Welcome to Asset Accounting

We are the Best Accounting Agency

Low Cost Accounting Service Provider

We are Low Cost Accounting Service Provider in UAE and Cost Controlling Experts for all small/medium types of business, Specialized in Hospitals/ Medical Centers.

High quality services

While concentrating on your core business, financial record keeping can easily become overwhelming. Out of date or poorly prepared records can actually hinder the growth of your business! Asset Accounting and Bookkeeping solves this problem by offering high quality services to the busy business owner.

Complete management services

We aim to provide complete management services allowing business owners to not only save money over in-house and also to make valuable management decisions from their numbers

Approved by the Ministry of Economy

We are approved by the Ministry of Economy, United Arab Emirates, and Licensed by Department of Economic Development, Abu Dhabi.

OUR VISION

Accounting outsourcing at Asset Accounting and Bookkeeping is intended to assist our clients in reaching their objectives by helping them better understand their finances to help drive more profits to the bottom- line and enable firms to grow their business without having to grow their staff infrastructure. We study the problems you are facing and give periodic advice to bring your cost down thus enable you to save more money to have more profitable business. We also aim to support the Health sector entities in handling their claims in an organized/timely manner in accordance and in line with Insurance companies/Health Authority guidelines and applicable laws.

Our Services

ACCOUNTING & FINANCIAL SERVICES

Providing financial information to our clients in a timely and accurate manner is commitment that we feel cannot be compromised. Our firm with qualified and expertized accountants provides a full range of accounting service and support which includes:

  • Book Keeping Services (Part time & Full time)
  • Financial statement preparation and analysis
  • Cash management and cash flow projections
  • General ledger account reconciliations and maintenance
  • Budgeting and budget performance reporting
  • Training and supervising the existing accountants.
  • Bank reconciliations
  • Managing payables & receivables.
  • Inventory analysis
  • Updating of Backlog Accounts
  • Vat Consultancy

CFO SERVICES

An entrepreneur managing a growing business needs a strategic partner to lead & manage the financial aspects of the business. As part time CFO we support company management in administrative, financial, and risk management operations of the company. Our services include the development of a financial and operational strategy, Designing, implementing & monitoring internal control mechanism to preserve company assets. We ensure timely reporting of financial results and analytical review of the same for operational efficiency. Summary of various services offered by us is briefed here below:

  • Assist in formulating the company’s long-term plan, future direction and supporting tactical initiatives
  • Implementation of strategic business plans & monitoring the progress
  • Helping Budgeting process & Manage the capital request
  • Participate in key decisions as a member of the executive management team
  • Assisting company management in business valuation, due diligence and negotiations during acquisitions
  • Providing feasibility study report.
  • Ensuring issuance of accurate financial information to company management
  • Reporting financial results to the board of directors with analysis

REVENUE CYCLE MANAGEMENT (PROVIDING EXPERIENCED CODERS ON SITE AND OFF SITE)

  • Claim submission/Resubmission/Billing.
  • Insurance follow up with collection team
  • Quick response to denials and increasing collection percentage
  • Analysis & recovery of old outstanding’s
  • Assure to give 80% resubmission revenue
  • Daily reporting system
  • Payer wise/Doctor wise submission report.
  • Denial summery payer wise/doctor wise/department wise
  • Year/month wise reports for both submission/resubmission
  • Reception training for billing and insurance
  • Medical staff training for documentations as per TASNEEF/JDA
  • Doctors Documentation Training as per TASNEEF/JDA
  • Complete documentation support for TASNEEF
  • TASNEEF audit representation
  • ICD training for required staff
  • Certificate issues for trained staff
  • In-house coder support available as per request
  • Updating new guidelines time to time
  • Resubmission and documentation training provided by Doctors with experience in U.A.E coding system

PAYROLL SERVICES

Management of payroll can become complex if not properly handled since a salary involves several perquisites and benefits instead of only wage calculation for example leave, vacation expense, insurance, medical benefits etc. In order to simplify the process and divert your main focus to growth of the business instead of wasting time on research of laws and regulations regarding salaries and wages, hire one of the best payroll management service available at Asset Accounting & Consultancy services. Our Services Includes:

  • Employee Database Management: - All the employee information and data will be uploaded in the system accurately. Separate employee files will be created and regular information updates will be performed.
  • Leave management – We will do the leave balance calculation for you which might get complicated at times. The leave application by the employees and the approval workflow will also be managed by our team
  • Payroll processing – We will manage the pay cycle as well as reconcile the current pay with the previous month’s pay. The payroll processing includes calculation of regular pay, vacation pay and the full and final settlement. Before finalizing the payroll, our team will ensure that you review it and approve it for further procedures.
  • Salary disbursal – We will use the Wage Protection System (WPS) to generate the employee file as well as the pay slip. The employees will be paid on your behalf automatically through the WPS on time.
  • Accruals and provisioning – Other benefits like tickets for official trips, vacation expenses and end of term benefits will be managed by our dedicated team so that neither you nor the employee have to face any complications regarding it.


AUDIT & ASSURANCE SERVICES

Audit is a detailed examination of Financial Statements with an eventual objective to provide an opinion, whether it represents a true and fair picture of the company. We assist our clients with an in-depth analysis of their operations and advise them on critical risk areas and possible opportunities for improvement. With our integrated approach to internal audit, we help them to boost performance and add value to their operations.

CONSULTANCY SERVICES FOR HOSPITALS/MEDICAL CENTERS


      WE PROVIDE YOU STAFF:

  • Hourly, daily, weekly and monthly basis

Clients

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