Some of Our Services

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With combination of Sharp and passionate team, we at Specialist are offering economical and high technology accounting & bookkeeping services. We emphasize on having transparent business dealings to create comfortable and secured environment for clients. We offer a wide range of accounting services to a broad spectrum of industries.

Lead by an expert accounting professional, we are a brand where you deal directly with experts. We are proud and happy company, providing UAE world class accounting and VAT services. Specialist Accounting is professional company based as addressed UAE and we work for happy companies. 

Our Mission To be a catalyst to clients for their

Our Vision to Earn Happy

Our Standards Simplicity, Consistency 

Our Merits Honesty, Communication, Teamwork,

Our Process Planning, Arranging, and Implementing.

1. Accounting Services in UAE

Specialist is considered amongst the top accounting services in United Arab Emirates, we are led an expert accounting professional to provide Bookkeeping and Accounting services for all kinds of businesses based anywhere in UAE including the free zones and across different sectors.

We are renowned accounting firm in UAE, who spread each part of accountancy and aspire to comprehend your business requirements for accounting and bookkeeping services in UAE, and long-terms objectives so would meet your business necessities. Here, we assure you for the full privacy of accounts (work) are being maintained by us and all the transactions and reports are being maintained and kept properly related to the company’s financial reports.

At Specialist, we ensure a smooth accounting system and therefore, put together better performance and efficiency at the end of the financial year, allow you to give more of your time and energy on expanding and advancing your business. We are being at your local gives you the best advice by our expert team who will make you overcome hurdles regarding accounting and drive you towards the success of your business. We are being amongst the best accounting companies in UAE, providing you with full-fledged services tailored according to you at reasonable prices.

• Accounting on Monthly
• Monthly accounting on accounting software or any cloud-based
• Analyzing and Interpreting the
• Accounts Receivable and Accounts Payable
• Recording of Sale, Purchase transaction and VAT on
• Input Tax Credit Report as per
• Maintaining and reconciling all cash books and Bank
• Preparation and submission of quarterly/ monthly vat return and send report to
• I Support during annual audits as an additional
• Checking Payroll Register
• General ledger
• Balance sheet generation and
• Financial statements & custom
• Fixed asset
• Audit support etc.

Survival in the marketplace has become difficult, however, entering it is an entirely different story. Absence of proper planning and forethought leads to the failure of entrants. Thus, to ensure profitability, it becomes essential to conduct some sort of analysis before plunging into the market. A proper example of this analysis is the feasibility study.

The feasibility study acts as an investigative tool to assess the potential, viability or practicability of a new business. It is an excellent instrument for the prediction of the likelihood of success or failure of a new business venture. It may also be adopted in the case of incorporation of new products or ideas into the business mix.

It provides results for key decisions that may be:

• Moving forward with the idea
• Refining it
• Leaving it altogether

A feasibility study also determines alternatives and solutions which may otherwise not have been known. Thus, it becomes critical to conduct this research before the commitment of business resources, time and money to a business idea that may not work as planned as this only leads to further investment for the correction of previous mistakes. The collection of this data helps make informed decisions regarding the selection of the most profitable path.

Our Feasibility Study’s components include (but are not limited to):

The market analysis is conducted to critically analyze and understand the environment in which your business will compete. Some basic components of market analysis include:

• Estimate of market size, volume
• Projected market share
• Analysis of the competition
• Key Future Trends
• 
  

In addition to the market analysis, financial analysis is a critical component of the feasibility study. Without the “financials,” it will be impossible to determine how feasible the business idea is. Key components of financial analysis include:

• Capital Requirements
• Start-up Costs
• Revenue Projections
• Gross Profit Margins (GPM)
• Net Income
• 
  

Technical Analysis is used only for a certain type of businesses that are technology driven. The analysis will vary from case to case and may include statistical measures and other technical evaluations.

An Economic Analysis ascertains the economic benefits to be reaped by the business. It is essential to discover the economic advantages and costs to be incurred. This not only determines the viability of the project but also directs the business towards saving itself from an inadequate allocation of resources. The credibility of the idea is assessed, and the management achieves a distinct breakdown of all the various costs it will have to incur from the initiation to the execution of the entire project.

All the future requirements of the human resource are analyzed under this category. The required background of the professionals and current shortcomings are generated. In the case of the absence of an effective team, hiring decisions may be made on the basis of the feasibility study.

You can always trust us to deliver exceptional insights and advice based on the highest standards of research and consulting practice – for the decisions that really matter.

It is unwise to plunge straight into the market without conducting proper research and gaining complete knowledge about the functioning of its various components. You may be equipped with the right skills, but these skills will simply go to waste if the dynamics of the market are not taken into account. Scrutiny of the market enables firms to create a better understanding about it. An appropriate sense of direction can be developed through the conduct of market research.

According to a start-up accelerator, roughly, one out of twenty start-ups is a success.

Market research enables your firm to adopt a systematic approach. Errors are minimized because all the data is based on concrete information and there is no room for guesswork. We study all the alternatives and provide the option of selecting the most profitable one. In this way, decisions of high quality may be made and lesser risks are faced as resources are not wasted on unproductive areas.

• Learn about all the components of the Market by getting reliable data
• Analyze competitors and gain knowledge about their practices
• Brand evaluation
• Create cost-effective strategy or market entry
• Explore prospective business expansion opportunities
• Identify possible industry partners
• Customized recommendations & report
• Industry expert advice
• 
  

Our Methodology for Market Research

Specialist conducts detailed industry, customer and competitor analysis in order to identify market opportunities. Our Research Team then assesses each of the opportunities, selects the optimal ones, and develops action plans for effective market penetration.

