Which is the Best Accounting Firm in Dubai?

One of the most significant components of doing or conducting business globally is auditing. It assures you that you are working with trustworthy businesses and companies and provides the assurance to potential partners that you are a worthy partner whom they can trust and do business with.
The United Arab Emirates, or UAE as commonly acknowledged, is well-known for being a thriving core commercial hub where people come together to trade services and goods. Participants from all over the globe perceive it to be a fair, comfortable, and successful business venue due to the UAE’s strict financial regulations, which level the playing field for all participants. Businesses in the UAE must have their accounts audited and maintain good financial controls, which is one of the most important regulatory requirements. To meet that demand, Dubai offers a diverse range of internationally accredited auditing firms, and selecting a partner based on “brand recognition” is a common strategy—and frequently the wrong one.
The central point of discussion in this article is the top accounting firms in Dubai, which are some of the common names on a global level. And this would include:

1. Deloitte – Large and publicly traded corporations are best suited, with a high audit charge and a highly qualified audit team.
2. Kanakkupillai is best suited for small entities and SMEs that require attention at an affordable cost without compromising the quality of the service.
3. EY or Ernst & Young— Large and publicly traded corporations with a high audit charge and a highly qualified audit team are best suited.
4. PWC or Price Waterhouse Coopers—Large and publicly traded corporations with a high audit charge and a highly qualified audit team are best suited.
5. KPMG or Klynveld Peat Marwick Goerdeler—Large and publicly traded corporations with a high audit charge and a highly qualified audit team are best suited.
6. BDO (Binder Dijker Otte): Large and publicly traded corporations with a high audit charge and a highly qualified audit team are best suited.
7. HLB Hamt – Large corporations or entities and SMEs, which are Small and Medium Enterprises, are best suited, with a high audit charge and a highly qualified audit team.
8. Grant Thornton – Large corporations or entities and SME, which are Small and Medium Enterprises, are best suited, with a high audit charge and a highly qualified audit team.
9. Baker Tilly – Large corporations or entities and  SMEs, which are Small and Medium Enterprises, are best suited, with a high audit charge and a highly qualified audit team.
10. Crowe—Large corporations or entities and SMEs, which are Small and Medium Enterprises, are best suited, with a high audit charge and a highly qualified audit team.
11. RSM – Large corporations or entities and SMEs, which are Small and Medium Enterprises, are best suited, with a high audit charge and a highly qualified audit team. Those mentioned above are some of the branded names in the accounting industry in Dubai. However, what makes them reputed and branded as one of the top names in the accounting industry in Dubai is a point of discussion. Below, provided would be specific insight into the same:

1. Deloitte

Deloitte, a well-known auditing firm in Dubai and internationally, provides dependable audit, tax, risk management, and financial advising services. It is one of the “Big”” ac” ounting co “pan”” s a” d a major recruiter of economic experts. Their current workforce is estimated to be over 2,00,000 individuals. They have extensive worldwide expertise in auditing multinational corporations. They’re dependable, they have a global reputation for reliability, operate in almost 100 countries, and earn more than $50 billion in annual sales.

2. Kanakkupillai –

A virtual accounting partner with more than 10 years of experience in one of the biggest markets in India, Kanakkupillai is another name among the best accounting firms in Dubai, which you can use to meet all your accounting and auditing-related concerns. The company, with some of the finest in-house experts and experience, would help you serve your purpose without any hindrance that these big names in the country would likely cause.

3. EY or Ernst & Young

Then there’s EY, which has extensive worldwide experience. It provides audit assurance, taxes, consulting, and transaction services. Client respect, professionalism, and job ethics are highly valued at EY. Its workforce consists of people from many origins and cultures who respect honesty and hard work, making them dependable and trustworthy. It operates in several countries, so it’s no wonder that its revenue is assessed at a billion.

4. PWC or Price Waterhouse Coopers

Top of the list, with operations in over 100 countries, it assists all types of organisations in attaining growth and producing value. They offer high-quality advising, tax, and assurance services. Their reputation instills confidence in banking communities throughout the world, allowing any partner interested in your services and goods to accept your accounts and audited financials. They work with 84 percent of the Fortune 500 firms in the world, as well as over 100,000 small and medium-sized organisations. PwC’s yearly gross revenue exceeds US$40 billion.

