Group accounting across the UK and UAE

Overview

One group financial picture, consolidations, common chart of accounts, reporting calendars, dashboards and tax provision coordination.

What we help with

• Consolidations
• Intercompany reconciliation
• Common chart of accounts
• Multi-currency reporting
• Reporting calendars
• Management packs
• Dashboards
• Group budgets
• Tax provision coordination

Common situations we address

• UK parent consolidating UAE sub with different year-end or accounting policies
• Intercompany profit in inventory not eliminated on consolidation
• Multi-currency translation producing unexplained OCI movements
• Group management pack delayed because UAE close finishes late
• CT provision in consolidation not matching UAE CT computation
• Investor requiring IFRS-style group accounts from UK and UAE components

Our approach

Group accounting delivers one financial picture across UK and UAE entities. We harmonise chart of accounts, reporting calendars and close processes, perform consolidations and intercompany eliminations, and coordinate tax provisions with advisers in both jurisdictions.

Typical deliverables

• Group consolidation model
• Common chart of accounts mapping
• Intercompany reconciliation and elimination workings
• Multi-currency translation and policy memo
• Monthly group management pack
• Tax provision coordination schedule

Reporting components

• Entity-level statutory and management accounts
• Consolidation adjustments and eliminations
• Segment and geographic revenue analysis
• Group cash and intercompany netting summary