Accounting Policies and Finance Manuals

An accounting and finance manual sets out how your business records transactions, applies accounting standards and controls its money. Without one, practices vary between staff, knowledge leaves with employees, and auditors spend longer testing inconsistent treatment.

Dawn Consultancy drafts accounting policy manuals and finance procedure manuals for UAE companies, built on IFRS and tailored to your operations. We maintain a tested library of IFRS and IFRS for SMEs policy templates, which we adapt to your business so you receive a practical document rather than a generic one.

What the manual covers

Accounting policies under IFRS or IFRS for SMEs: revenue recognition, inventory, property and equipment, leases, provisions, foreign currency and financial instruments
Chart of accounts with definitions for each account
Month-end and year-end closing procedures and timetables
Authorisation matrix: who can approve payments, contracts, credit notes and journal entries
Treasury and cash management: bank accounts, signatories, petty cash and payments
Procurement to payment and order to cash procedures
Payroll and employee expense procedures
Tax procedures for VAT and Corporate Tax, including record retention
Related-party transactions and transfer pricing documentation

Who needs a finance manual

Growing companies adding finance staff
Groups needing consistent policies across entities
Companies preparing for audit, investment or a bank facility
Businesses implementing new accounting software or ERP
Family businesses formalising governance

Our process

Review your current practices, systems and reporting needs.
Draft policies and procedures using our IFRS templates, tailored to your operations.
Workshop the draft with your management and finance team.
Finalise the manual with flowcharts and forms.
Implement through training and, where needed, system configuration.

Benefits

Consistent accounting treatment and fewer audit adjustments
Clear accountability and stronger controls
Faster onboarding of new finance staff
Records that support Corporate Tax and VAT compliance
Evidence of good governance for banks and investors

Related services

Manuals work best with operational procedures and systems that support them. See our standard operating procedures, accounting software and internal audit services.

Frequently asked questions

What is the difference between an accounting policy manual and a finance procedures manual?

An accounting policy manual explains how transactions are measured and reported under accounting standards. A finance procedures manual explains who does what, when and with what approvals. We usually prepare both as one integrated document.

Which accounting standard should our manual follow?

UAE companies generally report under IFRS, while businesses with revenue of AED 50 million or less may use IFRS for SMEs for Corporate Tax purposes. We draft the manual to the standard that applies to you.

How long does it take to prepare a manual?

A manual for a small or mid-sized company typically takes three to six weeks, including review workshops.

Will the manual be tailored to our business?

Yes. We start from tested templates but adapt every policy and procedure to your activities, systems and structure.

Speak to our team

Tell us about your business, the number of entities and your accounting system, and we will propose a scope and fee.

Call +971 55 441 1036, email info@dawnconsultancy.com or visit us at Office 1509, Citadel Tower, Business Bay. Contact us to arrange a consultation.

Accounting Policies & Finance Manuals in Dubai, UAE | Dawn Consultancy