5. KPMG or Klynveld Peat Marwick Goerdeler –

KPMG is another reputable and trustworthy auditing firm with a strong brand image. It administers audits, local and international taxation, assurance, consultation, and advisory services in more than 150 countries and delivers high-quality services. All of the standard services you require may be found under one roof, saving you time and money. Clients provide them with more than $30 billion in annual income. It has been functioning since 1987 and thereby can be said to have all the years of experience and legacy.

6. BDO (Binder Dijker Otte) –

While assisting customers with worldwide business, they earn more than $10 billion every year from their client accounts. They want to give their clients a flexible and proactive strategy that will help them overcome any challenges they may confront in the business arena in which they operate. BDO has offices on every continent, allowing it to assist its clients in conducting business worldwide in 165 countries. They guarantee their consumers a positive professional experience.

7. HLB Hamt –

Another accounting entity in Dubai, which is renowned in the country, has opted for many prominent business brands to operate in the country. They provide their clients with various services ranging from accounting to auditing, business consultancy, management consultancy, tax compliance, and even technology consulting. With its international parent being HLB International, the company’s presence is across 150 countries, and the company’s firms collectively employ more than 25,000 people across its offices, which number more than 1,000 in total. The company also earns more than $4 billion in revenue each year.

8. Grant Thornton –

GT, which is Grant Thornton, has a strong reputation among business clients for providing high-quality tax, auditing, and professional accounting services. The business has handled customers from a variety of sectors and can provide tailored services to meet each client’s demands. The clients earn $3 billion in client revenue each year.             

9. Baker Tilly –

This company is ranked tenth on this list. It’s a well-known acting business firm with a solid international reputation. They teach their clients how to plan for the future while staying in control of the present. They serve a vast clientele and provide a tailored assurance, auditing, tax, and advising service experience. They have 148 sites worldwide. In 2019, their annual revenue surpassed $3 billion.

10. Crowe –

Crowe is one of the top ten largest accounting companies in the world. It has 220 active offices in 130 countries. This business is proud of its customer list, which includes several significant and well-known companies. It goes above and beyond to guarantee that its customers are satisfied. Crowe has a revenue of more than $4 billion.

11. RSM –

The next firm is RSM Chartered Accountants, which specialises in taxation, consulting, and audits. RSM offers these services in approximately 120 countries, indicating that it is well-versed in cross-border transactions. It has extensive experience and provides high-quality services. Its varied and increasing customer base demonstrates that it is capable of working on almost any audit project. RSM employs more than 500-800 people worldwide and makes above $6 billion in revenue.
So, we can now conclude that these are some of the best accounting firms in Dubai, with some of the country’s most prominent names on their client list. With a wealth of experience and an ample client list, these are the best accounting firms in Dubai, serving even more clients not just in Dubai but also globally across various countries.
But, when it comes to a small business or a business which needs utmost attention in getting done with the accounting functions that involves sensitive information and the planning of the same, your duty as a business owner or founder would be to select an accounting firm that has a significant influence on your organization and certifies that your funds are appropriately managed, since this may make or destroy your company. One of the finest things you can do to safeguard and promote your organization is to hire a dependable, competent, and renowned auditing agenHowever. Still, one central point to be concerned about here would be that such an accounting entity should providewith the service at a lower cand ost with lower compleity, and help us simplify the process.
Hence, selecting an accounting entity or company is a crucial responsibility that should be approached with caution. You should use an accounting or auditing firm that adds value to your company by discovering wrongdoings, personnel flaws, and internal control flaws. Most crucially, you require a business that makes recommendations for resolving the problems found during the audit.
Overall, our unexpectedly affordable business, Kanakkupillai, the Virtual Accounting Partner, located in the centre of the pack, appears to be the best option.
Call us today to speak with one of our account specialists! Put a top-rated accounting firm with a stellar reputation and experience to work for you right now.