Best CFO Service In Dubai, UAE
Virtual CFO Services
We become your CFO 24×7, like your In-House CFO would have been.
We provide you with Strategy support, Risk minimization, Liability management, Cash flow optimization, Revenue-Profit correlation, among others.
Our Virtual CFOs are caring and responsible. They feel a personal responsibility to the company, its shareholders, employees, and anyone else whose livelihood depends on the success of the company they work for. We take this responsibility seriously and personally.
Financial Reporting
We prepare “Reports” for Stakeholders to draw conclusions about current and future financial health of the business.
“Reports” cover the basic 4(four) financial statement: Balance Sheet, Income Statement, Cash Flow Statement and Statement of Retained Earnings. We add onto it the 5th dimension: preparation of Fund Flow Statement.
Any business has assets & liabilities which it owns & owes; income & expenses it incurs to generate profit and/or incur losses; Cash Flows which has inflows & outflows to receive its rights & meet obligations; Statement of Retained Earnings shows changes in ‘Equity’, owners’ creation of wealth & enterprise value. Fund Flow statement shows the sources and usage of funds as generated & consumed by business.
All these 5 pillars when prepared & presented on time with accuracy, gives the business enough tool to manage its assets funding, fulfill its obligations, monitor the efficiency of running the business, observe the creation of value for the internal stakeholders and most importantly, not to use the short-term funds for long term use.
Statutory Audit Assistance
We take Audit of Financial Statements as a Statutory exercise even where not made compulsory by the authorities.
This assumed role is to ensure that the company’s management takes the preparation of financial statements seriously, on time & accurately. Directors/company management are responsible for the preparation of the financial statements, our role is to assist & make them for being ready to face the statutory auditor.
Statutory Audit Report plays a key role not only in compliance but also in raising funds for growth, reliable valuation add-on during M&A transaction and supporting the ambitious future business plan. We ensure that financial records and statements are prepared and comply with as per the International Accounting Standard, IFRS.
IFRS Accounting Support
In an ever-evolving business & accounting standards world, we hand-hold businesses to prepare their accounting records on an accrual basis, matching principles, going concern norms among others.
Accounting records not adhering to International Financial Reporting Standards (IFRS) will lead to ‘qualification’ of Audit Report by Statutory Auditors’. This is not a good signal to the readers & users of Financial Statements. Our support ensures that accounting records adhere to international norms.
International Financial Reporting Standards (IFRS) are a set of accounting standards that govern how particular types of transactions and events should be reported in financial statements. These are based on 4(four) notables’ principles, namely revenue recognition, matching-materiality-consistency principles.
IFRS based principles’ adherence for accounting purpose has the goal of making company financial statements consistent, transparent, and easily comparable around the world. This helps for auditing, tax purposes, and investing among others. Our expertise and team ensure that we are always there as part of your team to ensure consistency, accuracy & reliability.
Board Meetings Presentation Preparation
We know the exact points/information Board of Directors’ want to know and remember.
Board meeting preparation is an art that lays the foundation for a good meeting. It’s the simplest way to achieve effective results. To run a successful board meeting, one will first have to prepare for one. We know this art.
We have been on the other side of the table during our career as employees of various organisations. We know that the bulk of any effective board meeting consists of discussing strategies and determining an execution plan, developing & monitoring Key Performance Indicators (KPIs) for observing strategies among others.
We have learned it through trial & error. We do not want you to go through the same. We hand-hold you, make you learn along the way and pass on our experiential learning.
Due Diligence Support
We tailor our services to meet all phases of an M&A transaction as a precursor exercise.
Pre-preparation is better than doing it when required or asked to do. M&A transactions are important, both for buyers and sellers. It’s a long-drawn-out process. Due Diligence is the first serious step.
Due diligence identifies issues so they can be tackled early on. It lays the foundation for establishing true & intrinsic value of a business. Information derived or obtained during the due diligence process usually contributes to the drafting of the terms of agreements. Most importantly, it empowers either party to negotiate better or best terms for the targeted firm.
We know its criticality and make or break parameters for an M&A transaction. We get involved and ensure a smooth journey for Win-Win situation.
Unlocking Financial Brilliance: CFO Services Redefined
In the intricate realm of corporate finance, having a seasoned CFO can be the game-changer for businesses aiming not just for survival but for unparalleled success. Let’s delve into the significance of CFO services and how opting for a CFO service in Dubai can elevate your financial strategies to new heights.
The Role of a CFO:
A Chief Financial Officer (CFO) is not just a numbers person; they are strategic partners steering the financial ship. From financial planning and risk management to implementing growth strategies, a CFO’s role is multifaceted. Their expertise extends beyond traditional accounting, focusing on driving profitability, ensuring financial compliance, and fostering sustainable financial health.
Why Opt for CFO Services:
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Strategic Financial Guidance: CFOs provide strategic insights, helping businesses align financial decisions with long-term goals. Their expertise ensures that financial strategies are not just reactive but proactive, anticipating market shifts and capitalizing on opportunities.
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Cost Efficiency: Engaging CFO services is often more cost-effective than hiring a full-time CFO. This flexibility allows businesses to access high-level financial expertise without the commitment of a full-time executive.
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Financial Risk Mitigation: CFOs are adept at identifying and mitigating financial risks. Their proactive risk management approach safeguards businesses from unforeseen challenges, creating a resilient financial foundation.
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Technology Integration: In the digital age, CFOs leverage advanced technologies to streamline financial processes, enhance data analysis, and provide real-time insights. This ensures that businesses operate with efficiency and agility.
CFO Services in Dubai:
Dubai, a global business hub, demands financial strategies that match its dynamic landscape. Opting for CFO services in Dubai means aligning your business with experts who understand the regional nuances, compliance requirements, and the fast-paced nature of the market.
Tailored Financial Solutions:
CFO services in Dubai go beyond generic financial advice. They offer tailored solutions that consider the unique challenges and opportunities presented by the local business environment. Whether it’s navigating tax regulations, optimizing financial structures, or implementing growth strategies, a CFO in Dubai becomes an invaluable asset.
The Path to Financial Eminence:
In conclusion, embracing CFO services, especially in the vibrant business landscape of Dubai, is not just a business move; it’s a strategic investment in financial eminence. A skilled CFO can transform financial data into actionable insights, steering your business toward sustainable growth and unmatched success. Explore the possibilities, redefine your financial strategies, and unlock the full potential of your business with expert CFO services.
