UAE Accounting
& Bookkeeping

Monthly IFRS bookkeeping, management accounts, outsourced CFO and Corporate Tax-ready records — partner-reviewed and built for SMEs and groups across the UAE.

  • Monthly Close
  • IFRS / IFRS-SME
  • Outsourced CFO
  • Audit-Ready
  • FTA-Aligned

Books That Hold Up to FTA, Auditors and Banks

UAE accounting and bookkeeping covers monthly IFRS or IFRS-for-SMEs ledgers, management accounts, board packs, cashflow forecasts and outsourced CFO support. Since Corporate Tax arrived in 2023, the Federal Tax Authority expects audit-ready records and QFZP status requires audited statements. Avyanco runs a fixed monthly close, partner-reviewed by Vikas Dhingra, positioned for Corporate Tax.

UAE bookkeeping is no longer a back-office task. Since the introduction of Corporate Tax in 2023, the Federal Tax Authority expects audit-ready records as standard, free zone Qualifying Free Zone Person status requires audited financial statements, and UAE banks have tightened their ongoing KYC documentation requirements. Monthly close discipline, IFRS-compliant ledgers and segmented revenue tracking are now the price of entry — not the differentiator.

Avyanco runs accounting and bookkeeping as a managed monthly cycle. IFRS or IFRS-for-SMEs bookkeeping, monthly management accounts on a fixed cadence, board packs, cashflow forecasts and KPI dashboards. Records are positioned for Corporate Tax computation from day one, with QFZP qualifying-income segmentation, related-party identification and exempt-income tracking built into the ledger. The work is partner-reviewed by Vikas Dhingra.

Avyanco accountant reviewing UAE monthly management accounts and IFRS bookkeeping dashboard

Accounting Service Levels

Three engagement levels — pick by complexity and ongoing finance team profile.

Bookkeeping & Monthly Close

Monthly IFRS bookkeeping, bank reconciliations, accounts payable / receivable processing, payroll posting and monthly close — the operational accounting layer.

  • Monthly bookkeeping (Xero, Zoho, Tally, Odoo)
  • Bank reconciliations
  • AP / AR processing
  • Payroll posting
  • Monthly close & lock

Management Accounts & Reporting

Management accounts on a fixed monthly cadence — P&L, balance sheet, cashflow, variance analysis and KPI dashboards. Board packs for monthly or quarterly review.

  • Monthly management accounts
  • Variance vs budget analysis
  • Cashflow forecasts (13-week rolling)
  • KPI dashboards
  • Board packs

Outsourced CFO

Full outsourced finance function — bookkeeping, management accounts, board reporting, audit liaison, Corporate Tax / VAT compliance and treasury support. Replaces an in-house finance team.

  • Monthly close & MIS
  • Board-level reporting
  • Audit liaison
  • Corporate Tax & VAT compliance
  • Banking & treasury support

Monthly Accounting Cycle

Five-step monthly cycle. The cadence is fixed — your finance week looks the same every month.

  1. 01

    Document Capture

    Invoices, receipts, bank statements and supporting documents captured into the accounting system via portal upload or shared drive.

  2. 02

    Posting & Reconciliation

    Transactions posted to IFRS-compliant ledgers, bank and credit card reconciliations completed, AP / AR aged.

  3. 03

    Monthly Close

    Period close routines — accruals, prepayments, depreciation, foreign-exchange revaluation. Trial balance locked.

  4. 04

    Management Accounts

    P&L, balance sheet, cashflow statement, variance analysis and KPI dashboard prepared. Board pack drafted where required.

  5. 05

    Review & Sign-Off

    Partner-level review by Vikas Dhingra. Management accounts delivered to the founder / board within the agreed monthly window.

Why Use Avyanco for Accounting

Monthly accounting is high-frequency, high-volume work. The advantage is in how the cycle is run.

Fixed monthly close cadence — books, MIS and board packs on a predictable rhythm

IFRS-compliant ledgers from day one — no year-end reclassification panic

Corporate Tax positioning — QFZP qualifying income, related-party flows, exempt income tracked in the ledger

VAT-ready transaction coding for input tax apportionment and zero-rated supplies

Audit-ready records — workpapers and supporting evidence captured continuously

Outsourced CFO option — full finance function, fractional cost

Bank-grade financial statements packaged for ongoing KYC and credit facility reviews

Integration with audit, Corporate Tax, VAT and compliance engagements

The Avyanco Advantage

Six things that distinguish Avyanco's accounting practice.

IFRS-grade Ledgers

Monthly books prepared to IFRS or IFRS for SMEs — no patch-fix at year-end, no surprise reclassifications during audit.

