Audit firms in Dubai, Audit firm, Bookkeeping, Business setup, Liquidation

8/6/2019 Audit firms in Dubai, Audit firm, Bookkeeping, Business setup, Liquidation

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Contents

Introduction.......................................................................................................................... 3Our Resources & Capabilities........................................................................................... 4Our Services......................................................................................................................... 5Organization structure....................................................................................................... 9Client Service Team...........................................................................................................10Coordinating Office............................................................................................................11Commercial License............................................................................................... ...12


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Our Resources & Capabilities

Mashal Al Zarooni Chartered Accountant (MAZ CA) is owned and managed by Mr. MashalAl Zarooni and we have versatile staff strength with varying skills and qualifications includingChartered Accountants, ACCAs, CPAs and Masters of Business Administration from leadinguniversities. All strategic decisions are taken by the management committee. The firmsservices sector is divided into three segments comprising audit, taxation and financial andmanagement consultancy. However, office is under the direct supervision of the Partner whotakes responsibility of day to day decisions regarding the operation of that office.

Our goal is to deliver to our clients and to our people experiences they value, and thatare unique within our profession. We refer this as The MAZ Experience.

Our clients enjoy easy access to our professionals locally. Our service teams communicate consistently with clients to anticipate their

needs and respond to requests more quickly than our competitors. We deliver quality services on time, without surprises and provide value for

our fees.

Highly advanced in terms of usage of technology within partner and employees. Core services of the firm include Audit, Accounting, Tax and Specialist Advisory

Services.

Firms Quality Assurance System

Our Guiding Principles: We operate under the principles of corporate responsibilityand professional integrity. We ensure that no conflicts of interest arise as we engageour firm in various assignments in different industries. Keeping the sensitivity of theaccountancy profession in todays world in view, we assure that our accounts and

finance professionals are aware of the developments and changes in InternationalAccounting and International Financial Reporting Standards, and that advice providedto our clients is technically correct according to relevant legal and tax structures of theindustries in which they operate. Additionally research work and industry facts andfigures used by our teams in assisting our clients are always checked for theirauthenticity.

Benefits of Working with Mashal Al Zarooni Chartered Accountants

Client Service Excellence Integrated Approach

High ratio of partner time onassignments Dedicated people bring real expertise Broad resource base of sector

specialists - geographically mobile

Aim to provide solutions ratherthan services Teams work closely together to

deliver the product you require

Innovative approach tailored toclient needs


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Our Services

Our Core Services

MAZ CA being a multi disciplinary partnership firm provides services in the following majorcategories:

Accounting and Audit and Assurance Taxation Services Management and Financial Consulting Human Resource Consulting Arbitration Business Formation Services

Audit and Assurance S ervices

Audit and Accountancy division of MAZ CA is led by an Audit Partner. Partner has suitablyqualified managers who are in charge of planning and execution of the audits of bothmultinational and local companies. In addition to compliance with International AccountingStandards and Corporate Legislation, our audits are carried out by implementing the auditmanual ofMAZ CA. Partner and Managers of MAZ CA are being regularly trained by MAZCA through their training programs and workshops, which are conducted regularly. In turn,MAZ CA regularly conducts in-house courses and workshops to impart and update thenecessary skills of the audit staff. In addition, MAZ CA also conducts an ongoing review of allits assignmentsto ensure Quality Control and compliance with local regulators standards andprocedures.

Core service areas include:

Audit Services

Statutory Audits and assurance Services Internal Audit and Review Operational Audit Information Technology Audit Tax Audit Stock Audit Audit of Trusts Management Audit and Certification work Forensic Accounting and Fraud Examination Risk Assessment Services Regulation Compliance

Accountancy Services

Preparation and analysis of Financial Statements Maintenance of books of accounts (Book Keeping) manual/computerized.


