Outsource Accounting &


We witness the inception of new businesses every day in this age, the majority of them are startups that operate on a modest scale. Any small firm has the advantage of having everything in a compact space, making it possible for one person to handle multiple tasks all by themselves. Accounting and bookkeeping won't be a big burden because the business isn't under a lot of pressure.

Due to the severe penalties and other changes that would result from an accounting error, people do not want to multitask in accounting and bookkeeping. Because of this, small businesses today prefer to hire a specialist in the sector to handle their accounting and bookkeeping. Because it doesn't take long for them, too, there is a high level of accuracy in the accounting and bookkeeping of the company, which is managed and maintained by providers of outsourced accounting & bookkeeping services.

What are the main benefits of outsourcing accounts to a dedicated professional accounting firm?

A few examples of trade facilities are as follows:

  • Efficient in terms of cost for the businesses

    Compared to hiring full-time employees with the same level of expertise, knowledge, and experience, outsourcing accounting and bookkeeping is far less expensive and more accurate.

  • Experienced & professional accountants

    A business gets good service, high-quality results, and accuracy when it outsources its accounting and bookkeeping to a qualified individual, which is essential for any business. In contrast to hiring full-time employees, outsourcing is far more affordable for the expert service and quality, making it difficult for businesses to locate such specialists to hire. Therefore, it only makes sense to select the best expert to manage and handle the business's accounting and bookkeeping.

  • Time is money

    Instead of investing time in accounting, which is easily accessible at a very reasonable cost, outsourcing accounting and bookkeeping helps in effectively utilizing time and energy for the development of business and service. As a result, valuable time and energy can be used for networking, such as obtaining more business and income in addition to customer service.

  • Use of accounting software’s for recording data

    To save time, increase accuracy, and eliminate mistakes brought on by human error, the majority of outsourced accounting businesses employ automated solutions (accounting software’s). The ability to obtain real-time status and reports is another benefit of software and technologies.

How do we conduct our outsource work?

Monthly visits

Monthly visits are suitable for those businesses who have low levels of transactions in a month. In which case a single or double visit is sufficient to set the accounting records in order. In these visits all the accounting entries encompassing sales, purchases, expenses, receivables, payables, taxation, banking, petty cash & all other aspects of accounting are included.

Weekly visits

if a business has a huge amount of transactions then our staff members will pay a visit once or twice a week making all the necessary entries into the client’s accounting software.

In either case we generate reports for our clients from the accounting software & consult them on their financial performance with the help of our performance assessment techniques.

Note: Clients have an option to hire us for accounting on – site (We work at the client’s workplace) or off – site (We work remotely from our workplace).


Oxford Auditing & Accounts offers a wide range of services that can be outsourced by businesses or individuals. Some common accounting tasks that can be outsourced to us include:

  1. Bookkeeping Services: Recording financial transactions, maintaining general ledgers, and reconciling accounts.

  2. Financial Statement Preparation: Preparing income statements, balance sheets, and cash flow statements.

  3. Tax Preparation and Planning: Calculating and filing taxes for businesses and individuals, providing tax planning advice to minimize tax liabilities.

  4. Payroll Processing: Managing employee payroll, calculating wages, taxes, and benefits.

  5. Accounts Payable and Receivable: Handling invoices, payments, and managing customer and vendor accounts.

  6. Audit Support: Conducting financial audits, preparing necessary documentation, and addressing audit queries.

  7. Budgeting and Forecasting: Assisting in creating budgets and financial forecasts for the future.

  8. Regulatory Compliance: Ensuring adherence to accounting standards and regulations relevant to the business.

  9. Advisory Services: Providing financial and strategic advice, helping with financial planning and investment decisions.

  10. Forensic Accounting: Investigating financial discrepancies or fraud within a company.

Outsourced accounting is suitable for both small businesses and larger corporations. It offers cost-effective solutions for small businesses & large businesses, allowing them to access professional accounting services without the expenses of hiring and maintaining an in-house team. Small businesses may lack the resources to hire experienced accounting companies in Dubai with specialized skills, making outsourcing a practical option to tap into the expertise of accounting firms. Outsourcing allows small business owners as well as large business owners to focus on core business operations, marketing, and strategic growth, leaving accounting responsibilities to the experts. Scalability is another advantage, as outsourced accounting services can be adjusted based on the business's specific needs. Compliance, accuracy, reduced administrative burden, technology access, business insights, and risk mitigation are additional benefits that make outsourced accounting a suitable option for both small businesses and larger corporations.