Year End Accounts Closing

Year end accounts closing is the process of finalising your books at the end of each financial year so your records are accurate, complete and ready for tax filing, audit and management review. For UAE businesses, a clean year end close is the foundation of Corporate Tax and VAT compliance, reliable financial statements and confident decision-making.

Whether you are a free zone company, a mainland LLC or a growing SME, ADS Auditors closes your year end properly — reconciling every account, finalising your financials and handing you records that are fully audit-ready.

What is included

• Reconciliation of bank, cash, receivable and payable accounts
• Review and posting of accruals, prepayments and provisions
• Fixed asset register updates and depreciation calculations
• Closing journal entries and ledger finalisation
• Preparation of year end financial statements (balance sheet, profit and loss, cash flow)
• Audit-ready schedules and supporting documentation

How it works

We follow a clear, structured process so nothing is missed and your deadlines are met:

1. Review and assessment — we examine your current books and identify open items, gaps and corrections.
2. Reconciliation and adjustments — we reconcile every control account and post the necessary closing entries.
3. Finalisation — we lock the period and prepare your year end financial statements.
4. Handover — we deliver clean records and schedules ready for tax filing and external audit.

Who needs year end accounts closing

Every UAE business that maintains accounts needs a proper year end close. It is especially important if you are:

• Preparing to file your Corporate Tax return and need an accurate taxable-income base
• Required to undergo a statutory, free zone or external audit
• Reporting to banks, investors, shareholders or a parent company
• Catching up on a backlog or moving accounting providers

A disciplined close keeps your numbers reliable all year and removes the last-minute pressure many businesses face at financial year end.

Why choose ADS Auditors

As an FTA-registered tax, audit and accounting firm based in the UAE, ADS Auditors closes your year end with the same standards we apply to audit and Corporate Tax work. Our specialists understand exactly what auditors and the Federal Tax Authority expect, so your financial statements stand up to scrutiny. We work to your deadlines, keep your records audit-ready throughout the year, and give you a single point of contact who knows your business.