Some companies might not maintain proper books of accounts especially for start-ups company in the Small & Medium Enterprises. As per article 26 of Federal Law no. 2 of 2015 on Commercial Companies, every company should maintain proper accounting records containing all the real information about the company’s financial transactions. The records should be available to provide the current financial position of the company to the shareholders and should be easily verified under the law. Maintaining accurate books of accounts with all the supporting documents is very essential for proper control and management of the business operations.
Allow us to provide your esteemed company our professional accounting services to reduce the chances of errors and fraud.