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US GAAP & IFRS Implementation Preparation of interim and annual financial statements Maintain general ledger Complete monthly and year-end closings Preparation of depreciation schedules Preparing and reviewing fund flow and cash flow statements

Taxation Services

MAZ CA also has a prominent taxation services practice and provides this service to a numberof international companies and individuals in addition to its audit clients. Our team is active intraining programs and conferences on Taxation organized by our team. Advice on taxationaspects of doing business in UAE is regularly provided to international prospective clients ofMAZ CA who are evaluating direct or indirect investments into UAE.

MAZ CA provides a complete and comprehensive range of services in taxation, both for directas well as indirect taxation covering clients ranging from large multinational corporations who

are provided advice, based on international taxation arrangements and double taxationconventions right down to tax advice for individuals.


VAT and Indirect Taxes. Preparation and filing of returns under various direct tax laws like Income Tax, Wealth

Tax etc. Valuation of Stocks, securities etc. for the purpose of various direct tax laws Drafting of relevant deeds, documents, schemes etc. International Tax Planning, preparation and filing.

Management and Financial Consulting Services

Mashal Al Zarooni is providing consultancy services to both the public and private sectororganizations in UAE and overseas covering diverse areas of business and industry. Ouroverriding objective is to work with our clients to develop practical solutions to enhancebusiness performance. We achieve this by integration of our management consultancy,accounting and auditing, tax and secretarial services teams.

Ensuring the success of a business or entity poses an increasingly complex challenge. Businessperformance is increasingly being measured by international standards with increasingcompetition in the global as well as local markets. Our firm with its experience in the localmarket is in the best position for providing the most modern, up to date and experienced

advisory services that ensure the achievement of our clients objectives.


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Corporate & Financial analysis and advisory Business Valuations Due Diligence for Mergers & Acquisitions Management Information Systems (MIS) and Standard Operating Procedures

(SOPs) Corporate financing/ Mortgage/ Personal loan Consultancy Planning and raising working capital. Planning capital structure. Corporate Funding Patents and Copyrights

Privatization Strategy & Market Research/Sector Studies Capital Market & Public Issues Feasibility Studies & Business Plans

Human Resource Consulting

Human resource consulting has been one of MAZ CAs major activities. MAZ CA provides acomprehensive range of human resource and business development services. To handle thecontinuously growing demand for such services, MAZ CA services its clients directly throughits partners involvement who perform this critical process for the clients.


Organization Structure & Restructuring Payroll Services Job Evaluation System & Salary Scales Job Description Talent Management HR Audit HR Personnel Services

Arbitration

Mashal Al Zarooni (MAZ) is an approved arbitrator and expert auditor of G.C.C CommercialArbitration Centre. G.C.C Commercial Arbitration Centre has the potential to serve thearbitration needs of the Gulf countries in particular and global economy in general.Connecting the East and the West with its prime location, Dubai is a leading business centre in

the Middle Eastern region as well as a prime venue for commercial dispute resolution. It hasthe facilities and services of the worlds major international business centers with all theattractions of a top tourist destination. G.C.C Commercial Arbitration Centre has simplestpolicies that can be used to resolve disputes amicably worldwide.


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While emerging as a centre of expertise in Auditing, Consultancy, Tax and Human resource,MAZ CA has an enormous pool of experienced professionals from different backgroundsready to support all kinds of dispute settlements. In addition to local lawyers qualified toadvise on UAE and G.C.C countries legal framework, the MAZ CA has association with awide network of international law firms from several continents, which are readily available to

render their consultancy services to international parties.

The right outcome for arbitration or mediation is all about the experience, intelligence, andcredibility of the neutrals selected. Mashal Al Zarooni is composed of qualified arbitratorswhose mission is to deal with arbitration procedures and proceedings inside and outside theU.A.E. Our team handles many cases at the G.C.C Commercial Arbitration Centre, dealingwith property, civil and commercial disputes.

Arbitration and mediation can be excellent alternatives to litigation. Our goal is to help ourclients avoid getting into a dispute. But when they do have to face a conflicting situation, ourarbitrators work towards limiting the impact and ensuring a speedy resolution.

