Accounting System Analysis

  1. Home
  2. Accounting System Analysis

Analyzing and maintaining a proper accounting system is crucial for every organization to create steadfast business decisions to increase business productivity while reducing the cost. TAFC accounting system analysis in Dubai, UAE helps you to formulate a well-defined database of your financial accounts and overall business transactions that are essential to make up-to-date business decisions as well as financial restructuring.

Analysis of Accounting System

Accounting is the process of the calculation, processing, and statement of financial and non-financial information about businesses. TAFC helps the business owner to make actual business decisions to increase productivity, cost savings and provides data about business tasks. TAFC creates precise data and financial accounts that are indispensable to make up-to-date business decisions.

The purpose of an accounting system is to help increase output, cost savings and to provide better information to make decisions to run your business. Making decisions will be a guessing game if you do not have a better accounting system.

As part of the accounting system analysis service, the TAFC team evaluates your business requirements and design an accounting system that suits you the most for your business.

TAFC offers the following steps to serve you in this process: -

1. Analyse your business needs

TAFC makes an outline of your business and goes for a thorough analysis of your business.

TAFC analyses the following areas of your business in this process:
The size of your business
Specification of the industry
Running accounting processes
Reporting
Cost

2. Organise and design the system

After analysing the business needs, TAFC helps you choose the best suitable accounting system that supports your exact business needs.
Once the system is selected, TAFC will design a list of accounts, vendors, and projects to provide effective and real operations and reporting.
TAFC then documents our design stratagem and structure set-up procedures.

    3. Provides accounting expertise

  • TAFC provides all the proficiency necessary to help you change to the new system and integrate it and processes your existing system or manual processes.
  • TAFC will assist your accounting staff to operate the new system
  • TAFC also makes it clear that the staffs understand the new processes and procedures.
  • Finally, TAFC develops credentials to support internal controls.