About Us
Welcome To AHMED AL HOSSANI AUDIT BUREAU
Expertise you need. Service you deserve!
Al Hosani Auditing Group was established in 2001 and we have a distinguished team of distinguished accountants, experts, and legal and administrative consultants. We have scientific qualifications and practical experience to enable them to perform their duties and their functions efficiently and accurately and are trained and continuously develop their performance.
Welcome To Ahmed Al Hossani Audit Bureau. Our aim is to help clients accomplish their business and achieve their growth and profitability goals by providing audited financial statements and reports that help them make the right decisions at the right time.
Professional Services & Consulting Business We Provide:
Office Ahmed Al Hosani Accounting Office provides professional services in the fields of accounting, auditing, taxation, and consulting services for a wide range of private sector clients. The knowledge and know-how available to the staff of the office have enabled them to meet all local and international requirements. Companies and institutions engaged in various activities.
Training Courses For The Qualification & Training Of Accountants, Bankers & New Experts:
Preparation of budgets and final accounts. The financial centers are prepared for each financial period in order to follow up the implementation of the company’s policies, the extent to which the objectives are achieved, and the preparation of the budget.
General Manager's Speech:
The world around us is changing dramatically as the means of communication have made the globe at everybody’s hands. This prompt us to develop an ambitious plan to carry out our objectives and initiatives towards reaching leadership in our industry, particularly we live in the United Arab Emirates, which is considered one of the fastest-growing countries in the world in various fields; financial, renewable energy, sustainable energy, encouraging medical tourism investment, moreover optimal exploitation of oil, which God has blessed us with. Thanks to God and our leader's wisdom, the United Arab Emirates has ranked among the world's countries in various fields, such as space, experiencing the Hope Orbiter (Misbar Al-Amal), and the arrival of the UAE's first astronaut Hazaa Al Mansouri into space. Also, we do not forget the UAE's pioneering role for the Covid 19 pandemic concerning the dynamism and effectiveness of government administration and the community engagement in the efforts of the crisis containment, giving the state efficient and effective decision-making urgently and quickly. The UAE has been proactive in supporting the countries affected by this pandemic, not to mention huge areas and expansions within the state. The UAE represents a melting pot for overlapping and coexisting of most countries of the world, and mixing civilizations, cultures, and religions. The state has acted on many laws, some of them have contributed and helped in the state’s economic growth, and others have been put to regulate and define the relations among companies, workers, investors and government’s interests, and so on). Hence Ahmed Al Hosani Accounting and Auditing Office and Ahmed Al Hosani Audit Bureau LLC gained its role.
The foundation has been keen to attract cadres, expertise, and holders of academic certificates from various universities, with the aim of improving accounting, enhancing our clients, and providing ideas and initiatives that help them reach their goals at the level of financial and advisory services.
Al Hosani Auditing Group provides its professional services in the fields of accounting, auditing, taxation, and judicial services of various kinds such as judicial experience, liquidation, and corporate restructuring, due to its real-ground expertise and actual practices that have resulted in achieving many successes. We also provide consultancies to wide segments of clients who belong to the private sector, where the Group’s staff has full know-how and awareness of international accounting and auditing standards, enabling us to keep pace with all the local and international requirements of many companies and institutions engaging in various activities.
Our Fast Facts:
What Is A VAT?
Value Added Tax (or VAT) is an indirect tax. Occasionally you might also see it referred to as a type of general consumption tax. In a country that has a VAT, it is imposed on most supplies of goods and services that are bought and sold. VAT is one of the most common types of consumption tax found around the world. Over 150 countries have implemented VAT (or its equivalent, Goods and Services Tax), including all 29 European Union (EU) members, Canada, New Zealand, Australia, Singapore, and Malaysia. VAT is charged at each step of the ‘supply chain’. Ultimate consumers generally bear the VAT cost while Businesses collect and account for the tax, in a way acting as a tax collector on behalf of the government. A business pays the government the tax that it collects from the customers while it may also receive a refund from the government on tax that it has paid to its suppliers. The net result is that tax receipts to the government reflect the ‘value add’ throughout the supply chain.
What Is An Audit?
An audit is the examination of the financial report of an organization - as presented in the annual report - by someone independent of that organization. The financial report includes a balance sheet, an income statement, a statement of changes in equity, a cash flow statement, and notes comprising a summary of significant accounting policies and other explanatory notes. The purpose of an audit is to form a view on whether the information presented in the financial report, taken as a whole, reflects the financial position of the organization at a given date, for example: Are details of what is owed and what the organization owes properly recorded in the balance sheet? Are profits or losses properly assessed? When examining the financial report, auditors must follow auditing standards which are set by a government body. Once auditors have completed their work, they write an audit report, explaining what they have done and giving an opinion drawn from their work. Generally, all listed companies and limited liability companies are subject to an audit each year. Other organizations may require or request an audit depending on their structure and ownership.
