Xcel Accounting is an organization and a firm which is run by experienced Chartered Accountants. It is a Dubai based firm which mainly excels as one of the most efficient finance companies in Dubai. The company provides services in the fields of Accounting, Auditing and Management Consultancy.
Any kind of accounting will constitute the following basic types – financial accounting and managerial accounting.
- Financial Accounting – It is the means of making a company’s information public to stockholders, customers, creditors, and regulatory bodies.
- Managerial Accounting – The information of a company that is not made public, such as salaries, profits, and the cost of goods produced fall under this category.
The latter category of accounting helps make financial decisions about the company which helps propel a business forward in good health.
Bookkeeping is also an important facet of accounting. Bookkeeping is a way to maintain records of expenditures, on a daily, weekly, monthly and annual basis. This helps to keep track on the day to day workings of a company and does not create a mess of things when one sits for accounting or when time comes of the auditing of a company. Also, there is a monitoring required on a continuous basis. A business refinement is also needed. All this will make sure that the company runs smoothly and the clients and customers are in good faith. They should know that the company they are in business with are responsible and trustworthy and then only can they keep maintaining business transactions with the company.
The various services provided by the company include part time CFO, accounting outsourcing, internal audits, business plans, business valuation, due diligence, software selection and implementation, accounting workshops and accountant mentoring, etc. The company also arranges a number of accounting workshops and these workshops are extremely popular as well. If you need to get hold of a good financial consultant Dubai based and knowledgable, give Xcel Accounting a call today. The company’s policy involves letting its clients have a know-how of the various nitty-gritties of accounting, VAT, etc. and it does make them knowledgeable in all those aspects.