Swift Audit & Advisory

Swift Audit & Advisory Grow your business with us ! Big‑Four experience, tech-driven, SME focus , client-partner
Accounting, auditing, bookkeeping & more.
📍Abu Dhabi- Dubai- Alain

Thanks to everyone who participated in our quiz last week.The correct answer is B) As the service is performedUnder IFRS...
31/03/2026

Thanks to everyone who participated in our quiz last week.

The correct answer is B) As the service is performed

Under IFRS 15 (Revenue from Contracts with Customers), revenue is recognized when the performance obligation is satisfied.

For services delivered over time, the performance obligation is fulfilled as the service is performed, not when:

- the contract is signed, or

- payment is received.

This means revenue should be recognized progressively, reflecting the stage of completion of the service.

Multi-specialty clinics generate revenue across several departments, but without clear financial visibility, it’s diffic...
27/03/2026

Multi-specialty clinics generate revenue across several departments, but without clear financial visibility, it’s difficult to understand where the business is truly performing.

We share practical ways clinics can improve financial oversight across services.

Our quiz for accountants this month is on recognising revenue for services delivered over time.Comment with your answers...
25/03/2026

Our quiz for accountants this month is on recognising revenue for services delivered over time.

Comment with your answers.

We’ll share the correct answer next week.

On the occasion of Eid Al Fitr, we extend our warmest wishes to our clients, partners, and community.May this special ti...
20/03/2026

On the occasion of Eid Al Fitr, we extend our warmest wishes to our clients, partners, and community.

May this special time bring peace, prosperity, and continued success.

Eid Mubarak.

Healthcare organizations manage complex processes such as billing, insurance claims, procurement, and regulatory complia...
18/03/2026

Healthcare organizations manage complex processes such as billing, insurance claims, procurement, and regulatory compliance.

Internal audits provide independent oversight to ensure these processes operate effectively.

Get in touch with us today to book a free consultation.
https://www.swift-audit.com/book-outsourced-accounting-services-in-uae

Healthcare providers face several financial risks that can affect operational stability and long-term growth.From delaye...
16/03/2026

Healthcare providers face several financial risks that can affect operational stability and long-term growth.

From delayed insurance payments to weak financial oversight across departments, these challenges can quickly impact performance.

Our latest article highlights some of the most common financial risks healthcare organizations should monitor.

Read more: https://www.swift-audit.com/blogs/financial-risks-healthcare-providers-should-watch

Insurance receivables are one of the biggest cash flow challenges for healthcare providers in the UAE.Delayed insurer pa...
13/03/2026

Insurance receivables are one of the biggest cash flow challenges for healthcare providers in the UAE.

Delayed insurer payments, claim rejections, and billing errors can significantly extend receivable cycles.

We explore practical ways clinics can improve claims tracking, reduce delays, and manage insurance receivables more effectively.

In the highly regulated healthcare sector, financial transparency is essential.External audits provide independent assur...
10/03/2026

In the highly regulated healthcare sector, financial transparency is essential.

External audits provide independent assurance that financial statements are accurate, compliant, and reliable for regulators, insurers, and other stakeholders.

Get in touch with us today to book a free consultation.
https://www.swift-audit.com/book-outsourced-accounting-services-in-uae

Address

Al Barsha 1, API Business Suites Office 406
Dubai

Opening Hours

Monday 07:00 - 17:00
Tuesday 07:00 - 17:00
Wednesday 07:00 - 17:00
Thursday 07:00 - 17:00
Saturday 07:00 - 17:00

Telephone

+971502126706

Website

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