“Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.”

Welcome To Lotus Auditors & Accountants

About Us

Lotus auditors is a group of talented accountants and auditors who are committed in giving quality and cost-effective services in the fields of business advisory, auditing, VAT consultancy and payroll to Medium and Small industries (SMEs) in UAE. Quality, integrity, trust, cost effectiveness and responsiveness are the key values we hold on to.

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Be a genuine partner in the success of clients through business consultancy by providing reliable, accurate and timely financial information for better decision making through a relationship mounted on trust and respect.

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Reliable service at affordable price for sure.

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Our Services

AUDIT & ASSURANCE

Business environment has changed drastically these days in terms of competition and sophistication and along with that need of business community on an assurance about the operation its activities as well. We do all kinds of audits as per the requirements of the client.

ACCOUNTING SERVICES

Bookkeeping is the recording, on a day-to-day basis, of the financial transactions and information pertaining to a business. It ensures that records of the individual financial transactions are correct,up-to-date, and comprehensive. Accuracy is therefore vital to the process.

TAXATION SERVICES

The Value added Tax, commonly called VAT in business parlance, is the most common type of consumption tax levied on goods and services. We will help you to Compliance obligations of your business from the purview of VAT.

MANAGEMENT CONSULTANCY

Our management consultancy services are designed to provide you with expert analysis and advice regarding your company’s strategic decisions. As you consider exploring business opportunities,

Software Consultancy

We help businesses in identifying best accounting software based on their requirement. In addition, we help them in system changeovers including post-implementation reviews and go live.

Our Latest News

The good news is that bad news can be turned into good news when you change your attitude

Block Chain Technology

Block chain is the technology that backs crypto currencies like Bitcoin, Ethereum etc. This technology allows digital information to be distributed but not copies. In a block chain environment, digital ledger is stored in a distributed network.

The three pillars of block chain technology are decentralization, transparency and immutability.

Oil prices drop as US inventories rise. US signs Hong Kong bill

Oil prices fell for second day in as US crude production rose to a record and US signing off the Hong Kong Bill. This has the potential to complicate the trade talks with China.

Futures decline by 0.6 and 0.5 percent on consecutive days. Defying expectation of analysts, the crude oil production of US reached 12.9 million barrels a day, according to the Energy Information Administration.

We have to wait and see the impact of the above on trade talks between US and China.

Global trade still under pressure

Global trade is expected to slow down further may shrink through the end of the year due to a manufacturing-led slowdown.

An index by freight giant DHL fell to a four year-low in November, capturing the ongoing uncertainty for the global economy. The still elusive U.S-China trade deal, a slowdown in China and an industrial slump in Germany is among the major contributors to the slow down.