Accounting and bookkeeping are essential functions in a company's financial department. Accounting is the process of interpreting, classifying, analyzing, summarizing, and reporting financial data, and bookkeeping is the process of recording financial transactions. 

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Because of the procedural nature of the department – which is best left to the local experts – it is common to practice for small and medium-sized businesses to outsource their accounting services to Dubai. It's the same with bookkeeping. It is often preferable to let bookkeeping firms in Dubai manage it as a vendor to one's company because it involves process-oriented nuances and regulatory parameters.