group finance teams across multiple jurisdictions require and what auditors look for, including the specific presentation standards expected by European, US, and Asian parent entities.

We assist clients in the preparation of annual and interim financial statements in accordance with applicable accounting frameworks and other relevant reporting requirements. Our services extend beyond financial statement preparation to supporting the entire financial reporting cycle, including year-end and period-end close processes, account reconciliations, disclosure reviews, and resolution of complex accounting matters. We work closely with management to ensure that financial information is accurate, complete, and presented in compliance with applicable standards and regulatory requirements. By bringing technical expertise and a structured approach to financial reporting, we help organizations enhance reporting quality, streamline the close process, and meet stakeholder expectations within prescribed timelines. We also support management reporting, budgeting and cash flow planning.

When a transaction is complex and the accounting treatment is not straightforward, a written opinion provides clarity for your board, auditors, and regulators. We cover revenue recognition, financial instruments, lease arrangements, business combinations, and other industry-specific issues. Our opinions are grounded in the relevant IFRS standards and written to be practically useful, not just technically correct.

We help businesses document accounting policies, set up chart of accounts structures, and build procedures manuals that finance teams can actually follow. This is particularly useful during ERP implementations, post-acquisition integration, and first-time IFRS adoptions, as well as for businesses establishing a UAE entity for the first time and needing a structured finance function from the ground up.

Finance teams preparing for a listing on DFM, ADX, Nasdaq Dubai, or Indian exchanges face significant pressure on the quality and presentation of financial information. We work alongside management and transaction counsel to ensure financial statements, disclosures, and related party information are accurate, well-structured, and consistent with what regulators and underwriters will scrutinise. For businesses targeting Indian exchanges, we assist with the financial diligence and reporting workstreams that feed into the DRHP and RHP process.