Provat Corporates is a top provider of business formation and financial services in the UAE. Our skilled staff provides a variety of services, including Business establishment, Compliance, Accounting, Taxation, and more.
Dubai, UAE
Our experienced Backlog Accounting & Bookkeeping services will help you catch up on overdue financial records and ensure compliance. At Provat Corporates, we assist businesses of all sizes with organising their financial records, streamlining their reporting, and meeting UAE regulatory requirements.
Backlog accounting is the reconstruction of financial records from previous months or years that were either not kept or were documented incorrectly. Many startups, SMEs, and even existing organisations may lag behind due to resource limits or quick expansion.
Clearing backlog accounts on time enables correct financial reporting, tax filing, audit preparation, and compliance with UAE laws, particularly with VAT and corporate tax requirements in place. Failure to keep accurate books can lead to penalties, mismanagement, and poor decision-making.
Our licensed accountants and financial professionals analyse your previous financial data and accurately recreate your accounts. We gather the relevant documents, reconcile your bank statements, and create correct records such as profit and loss statements, balance sheets, and general ledgers.
