First Dubai entity to conform to benchmark set by global accounting standards

The Roads and Transport Authority (RTA) in Dubai has become the first government entity in the emirate to release audited financial statements conforming to standards set by International Accountants.

Ahmad Al Kaabi, executive director of finance in the corporate administrative support services sector of the RTA said: “The system improves the transparency of our reports and facilitates the issuance of consolidated financial statements across Dubai Government.

“RTA’s Department of Finance is keen to adopt top international standards in all operational processes. It also enabled RTA to automate 30 procedures in various sections including budget, accounts, financial audit, treasury, revenues, costs, financial studies and collection, which has cut the number of visiting clients.

Professional Audit Firms in Dubai

Alya Almarzooqi Auditing is a dynamic & innovative medium sized firm (leading chartered accountants firm) lead by a team of professionals and  with a staff compliment of more than 15 , listed in DMCC with the head office at Business Bay and a branch at SAIF. A network of national offices provides clients with value-added services focused on business improvement and growth within specialist sectors.

Alya Almarzooqi’s diversity of professional skills, resources and experience can be leveraged across a wide range of client engagement situations.

Courtesy to Gulf News 

Recommended Posts

No comment yet, add your voice below!


Add a Comment

Your email address will not be published. Required fields are marked *