Abdulla AL Mulla Auditing and Accounting

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Abdulla AL Mulla Auditing and Accounting
Area served Accounting
Services Audit & Assurance, Accounting & Bookkeeping Service, VAT Consultancy, Payroll Process & Management, Accounting Softwares, Legal services, Corporate consultancy
Employees 11-50 employees
Website https://www.amaudit.ae/

Abdulla AL Mulla Auditing and Accounting (founded 2016) is an auditing and accounting firm that has been offering effective, value-adding, and top-notch auditing, accounting, and business consulting services.

The clients consist largely of large enterprises and SMEs carrying out their businesses across the globe. Over the years, they have been able to carve a niche out for impeccable services offering reliable and timely support to clients unfailingly.[1]

History

In 2016 Abdulla Al Mulla founded Abdulla AL Mulla Auditing and Accounting, he was qualified by the Ministry of Economy as an approved auditor with Reg No: 942. He then spent two years practicing and creating a brand identity, logo, website of quality standard.

In 2018 March Abdulla opened a professional license under the economy of Abu Dhabi ( Abdulla Al Mulla Auditing & Accounting ) with his first employee Mr. Sohaib Basaharat.

In 2019 January, a new branch opened in Dubai under trade license No: 824923- Abdulla Al Mulla Auditing of Accounts with Mr. Aneez Mohammed.S as operation Manager. Mr. Jasem Al Mulla Joined as Senior Auditor in April 2019.[2]

In October 2019 Mr. Lokesh Popuri joined the team as Business Development Manager & Mr. Noufal 00 as Business Development Executive. DAFZA listed the company as an approved auditor that same year.

In 2020 January Mr. Abu Madayan Wedaatalla Muhammed Yousif Joined the team as TAX Agent and in 2020 March, the company was listed as an approved TAX Agency from Federal Tax Authority with TAN 30000301.

As of August 2020, Commercial Bank empaneled the company as approved auditors in the bank. In 2021 February, DMCC listed the organization as an approved auditor. Additionally, JAFZA also listed them as approved auditors. At the end of 2021, the company reached a total of Employees of 20 in the United Arab Emirates with the Dubai & Abu Dhabi Branch.

In 2022 January, RAKEZ listed the company as an approved auditor, Miss Jaseela PM also joined our team as Digital Marketing Specialist. The Dubai Islamic Bank empaneled the company as an approved auditor in February 2022 and Mr. Rawaf Warda joined the team as Digital Marketing Specialist in March 2022.

Overview

Abdulla AL Mulla Auditing and Accounting aim to become one of the most reliable, responsible and preferred names in the field of auditing, accounting, and business consultancy services to clients in the preferred markets at affordable service rates, matchless quality, and with quantifiable results.

At AM Audit, the needs and preferences of clients come first and they are supported just like any internal team would. Since the team consists of experienced, qualified, and insightful professionals with extensive knowledge of the field and diverse auditing, accounting, and business consulting services, clients often get exceptional service support at AM Audit.[3]

About the Founder

Abdulla Al Mulla is the Chief Executive Officer of Abdulla Al Mulla Auditing of Accounts, he is a General Manager with a demonstrated history of working in the government relations industry.

He is skilled in Internal Audit, Corporate Finance, Strategic Planning, Capital Markets and he is a strong accounting professional. He obtained his Bachelor of Business Administration (BBA) focused in Accounting from United Arab Emirates University.

Services

Audit

  • Internal Audit provides an independent, objective assurance and consulting to add value and improve the organization's operations.
  • External Audit investigates and analysis a business's financial state, and an audit firm that is not affiliated with the company performs it.
  • Compliance Audit is conducting a statutory audit that will helps ascertain and understand the correctness of the financial records and statements of the organization.
  • Information System Audit - Any business carrying out an audit on the technology systems and infrastructure they use to support their business operations is essential.
  • VAT Audit
    • Conducting a VAT Audit in UAE is essential to ensure that a business complies with the legal requirements of VAT in UAE.
  • Statutory Audit
    • A legal procedure, a statutory audit helps ascertain and understand the correctness of the financial records and statements of an organization.

Since all government departments and organizations need to report their performance, it is mandatory that they must conduct statutory audits from time to time.

  • Due Diligence Report
    • Due diligence auditing is carried to appraise the financial performance of a business via a series of assessments.

Since the auditing can provide deeper insights into the earning capabilities of another business, the competency of its management, its potential customers, and its suppliers, a clear picture of the overall financial stature of the company can be had by a client.

Accounting

  • Financial Accounting Services
    • Financial Accounting is concerned with the summary, analysis, and reporting of financial transactions related to business.

It requires the filing of freely available financial statements.

  • Cost Accounting Services
    • Cost accounting is a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and detail of your company
  • Management Accounting Services - Management accounting or managerial accounting is to educate better before resolving matters within the organization, which assists administration and performance of control functions.[4]
  • VAT Accounting Services
    • There are diverse types of Value Added Tax that a business needs to take care of while conducting their business.

No matter if they sell services or products, they need to ensure that both input and output VAT is timely registered and filed. Failing to comply with a variety of VAT provisions can attract legal consequences and penalties from government bodies.

  • Forensic Accounting Services
    • Forensic accounting, forensic accountancy, or financial forensics defines obligations resulting from real or expected conflicts or litigation.
  • Accounting Software
    • Accounting software records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, journal, general ledger, payroll, and trial balance.
  • Inventory Control Service
    • Inventory control or stock control is the activity of checking a company’s stock.

Inventory control practices and policies should apply to more than just finished and raw goods.

  • Payroll Services
    • AM Audit can provide complete payroll management and processing service.
  • IFRS Implementation
    • International Financial Reporting Standards are accounting standards issued by the IFRS Foundation and the International Accounting Standards Board.

Corporate Tax

  • Foreign Account Tax Compliance Act
  • Common Reporting Standard

Excise Tax

  • Stockpile Audit
  • Excise Tax Registration
  • Excise Return Filing
  • Excise Declaration
  • Excise Tax De-Registration

VAT

  • VAT Registration & Deregistration
  • VAT Implementation & Compliance
  • VAT Return Filling
  • VAT Advisory
  • VAT Training
  • VAT Documentation.
  • VAT Tax Agent
  • UAE Nationals VAT Refund
  • Tax Residency Certificate
  • VAT Health Check
  • VAT Voluntary Disclosure Filing
  • VAT Refund Application
  • VAT Penalty Reconsideration Application

Consulting

  • Business Consulting Services
  • LLC Business Formation
  • Mainland Business Formation
  • MNC Branch Registration
  • Offshore Business Formation
  • Public Relations Officer Services
  • Startup Plans in Dubai
  • UAE Freezone Business Set-up
  • UAE National Local Sponsor
  • Payroll Process & Management

Legal

  • Forensic Accounting & Fraud investigating
  • Liquidation & Bankruptcy
  • Bookkeeping Service
  • Family Business Service
  • Govt Compliance
  • VAT Services
  • Audit Firms
  • Accounting and Book-Keeping Services

Social Accounts

References