Accounting and financial reporting services are vital to maintain track of the revenue and expenses that reflect the results of your business operations. TCFS maintain the book of accounts in accordance with UAE commercial business legislation. It allows investors to examine the company's financial situation, research investment opportunities, and decrease costs where appropriate.
The TCFS Statutory Audit team offers superior service quality to make your organisation more transparent and boost stakeholder confidence in it. Our tried-andtrue methodology highlights key risk areas by fusing our technical expertise, realworld experience, and in-depth knowledge of your organisation and the financial services sector to find key strengths & weaknesses.
An agreed-upon procedure is one in which an auditor is hired to carry out auditrelated procedures to which the auditor, the entity, and third parties have agreed, as well as to report on factual findings. Our specialised financial reporting improves the trustworthiness of information provided to banks, regulatory authorities, prospective investors, or prospective purchasers.
The Ministry of Industry and Advanced Technology's National In-Country Value Program is guided by the goals of Emiratization, GDP diversification, and strategic considerations. Companies are required to submit ICV certificates which will be evaluated based on the ICV score achieved before being granted access to participating organisations' procurements during the contract awarding process.
TCFS is a leading real estate accounting and consulting organisation well-known for developing novel methods, recognising and evaluating difficult real estate issues, and suggesting feasible solutions. The Real Estate Regulatory Agency (RERA) audit entails reviewing, studying, and analysing the service charges budget to ensure that it is feasible in the existing competitive market.
Management and accounting personnel frequently lack the time and knowledge to create accurate financial statements and audit files, as well as answer any concerns raised by statutory auditors. TCFS team of professionals has exposure to many industrial segments, an in-depth understanding of the IFRS Framework, and familiarity with international auditing and quality assurance standards.