• Association Analysis-
• Canonical Correlation-
• Cluster Analysis-
• Conjoint Analysis-
• Cross Tabulation-
• Discriminant Analysis-
• Factor Analysis-
• Linear Regression-
• Markov Chains-
• Multidimensional Scaling-
• Neutral Nets-
• Non-linear Regression-
• Time series Analysis-
• Mystery Shopping- Gain invaluable insights about your business- from the customer’s perspective!

You can always trust us to deliver exceptional insights and advice based on the highest standards of research and consulting practice – for the decisions that really matter.

If given the option of choosing between a sound foundation and a frail one, preference towards the former alternative is inevitable. A business plan acts as the foundation of the business. It is of utmost importance to develop a sense of direction before embarking a journey. A business plan serves this purpose of direction. It is a document stating the business’s future objectives and strategies for achieving them.

As an entrepreneur, your task does not end with the development of the concept or idea. It is also important to achieve clarity by putting this concept into writing. A business plan allows entrepreneurs to focus on:

• The initial position of the business
• The end result, which is to be ultimately achieved
• The process of achieving the above mentioned result

We help you add logic to the business idea. An entire plan should be formulated, executed and implemented. This further elaborates the business idea and assists in the formation of strategies.

A Business Plan is a strategic tool which helps determine the steps that are necessary for success. Both short-term and long-term goals may be developed along with the ways of achieving them. We help develop important milestones and the tools to measure success. This document also plays the role of communicating the vision of the entrepreneur to other key stakeholders of the business.

• Market Overview & Analysis
• Competitive Landscape
• Organizational Structure
• Marketing Strategies
• Financial Modelling
• 5 Year Financial Projections:
  • Balance Sheet
  • Income Statement
  • Cash Flow
• Break Even Analysis
• Internal Rate of Return (IRR)
• Net Present Value (NPV)
• Weighted Average Cost of Capital (WACC)

You can always trust us to deliver exceptional insights and advice based on the highest standards of research and consulting practice – for the decisions that really matter.

Our Due Diligence report and support will enable you to establish the quality of the target’s financials, identify risks, plug gaps and in essence do the background work for your intelligence gathering process. We can also help in preparing financial models using the target’s accounts, budgets, forecasts and then take into consideration your own funding plans and other integration strategies. We know that at this stage, you will need an extra pair of eyes and a credible sounding board, and we will be exactly that, bringing instant credibility to the situation. We know what you should be looking for. We will help you understand your financial obligations, and highlight warning flags that may be missed if under pressure or working alone. The report is only one part of the puzzle, we will help you at any stage from pre-acquisition to many years post-acquisition. legal services

This comprehensive investigation provides a fully detailed report on all major aspects of the company providing potential investors, funders and non-execs with information that will enable the validation of stated management systems, as well as reveal potential pitfalls or missed opportunities of any proposed plans.
The report will include a list of key findings and valid recommendations, as well as a reasoned conclusion with a financial analysis explaining the feasibility of our recommendations, and its impact on the company.

• Review of financial details: Analysis of fixed assets, stock & WIP, trade debtors, bank and cash balances, prepayments, other debtors, HP/leases, loans, other creditors, accruals & deferred income, accounting policies, social security & VAT, corporation tax, intellectual property, goodwill and research & development.
• Review of corporate structure: Share capital, capital reserves, revenue reserves, long term loans, director’s loans, dividend policies, investments and group trading.
• Employees: Key staff personnel, staff turnover, salaries, employee incentives, benefit and welfare policies, holiday and sick leave policies, contracts, major disputes, cost/revenue per employee and training & development.
• Debtor and creditor details: Total sales and purchase ledger, debtor concentration, bargaining power of suppliers and customers, supplier and client switching costs and ageing debts & recover ability issues.
• Financing details: Current bank overdraft, approved facilities, bank loan/mortgage, HP accounts, lease accounts, monies on deposit and other loans.
  Operational tax matters: Up to date PAYE, VAT, corporation tax, share option reporting and details of recent or pending investigations.
• Cash issues: Calculation of working capital requirements, treasury management, foreign exchange matters, managing interest exposure, covenant reporting, online payments and merchant account services.
• Forecasts: Historic trends vs. Forecast to support trading, consistency of forecasts, accuracy of forecasts and sensitivity & suitability of assumptions.
• Operations: Business profitability, overhead review, optimal finance department structure, control of business expenses, growth plans and exit plans.
• Strategy: Corporate strategy and mission, business strategy and functional strategy.
• Other considerations: Default retirement age, auto enrolment, minimum wage, PRSI on salary costs, VAT recovery, credit rating, cross border issues and outsourcing issues.

Whether your goal is to buy or sell a business , we ensure that you get genuine and transparent business valuation reports to understand the real value of the business. This will help you in turn to take financially informed decisions. We aim to provide you with trusted business valuation reports that include historical and forecasted information, analysis of balance sheets, income statements and cash flow, conducting meetings with management to discuss company history, operations, employees, customers and competitors and other relevant items.

Business Valuation not only helps you understand the worth of a business but also helps you in one of the following areas that include:

1. Business acquisitions
2. Litigation purposes
3. Attracting Investors
4. Joint Ventures and Mergers
5. Family succession planning
6. Stakeholder incentivisation
7. Valuing your own net worth