Because some companies have international operations, they follow IFRS or International Financial Reporting Standards to bring about an element of uniformity. A&A Associate LLC is one of the leading auditing services in Dubai . We are also approved auditors for freezones. Although an annual audit is not mandatory in free zones, some free zones require companies established there to undergo an audit every three years. Irrespective of whether yours is a multinational organization or a small business, it is important to keep track of all your financial transactions. This is precisely what accounting seeks to accomplish. It can also provide you with an insight into your company’s performance. For instance, if you pay your suppliers on time, this can encourage them to be prompt with their services. This in turn leads to increased efficiencies across your company. Read more