Owners Association / Strata Auditing
Owner’s Association & Strata Auditing in UAE
The company of owners of a subdivision or condo or unit is referred to as Owners Association. Their activity is to keep and keep the homes and houses given to them, handling and administering them in behalf of the owners. They are those which are effectively imparting services, implementing fines, making sure security, implementing regulations and regulations, and attractive with authorities.
Serving as one of the most suitable auditors for proprietors affiliation in Dubai, the offerings that we’re supplying have the scope of audit paintings this is designed to make sure that A purchaser is in compliance with RERA (Real Estate Regulation Authority) rules, regulations, and necessities and to make certain that the monetary statements, in all fabric aspects, constitute a honest record of the Owners Association assets and liabilities, equity, financial position, and results of operation for the given year in accordance with accepted accounting principles and relevant legislation in the United Arab Emirates (UAE).
Top Auditors for Owners Association in Dubai, UAE
Top Auditors for Owners Association in Dubai, UAE With more than 10 years of experience in our hands, our excellent service extends to Owners Association and Strata Auditing in Dubai. We do now no longer take gently the compliance that we must all have with the guidelines of the land. We will make sure that each one the necessities which can be said with inside the regulation are met via way of means of you. Read More
Being one of the excellent auditors for Owners Association in Dubai, we provide cost to our customers as we also are one of the pinnacle auditing companies in Dubai, taking Care of undertaking improvement audits of businessmen as well. We make certain which you benefit the blessings of an audit whilst operating with us with the aid of using letting us offer you with nice service. The accountants that paintings with the auditors also are those coping with the session and processing of VAT in UAE offerings that we offer. These identical humans control the wishes of companies in relation to bookkeeping and accounting offerings and our payroll and HR answers that we provide for organizations that need their HR duties to be handled. We are also willing to provide you with more services that we offer, such as trademark registration in Dubai and its renewal, the winding-up of a firm or de-registration Of corporation whilst needed, and searching into documents, and sports of your corporation to find out fraud as we’re an authorized fraud examiner as well. When we evaluate your economic affairs, we ensure that each one economic reviews or statistics are materially accurate with a view to come up with peace of mind. Our skilled Certified Public Accountants (CPA) will scrutinize your economic data to guarantee you that you may simply make selections primarily based totally on them. We keep in excessive regard to usually paintings cooperatively with our customers for them to peer and apprehend the manner as well. In order to shield the accuracy, fairness, and completeness of the economic reports, we can paintings carefully with the strata manager. Our experts on this area will take their know-how and know-how in accounting to every other stage to in addition help our clients. When we have interaction with you, the proprietors or strata managers who’ve plenty of duties to stand will now no longer be reluctant to address them considering the fact that we will reduce or even eradicate the risks or errors. The prison topics which might be had to be treated could be taken out of your hands. All the information and files which are had to be prepared may be our obligation as nicely to make certain their accuracy and correctness. We had been doing strata auditing in Dubai and in addition to with inside the neighboring Emirates, and we’ve got treated loads of customers before, guiding them with the step by step technique and assisting them in regards to their Owners Association and strata needs. With the usage of strata auditing, we gift our customers with designated insights of enterprise eventualities with affecting elements and marketplace trends.
What's the benefits of Strata Auditing?
- Compliance with RERA (Real Estate Regulation Authority) and Land Department guidelines and requirements
- Legalization of employer accounting books and monetary statements
- Annual audit report for the associations
- Implementation of a company-accepted accounting system & internal controls
- Accurate financial and accounting reporting
Services Offered by us for Strata Auditing & Owners’ Associations
We, SK Financial Services offers a variety of services with our extensive experience and knowledge in this field. We conduct revision/audit, which covers the following:
- Service price quantity obtained from Master Community, if any
- Service expenses acquired from Building Administration, if any
- Other received amount and other revenues, if any
- Cleaning Contract
- Cradle Contract
- Generator Maintenance Contract
- Management Fees
- Pest Control
- Security Guard/Life Guard Contract
- Utility—Chilled Water
- Utility—Water and Sewerage
- Floral Contract
- Sundry Expenses
- Consultancy Fee
- Furniture and Fittings
- Club House Services
- Fire Protection Contract
- Lift Maintenance Contract
- MEP Contract
- Service Charge Master Community
- Swimming Pool
- Utility—Electricity
- Waste Management Contract
- General Repairs and Maintenance
- Insurance
- Bank Charges
- Painting and Surface Finishes
- Making budget of owner's association.
- Sources, cash flow statements, income statement, balance sheet and usage of fund