In accordance with UAE law, regulatory compliance necessitates that the client comply with all regulations applicable to the client’s regulatory authority, and noncompliance results in penalties and sanctions.

At Elucidation for Accounting (ElucidationAcc), we offer compliance officer services to our esteemed clients in which our compliance officers ensure that the entity complies with all applicable regulations. Our compliance service methodology is as follows:

·        Knowledge and evaluation of the applicable laws and regulations governing the entity under consideration.

·        Registration and reporting requirements of the relevant authority and the entity’s current compliance structure.

·        Identification of areas where cost, efficacy, and efficiency enhancements can be incorporated.

·        A review of the existing issues and available solutions.