Top 10 accounting firms in Dubai – United Arab Emirates
Auditing is one of the most important aspects of doing business internationally. Audits show that you are a trustworthy company, which in turn shows potential counterparties that you are a valuable partner.
The UAE is known as a dynamic business hub where people come together to exchange services and products. Participants from all over the world benefit from the UAE’s strict financial regulations, which make the UAE a fair, pleasant, and profitable place to do business.
One of the key legal requirements for doing business in the UAE is that financial audits are mandatory and strong financial controls are required. Thus, there are a number of internationally renowned accounting firms in Dubai and a common strategy is to choose a partner on the basis of “brand strength”, but this is often the wrong choice. Let’s take a look at the 10 best audit and Best Accounting Firm In Dubai.
You have a list of internationally renowned accounting firms. Why have these firms been selected as Dubai’s top 10? Because they are excellent, they have a good reputation and they are respected in the global financial community.
PricewaterhouseCoopers (established 1998).
The firm operates in 100 countries and helps all types of businesses grow and create value. The firm provides advisory, tax and audit services. Its reputation ensures credibility in the global banking community, resulting in your accounts and audited financial statements being accepted by all partners interested in your services and products. PwC serves 84% of Fortune 500 companies and over 100,000 corporates and sole traders. PwC’s total annual revenues exceed $43 billion.
Deloitte.
Deloitte, also known in Dubai and elsewhere, provides trusted audit, tax, risk management and financial advisory services; it is one of the Big Four accounting firms and one of the largest providers of recruitment services for financial professionals. It currently employs around 225 000 people. It has international experience in auditing the accounts of large companies. They are trusted and trusted by many people around the world, operate in about 100 countries and generate about $50 billion in revenue every year.
KPMG (since 1987).
KMPG is another trusted accounting firm with an impeccable reputation. The firm provides high quality services and operates in 155 countries with a diversified audit, domestic and international tax, assurance, advisory and consulting division. All the usual services you need are under one roof, saving you both time and resources. It generates annual revenues of $30 billion from its clients.
Ernst & Young.
Next is EY, which also has international experience. It offers services in audit, tax, advisory and transactions. EY places great emphasis on respect for clients, professionalism and integrity in its work. EY’s staff come from a variety of backgrounds and cultures and are made up of people who value integrity and hard work, making them trustworthy and reliable. They operate in many countries, and it is no wonder that EY has an annual turnover in excess of $35 billion.
Bbestaxca Global Chartered Accountants.
In fifth place is an unusual company – Bestaxca is one of the best accounting firms in Dubai, ISO certified and highly trusted and respected by financial institutions around the world.
It has been named as one of the world’s best audit and accounting firms by several media outlets, including USA TODAY, ENTREPRENEUR and even FORBES magazine. “How can a company with a turnover of a few million dollars be on the same list as a company with a turnover of tens of billions of dollars? “This is a world-renowned accounting firm that cares equally about its clients, no matter how big or small.
He tries to build long-term relationships with each of them. Because it is closely associated with the Big4 companies, it offers services on par with them, but at up to 20 times lower cost than most of the companies on this list, while maintaining the same quality of service. Combined with their international reputation, this makes them a good choice for supporting your financial statements. This is particularly good news for businesses that are struggling or growing and need every advantage they can get.
By the same token, Bestaxca offers tailored services to even the largest companies from oil and gas to real estate, from imports and transshipment to free zone management, from gold, diamonds and commodities to the film and entertainment industries. It is surprisingly cost-effective compared to other providers, yet offers the same services and has an impeccable reputation that is already fully trusted by international banks. The other five on the list, BDO, GT, Crowe Horwath, RSM and Baker Tilley, are similar to the first four.
BDO (1963):
It earns nearly $10 billion a year from its clients and helps them conduct international business. Their goal is to provide their clients with a highly flexible and proactive approach that allows them to overcome the various obstacles they may face. BDO has offices on all continents and is thus able to assist their clients in their global operations, operating in ~165 countries. They promise their clients a good professional experience.
Grant Thornton:
GT is known to commercial clients as a provider of high-quality tax, audit and professional accounting services. The firm has experience with clients from many industries and provides services tailored to each client’s needs. Their annual revenue is $2.7 billion.
Crowe:
Crowe is one of the 10 largest accounting firms in the world. The firm has ~220 offices in 130 different countries. The firm is proud of its portfolio, which consists of many large and well-known clients. The company makes every effort to ensure client satisfaction. Crowe’s turnover is $4.5 billion.
RSM:
This is followed by RSM Chartered Accountants, which focuses on tax, advisory and audit services. RSM provides these services in nearly 120 countries, which means it is experienced in doing business on all continents. They have extensive experience and offer professional quality services. Their diverse and growing client base shows that they are able to handle almost all types of audit engagements. RSM has nearly 800 offices around the world and revenues of $6.7 billion worldwide.
Baker Tilly:
This firm makes it to number 10 on this list. It is a well-known provider of accounting and business advisory services with a good international reputation. They show their clients how to predict the future while effectively managing the present. They have a diverse client base and offer a tailored audit, tax and advisory experience. The firm has 148 locations around the world. Their annual revenue was over $3.4 billion in 2019.
Your job is to choose the accounting firm that will have a significant impact on your business and certify that your finances are being managed properly – because that can make the difference between your business succeeding or failing. Hiring a reliable, qualified and trustworthy accounting firm is one of the best things you can do to protect and promote your business.
Choosing an accounting firm is an important task and should be done carefully. You need to hire an accounting firm that will add value to your business by uncovering misconduct, staff weaknesses and internal control weaknesses. Most importantly, you need a firm that will make recommendations to address the problems identified during the audit.
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