Category Archives: accounts

Financial consultants in dubai

Financial Consultants- Why and How

financial consultants in Dubai

What do we do once we get hurt on our hand? We source out a specialist for a consultation. Regardless of the situation it is in the basics of human survival to pursue solutions for problems. Thus it is easy to guess why one should consult with a financial consultant if he has a problem in his business finance. Financial consultations are highly prominent among the ones possessing the know how of usage of their services which explains why financial consultants in Dubai are engrossed with their occupation than a financial consultant in a tier 3 city.

How does a financial consultant work

Financial consultations do not always take place in the presence of a problem but also once the need of expansion rises. Consulting a specialist provides a clear view of the next step to be taken to ensure the most safest & stable path. It is due to their exposure to, and relationships with numerous organizations, consulting firms/ consultants they are typically aware of industry best practices.

Seeking professional financial consultants in Dubai?

We ARC Associates, serve the best Financial Services and gives productive Financial Advises to our customers. Our administration incorporates a comprehensive money related and operational rebuilding, to our customer’s association. We give basic counsel and indispensable bits of knowledge to failing to meet expectations and fiscally stressing organizations, their partners and other concerned individuals. With a strong team of financial consultants in Dubai (and abroad) we strive for the fulfillment of our customers.

ARC provide the finest Business Consulting and Advisory Services. From Feasibility Studies, Market Feasibility, Operational Feasibility, Financial Feasibility , Operational Improvement,  Incorporation, Fund Management to Mergers and acquisitions .

For a no obligation initial consultation, please contact:

Mr. Reyees. K.P | Director
ARC Associates
Tel: +971 4 4431604
PO BOX 390831
Mob : 055 4874391
B2B Tower , Office 1213
Business Bay
Dubai, UAE
Email: info@arcauditing.ae                                                                           Web: 

Fraud – Manage it before it destroys you

Fraud – Manage it before it destroys you

Fraud is an unethical act that is unfortunately omnipresent in the world today. It is perpetrated by highly organized and resourceful criminal individuals and groups. The motivation is normally blind greed.
Fraud can deprive a business of its tangible movable and immovable assets, intellectual property rights, other intangible assets, customer lists, customer details and the entity’s reputation. Except for fidelity insurance covering a limited category of staff such as cashiers, it is not possible to mitigate the effects of frauds through insurance.
Material Fraud is significant and can destroy or seriously cripple a business. This category of fraud needs to be carefully managed with elaborate preventive, detective and punitive procedures. The lesser frauds that exist in most group activities are of relatively smaller value and can be considered immaterial. These immaterial frauds are to be managed with deterrent internal controls. Cost benefit constraints make it unviable to eliminate such frauds completely.

Dealing with material fraud

The best way to deal with material fraud is to prevent it. Experienced Fraud Examiners and Forensic Accountants are trained to detect weaknesses in business systems and environments that have already been attacked or are ripe for an attack. The high degree of information sharing in today’s world is helpful to fraudsters. It can also be helpful to their targets if they or their advisers are alert and abreast with the state of the art. Even a high level of expense to preempt fraud is worthwhile because the consequences are often fatal and there is normally no other way to mitigate the risk.
Once a material fraud has been detected, it needs to be addressed quickly and effectively. This is the second best way of managing a fraud. After preventing further damage, the process of comprehensively preparing for a prosecution has to start in order to recover as high a proportion of the loss as possible. Legal and other experts have to work together to provide such services.
The third way of dealing with material fraud is to effectively prosecute the case to minimize the cost and maximize the recovery of lost value. Legal experts have a major role in this activity with support of other professionals like accounting experts, at appropriate stages of the process.

Next Steps
It can be seen that professional help is necessary to deal with Fraud at various stages before, during and after a fraud is detected. It is therefore in the interest of every business entity, irrespective of size, to consult an experienced Fraud Examiner for enlisting appropriate relevant services at the right time.
For a no obligation initial consultation, please contact:
Mr. Reyees. K.P | Director
ARC Associates
Tel: +971 4 4431604
PO BOX 390831
Mob : 055 4874391
B2B Tower , Office 1213
Business Bay
Dubai, UAE
Email: info@arcauditing.ae                                                                             Web:

Company Liquidation and De-registration Services In Dubai

Company Liquidation and De-registration

“A Smart move if done in time”

 

Company liquidation and de-registration services in dubai

Company Liquidation And De-registration Services In Dubai:

Everything that has a beginning has an end. The life cycle of a commercial company starts with incorporation or registration, covers the growth phase until it reaches maturity followed by the decline phase and finally ends in liquidation and deregistration.

