The closing of books of accounts is normally carried out before the Annual General Meeting. These record books are then sent to the head office, as companies in UAE normally keep these books for at least five years after the end of the company’s financial year. These records are vital to the company’s survival, as they contain records of each and every dealing or transaction the company has made so far.
Understanding that KSP Accounting & Bookkeeping offers reliable expert professionals to close book accounts. Once they have processed all the accounting documents, they craft a report on the company’s financial situation and provide Income Statement, Balance Sheet, and General Ledger. These reports are then presented to the auditor and partners of the company at the Annual General Meeting.
So, if you are looking for someone for year-end closing of books or month end closing of books, contact our team!