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Accounting & Bookkeeping for UAE Businesses | 5.0 Google Rating | Business Bay, Dubai Call: 056 583 4586
Accounting & Bookkeeping for UAE Businesses | 5.0 Google Rating | Business Bay, Dubai | Call 056 583 4586
✅ Licensed & UAE Registered ⭐ 5.0 Google Rating 🏢 500+ UAE Clients ✔ FTA-Registered Agency 📍 Business Bay, Dubai
Licensed UAE Firm · IFRS Compliant

Bookkeeping and Financial Advisory Services in UAE

Professional accounting and bookkeeping services in UAE for businesses of every size — including foreign-owned companies and international subsidiaries. From daily bookkeeping and payroll to CFO advisory and IFRS-compliant financial statements, Essence Accounting provides expert accounting and financial advisory services that keep your financials accurate, compliant, and decision-ready.

IFRSCompliant Reporting
WPSPayroll Compliant
CloudAccounting Software
5.05-Star Google Rating
Accounting Services

What accounting services does Essence provide for UAE businesses?

From transaction-level bookkeeping to consolidated financial statements — we handle every aspect of your accounting function.

Bookkeeping & General Ledger

Day-to-day recording of all financial transactions, bank reconciliation, accounts payable, accounts receivable management, and maintenance of the general ledger in compliance with UAE accounting standards.

Financial Statement Preparation

IFRS-compliant monthly, quarterly, and annual financial statements including income statement, balance sheet, cash flow statement, and statement of changes in equity — ready for board review, audit, or bank submission.

Management Reporting

Customised management accounts and dashboards reporting on key performance indicators (KPIs), profitability by product/department, variance analysis against budget, and cash flow forecasts.

Payroll Processing & WPS

Complete payroll management — salary calculations, gratuity provisions, leave accruals, WPS (Wages Protection System) compliance, payslip generation, and HR-related financial provisions.

Fixed Assets Management

Fixed assets register maintenance, depreciation schedule calculation, asset disposal accounting, and impairment reviews in accordance with IAS 16 and applicable UAE tax depreciation rules.

Backlog Accounting & Cleanup

Catching up on months or years of unrecorded transactions, correcting accounting errors, reconciling accounts, and bringing your books to current — essential before audits or investor due diligence.

Financial Advisory

What financial advisory and CFO services does Essence offer in UAE?

Strategic financial leadership for growing UAE businesses — without the cost of a full-time CFO.

Virtual CFO Advisory

Strategic financial leadership: cash flow management, profitability analysis, cost reduction strategies, funding recommendations, and investor/board reporting — delivered by an experienced CFO without the full-time salary.

Budgeting & Financial Forecasting

Annual budget preparation, rolling 12-month forecasts, cash flow projections, scenario modelling, and variance analysis to keep your business on track and prepared for growth or downturns.

Business Valuation

Independent business valuations for M&A transactions, investor fundraising, shareholder buyouts, or UAE golden visa applications — using internationally recognised valuation methodologies.

Accounting Software

Which accounting software does Essence support?

We work with all major accounting platforms and can migrate your data between systems:

QuickBooks Online & Desktop Xero Sage 50 / Sage 200 Zoho Books Tally ERP FreshBooks SAP Business One Oracle NetSuite Microsoft Dynamics 365
Industries We Serve

Which UAE business sectors does Essence serve?

Our accounting team has deep experience across UAE's key sectors:

Trading & Retail Real Estate & Property Construction Hospitality & F&B Professional Services Manufacturing E-Commerce Technology & IT Healthcare & Medical Logistics & Transport Education Free Zone Companies
Why Essence Accounting

Why should UAE businesses outsource their accounting to Essence?

Cost Savings

Outsourcing delivers professional accounting at a fraction of hiring a full in-house team — no recruitment, no benefits, no office space.

Certified Professionals

Your accounts are managed by qualified accountants with UAE-specific tax and regulatory knowledge.

Scalable Services

Our services scale with your business — from startup bookkeeping to multi-entity consolidated financial reporting.

Data Security

All financial data is handled with strict confidentiality protocols, encrypted systems, and access controls.

FAQ

Frequently Asked Questions — Accounting & Financial Advisory UAE

What accounting services do you offer in UAE?
We offer the full spectrum: daily bookkeeping, monthly financial statements, management reports, accounts payable/receivable, bank reconciliation, payroll & WPS, fixed asset management, IFRS-compliant financial statements, CFO advisory, budgeting, forecasting, and audit preparation.
What is CFO advisory service?
A virtual CFO provides strategic financial leadership — cash flow management, board reporting, financial forecasting, investment evaluation, and profitability analysis — at a fraction of a full-time CFO salary. Ideal for growing businesses that need senior financial guidance without the overhead.
Which accounting software do you support?
We support QuickBooks (Online & Desktop), Xero, Sage, Zoho Books, Tally ERP, FreshBooks, SAP Business One, Oracle NetSuite, and Microsoft Dynamics. We can also migrate your records between platforms.
How much do accounting services cost in UAE?
Pricing is customised based on transaction volume, number of entities, and required services. We offer monthly packages from basic bookkeeping through to full CFO advisory. Contact us for a tailored quote.
Do you prepare IFRS-compliant financial statements?
Yes. All financial statements prepared by Essence Accounting comply with IFRS as required under UAE law — including income statements, balance sheets, cash flow statements, equity statements, and supporting notes.
Can you handle payroll for my UAE business?
Yes. Our payroll service covers salary calculations, WPS compliance, payslips, leave accruals, gratuity provisions, expense reimbursements, and end-of-service benefit calculations — for teams of any size.
Can you help with audit preparation?
Yes. We maintain audit-ready financial records throughout the year, coordinate with your statutory auditors, and prepare all documentation needed — significantly reducing audit duration and cost.

Get Professional Accounting Support — Speak to Our Team

From bookkeeping to CFO advisory — our team of certified accountants handles your finances so you can focus on growing your business.

Last updated: November 2026

Why Clients Choose Essence