Income statement
A properly structured statement of profit or loss showing revenue, cost of sales, operating expenses, and your bottom line for the period.
IFRS reporting · UAE
Financial statement preparation, to IFRS standard
A complete IFRS set — income statement, balance sheet, cash-flow statement, and notes — prepared from reconciled books and ready for your audit, Corporate Tax, and stakeholders.
What your statements include
A full IFRS set, prepared properly and ready to rely on.
Balance sheet
A statement of financial position setting out assets, liabilities, and equity at period end — a clear snapshot of what you own and owe.
Cash-flow statement
Cash movements across operating, investing, and financing activities, so you can see how cash actually moved, not just accounting profit.
Notes to the accounts
Supporting notes and accounting policies that explain the figures and give the statements the context readers and auditors expect.
IFRS-compliant presentation
Statements prepared and presented under International Financial Reporting Standards, the basis used across the UAE.
Audit- & tax-ready output
Statements built from reconciled books, ready to support your audit, Corporate Tax computation, and stakeholder reporting.
From ledger to statements, in four steps
A disciplined process that produces reliable, audit-ready accounts.
01
Review the ledger
We start from your books, checking that balances are complete and reconciled before anything is drawn up.
02
Adjust & close
We post period-end adjustments — accruals, prepayments, depreciation — so the accounts reflect the true position.
03
Prepare the statements
We compile the income statement, balance sheet, cash-flow statement, and notes under IFRS.
04
Review & deliver
We walk you through the statements, explain the key figures, and deliver a set ready for audit, tax, and stakeholders.
Why UAE businesses trust our statements
Statements are only as good as the books behind them. Because we prepare them from reconciled records with proper period-end adjustments, they hold up to scrutiny — from your auditor, the FTA, or your bank.
Preparation pairs naturally with audit support and clean accounting services. For the detail on the standard, see IFRS financial statements.
- Full IFRS set: income statement, balance sheet, cash flow, and notes
- Built from reconciled books, not rushed at year end
- Ready to support audit and Corporate Tax computation
- Clear presentation your bank and stakeholders can rely on
- Software + specialists: automation with human review
- One partner for bookkeeping, statements, and tax
Financial statement questions, answered
The essentials on IFRS statements and how we prepare them.
What are financial statements?
Financial statements are the formal reports that summarise your business’s financial performance and position. A full set under IFRS includes the income statement (profit or loss), the balance sheet (statement of financial position), the cash-flow statement, and the notes to the accounts. Together they show how the business performed and what it owns and owes.
Why do UAE businesses need proper financial statements?
Financial statements underpin several obligations at once: they support your Corporate Tax computation, provide the basis for an audit where one is required, and give banks, investors, and partners a credible view of the business. Preparing them properly under IFRS from reconciled books avoids problems later in the year.
Do you prepare statements under IFRS?
Yes. We prepare and present financial statements under International Financial Reporting Standards, the framework used across the UAE. This covers the correct structure of each statement, appropriate accounting policies, and the notes that explain the figures.
What is the difference between statements and bookkeeping?
Bookkeeping is the ongoing recording of transactions that keeps your ledger accurate. Financial statement preparation takes that reconciled ledger, applies period-end adjustments, and compiles it into the formal IFRS reports. Clean bookkeeping is the input; well-prepared statements are the output.
Are these statements ready for audit?
Yes. Because we build them from reconciled records with supporting notes and schedules, the statements are ready to hand to an auditor. If your business is undergoing an audit, we can also provide audit support to keep the process smooth.
Enquire
Talk to a UAE financial reporting specialist
Tell us about your business and your year end, and we'll prepare a full IFRS set ready for audit, tax, and your stakeholders.