Fixed Monthly Cadence

Books, MIS and board packs delivered on a fixed monthly window — predictable rhythm, no scramble.

Corporate Tax Positioning

Ledger structure built for Corporate Tax — QFZP qualifying income segmentation, related-party flows, exempt income.

Audit-Ready Always

Records, supporting documents and workpapers built to withstand audit and FTA review continuously.

Outsourced CFO Option

Replace an in-house finance team with a fractional outsourced CFO function on a fixed monthly retainer.

Bank-Grade Financials

Financial statements packaged for UAE bank ongoing KYC and credit facility applications.

Meet Our Specialists

Partner-led accounting practice — Vikas Dhingra leads alongside Avyanco's audit and tax team.

Vikas Dhingra, CFO at Avyanco

Vikas Dhingra

Chief Financial Officer · Tax & Structuring

Anshul Agarwala, Senior Consultant at Avyanco

Anshul Agarwala

Senior Consultant · Accounts, Tax & Audit

Jaikishan Kishnani, Tax Consultant at Avyanco

Jaikishan Kishnani

Tax Consultant · Corporate Tax & VAT

Shoaib Shaikh, Tax Consultant at Avyanco

Shoaib Shaikh

Tax Consultant · Corporate Tax & VAT

Abel, Accounts & Tax Associate at Avyanco

Abel

Accounts & Tax Associate

Subura, Accounts & Tax Associate at Avyanco

Subura

Accounts & Tax Associate

Why Founders Choose Avyanco for Accounting

Three things that come up in every accounting engagement.

Avyanco accounting partner closing an engagement

Partner-Reviewed

Every monthly close and management pack is signed off by a partner-level reviewer — not pushed straight to delivery.

Cross-Regime Records

Books built to serve FTA computation, statutory audit, bank KYC and management reporting — without four separate datasets.

Outsourced CFO Option

Full outsourced finance function — fractional cost, partner-level oversight.

What Clients Say

Recent feedback from groups Avyanco runs UAE bookkeeping for.

UAE Accounting — Frequently Asked Questions

Common questions about UAE bookkeeping and management accounting.

Do UAE businesses have to maintain accounting records?
Yes. Under the UAE Commercial Companies Law and Federal Tax Authority record-keeping rules, all UAE businesses must maintain books and records sufficient to support their financial position and tax computation. Retention periods vary by tax: VAT records must be kept for at least 5 years, while Corporate Tax records must be kept for at least 7 years (15 years for real estate). FTA record-keeping requirements apply to VAT and Corporate Tax.
What accounting framework should I use?
UAE financial reporting follows International Financial Reporting Standards (IFRS) as issued by the IASB. IFRS for SMEs is permitted for non-public-interest entities. Most SMEs use IFRS for SMEs; larger groups, listed entities and entities seeking external investment use full IFRS.
Which accounting software does Avyanco use?
We work across the main UAE cloud accounting platforms — Xero, Zoho Books, Odoo, Tally Prime and QuickBooks Online. Choice depends on existing tools, transaction volume, multi-entity requirements and integration needs.
What is an Outsourced CFO and when does it make sense?
Outsourced CFO is a fractional finance function — monthly close, management accounts, board reporting, audit liaison, Corporate Tax / VAT compliance and treasury support — delivered on a fixed monthly retainer. It makes sense for businesses too small for a full-time CFO but too complex for bookkeeping-only support. Common revenue range: AED 5M to AED 50M.
How do books interact with the audit?
Audit-ready bookkeeping is the single biggest driver of audit cycle time. Books with monthly close discipline, IFRS-compliant ledgers, complete supporting documents and clean reconciliations cut audit time materially. Avyanco's monthly close cycle is built for audit readiness from day one.
Can Avyanco handle UAE payroll alongside accounting?
Yes. Payroll processing — gross-to-net calculation, end-of-service benefit accrual, WPS file generation, leave and overtime tracking — is delivered alongside the monthly accounting cycle on a single engagement letter.
Verification & independence

Content prepared from publicly available UAE Ministry of Economy, UAE Federal Tax Authority record-keeping guidance and the IFRS Foundation's IFRS and IFRS for SMEs standards as of June 2026. Avyanco Business Consultancy LLC is independent of all UAE government authorities and accounting standard-setters and not affiliated with any government agency.

UAE accounting record-keeping requirements, Corporate Tax and VAT record-keeping rules, and IFRS / IFRS for SMEs frameworks evolve. Always confirm the current requirements for your specific business directly with the relevant authority and a qualified accounting advisor before acting on any fact on this page.

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