A commercial company, by its nature, exists to make profit and generate cash surpluses to satisfy various stakeholders.

A smart move is to liquidate and deregister the commercial company while the going is still good enough to pay all its liabilities from its assets and return the residual assets to its owners. A timely voluntary liquidation will give the commercial company a great degree of  control over the process. The reputation and credit-worthiness of its owners will also remain intact, which is important for starting a new business in the future. Procrastination often results in unpleasantness. Involuntary liquidation can be triggered by creditors or the court. In such events, the owners have far less control than a voluntary liquidation. Assets generally tend to realize lesser value as the potential buyers look for bargains in the knowledge that there is a compulsion to sell. Reputation loss for the owners is an additional thorn in their side.

Liquidation Rules & Regulations

In general, liquidation involves early termination of all unexpired contracts, disposal of all assets and inventories including work in progress and obtaining certificates confirming settlement of all liabilities from banks, lenders, creditors and regulatory authorities. Some assets may be taken over by creditors, owners or shareholders. In such cases, unbiased professional valuations may be required.

In the UAE there are specific liquidation and De-registration rules for:

  • Onshore companies
  • Free Zone companies
  • Offshore companiesARC Associates Deregistration

It is advisable to consult a professionals such as approved liquidators for LLC and FZ company liquidation or DMCC approved auditors and DMCC company liquidators to discuss the process and timing of liquidation and deregistration. An experienced liquidator can save the company time and money while safeguarding reputation and offering peace of mind.

In every problem there is an opportunity. The professional liquidators in Dubai can help in maximizing the benefits from the opportunities.

Where to seek  help

ARC Associates is an experienced Liquidator, ready to serve you.They are:

  1. Registered free zones liquidators
  2. Approved liquidators for LLC and FZ Company liquidation
  3. DMCC approved auditors and DMCC Company liquidators

For a no obligation initial consultation please contact:

 Mr. Reyees. K.P | Director

ARC Associates

Tel: +971 4 4431604

PO BOX 390831

Mob : 055 4874391

B2B Tower , Office 1213

Business Bay

Dubai, UAE

Email: info@arcauditing.ae                                                                             Web: www.arcauditing.ae

Accounting Service In Dubai

ACCOUNTING SERVICE IN DUBAI

ACCOUNTING SERVICE IN DUBAI: ARC ASSOCIATES ARE ONE OF THE TOP ACCOUNTING SERVICE PROVIDERS IN DUBAI, UAE. ARC PROVIDE HIGH CLASS QUALITY ACCOUNTING SERVICES TO THEIR ESTEEMED CLIENTS.

Accounting Service in Dubai

ARC Associates is a group of Auditors and Accountants, established in Dubai, providing services in Audit, Finance, Accounting, Consultancy and RERA auditing. ARC Associates is also a listed auditors in RERA. We are one of the top auditing companies in Dubai.

ARC Associates was born from the core ideology of providing high quality financial services to organizations in need and imparting unbiased insights without compromising on the passion for excellence. We believe that credibility is the key to providing services in various areas like financial and consultancy, auditing, internal auditing, RERA auditing etc, And our team with years of distinguished industry experience is equipped to serve our clients with utmost transparency.

ARC Associates having a good financial advisory team on board can be a luxury for many organizations.  With our array of services and tools that ensure a precise analysis of business capabilities, And we provide RERA auditing. We are one of the approved listed auditors in RERA. we are able to provide such a team to our clients while aligning to their organization budget.  Our well-experienced team makes sure that all the risks and contingencies for our clients’ organization is addressed with an end-to-end financial advisory solution as and when they need it.

Accounting Service In UAE

Accounting Service  In Dubai

ARC Associates are aspired to be one of the top accounting company in Dubai, UAE. who Provide our clients with a global financial strategy. We look forward to deliver our clients the best affordable services with a guarantee of unparalleled professional integrity.

ARC provide comprehensive services in

  • Audit & Assurance Services.
  • Financial Accounting & Outsourcing Services.
  • Business Consulting & Advisory Services.
  • Free zone Audit Services.

 

ARC Associates