Our management believes in honest dealings, mutual trust, integrity and transparency withclients and everyone who involves in our activity.

Business Formation and Liquidation Services

Mashal Al Zarooni Chartered Accountants offers world class professional BusinessManagement Consultancy to investors in the Private, Government, Non-Government andacademic sectors. Since being based and established in Dubai, our Business RegistrationDepartment offers a spectrum of services, covering all aspects of doing business in the UAE.

The UAE offers incoming business all the advantages of a highly developed economy, and

with opportunities booming in the world of business today, International Companies seekingto establish a business in Dubai, have a host of alternatives.

We are providing business formation services in all of the UAEs Free zones with extremetechnical expertise with a friendly personal service, thus helping our clients to meet thechallenges and opportunities presented by transition.


Business setup sole establishment, LLC, private listed company, joint ventures etc. Free Zone and Offshore Companies Set up PRO Services Subsidiaries and branches setup Work Process Drafting resolutions and statutory declarations Issuance of Liquidation reports Completion of the liquidation formalities in compliance with the applicable laws


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Organization structure

Partner/CEO

AuditAssurance

Department

TaxConsultancyDepartment

ArbitrationDepartment

BusinessFormation

Department

HRConsultancy


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Client Service Team

We are proud to offer an experienced client service team, each member of which is committed

and enthusiastic about serving clients and welcomes the challenge and responsibility that willcome with serving clients. The following chart summarizes the qualifications of team memberswhich are described in greater detail in their biographies included

Team member Role Relevant experience

Mashal Al Zarooni PartnerUnmatched combination of industryexperience as auditor, and consultantwhich has led to track record ofadding values to clients. In early 2010he formed Mashal Al Zarooni

Charted Accountants in Dubai

Approved from UAE Ministry ofEconomy, member of UAE Auditors& Accountants Association. Over 6years extensive experience includesbusiness risk consulting,organizational change managementand strategy articulation andfacilitation.

Naveed ul Hassan Bukhari ManagerMr. Naveed is Fellow member of TheInstitute of Chartered Accountants ofPakistan (ICAP). He has over 23 yearsof experience and some of his specificareas of expertise are:Audit and Accountancy Services;Accounting and ManagementInformation System.Performance Analysis andEvaluation, monitoring and financialrestructuring; andFinancial Consultancy for variouslocal and multinational companies

introducing costing,

Saqlain Husain ManagerMr. Saqlain is an ACCA member andhas over 8 years of experience in a bigfour firm and has been engaged inauditing and accounting servicesthroughout his service. Mr. Saqlainhas numerous auditing andaccounting services of public listed,


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government and semi governmentowned and private entities in hispocket. He has versatile experience ofsystem development assignments aswell as financial and managementconsultancy to his credit

Imtiaz Ul Hassan Javed ManagerMr. Imtiaz is an ACCA and has over 5years of versatile experience in thefields of audit and consultancyserving public and private limitedcompanies in various industriesincluding construction, import andexport, textile, manufacturing andfinancial services sectors.

Staff Continuity

We assign the same staff from year-to-year on recurring engagements. If the promotion of astaff member results in duplicate roles on engagement, we will discuss the options availablefor future staffing. We consider it our responsibility to mitigate any transitional issues thatarise from turnover.

Coordinating Office

The Dubai office, which will directly service the clients and take overall responsibility for allthe services provided. The office has a wide-ranging portfolio of clients and a diverseexperience profile having undertaken numerous sectors audit and advisory assignments.

Importantly, we are able to provide from this office the full range of professional servicesrequired for the assignments.

Address E-Mail Contact Persons

Dubai Office

2403, Al-Attar Centre. Near Dubai

International Financial Centre,Sheikh Zayed Road, DubaiTel: (+971-04) 3589996Fax: (+971-04) 3589966P.O Box: 91153 Dubai

[email protected]

[email protected]

Mashal Al Zarooni

Imtiaz Ul Hassan Javed


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Audit firms in Dubai, Audit firm, Bookkeeping, Business setup, Liquidation