Zubair Associates & Co Chartered Accountants

Project Initiation

Date 22/02/2008

Name of the company: Zubair Associates & Co Chartered Accountants

(ZAC)

Objective

The objective of this project is to establish a professional services firm providing the following services.

• Accountancy and Book Keeping Services.

• Auditing.

Our Vision: To be the UAE’s best consultancy services company and to be recognized as the best.

Our Mission: To serve our customers, employees, owners and society by providing a broad range of professional services and products.

To achieve our Mission: We will develop innovative accounting and financial services which meet the needs of our customers and contribute to their success

We will foster an environment which stimulates professional excellence and encourages contribution by all employees.

We will provide our shareholders a fair return on their investment.

We will demonstrate good corporate citizenship through the ethical conduct of our business.

Our Shared Values:

• Integrity, Honesty and Ethical Behavior

• Commitment to Quality and Customer Satisfaction

• Dedication to Service and Personal Responsiveness

• Professional Excellence and High Performance

• Innovation, Creativity and Open-Mindedness

• Employee Participation, Contribution and Teamwork

• Diversity, Individual Dignity and Mutual Respect

• Growth, Profitability and Industry Leadership

Overview

Audit

Overview

An independent audit of financial statements is one of the foundations for the effective operation of the capital markets. Audit quality is vital for maintaining trust in the financial reporting process and the integrity of financial information.

Zacs’s audit team will be equipped with a high level of technical skills and will be empowered with professional skepticism; they will provide the heart and soul of a good audit. In addition, we believe:

• Audit methodologies must focus on fundamentals and guide good audit judgments.

• Technology can provide for effective information gathering, allow for critical data comparisons, and enhance contextual analysis.

• Compliance tools help the auditor meet professional and regulatory requirements.

• Cultural values should encourage sound judgment and objectivity

Accountancy and Book Keeping Services

Overview

ZAC will offer a full array of accounting and financial reporting services to meet the diverse needs of various types of business. You can benefit from our expertise in all areas of financial planning, accountancy or business development and realize your potential for financial growth. Our services will include

• Financial accounting services

• General accounting services

• Accounting system design & implementation

• Bank statement reconciliation

• Financial analysis

• Records management

• MIS Reports

• Accounts payable

• Accounts receivable

• Cash flow statements

• Cash disbursements

• Credit and collection

• Cash application

• Payroll