A Trusted Audit Firm for Your Business in the UAE
Auditing is a critical process for ensuring transparency, accountability, and regulatory compliance. Our reliable audit firm in Dubai provides a comprehensive review of your financial records, giving you and your stakeholders confidence in your financial integrity.
Our Key Audit Service Offerings:
Understanding Key Auditing Types
Auditing services ensure financial transparency, boost investor confidence, and guarantee compliance with local regulations.
Internal Audit
For Operational Efficiency
Assesses a company’s internal processes, risk management, and governance to identify weaknesses and improve operations.
External Audit
For Financial Integrity
An independent review of financial statements for accuracy and adherence to IFRS, essential for trade license renewals.
Compliance Audit
For Regulatory Adherence
Ensures a business meets all local regulatory requirements, including VAT laws and Anti-Money Laundering (AML) regulations.
Why Audits are Conducted
Audit Requirements for Different Business Structures
Mainland & Free Zone Companies
Most companies, whether operating in the mainland or a free zone like JAFZA or DMCC, are required to undergo annual external audits for trade license renewals.
LLCs & Regulated Industries
Audit requirements for Limited Liability Companies often depend on their size, while businesses in regulated industries like finance, healthcare, and insurance require regular audits to ensure compliance.
Our Comprehensive Auditing Services
Financial Audit
A detailed review of your company’s financial statements to ensure accuracy and compliance with accounting standards like IFRS.
Internal Audit
An assessment of your company’s internal controls, risk management, and governance processes to improve operational efficiency.
External Audit
An unbiased evaluation of financial statements by an independent firm, providing credibility to investors and regulatory bodies.
Risk Management Audit
An evaluation of your company’s ability to identify and mitigate risks, protecting against financial losses and disruptions.
Tax Audit
A review to ensure your financial records comply with tax laws and regulations, minimizing the risk of penalties from tax authorities.
Forensic Audit
A specialized investigation into financial discrepancies, fraud, or misconduct, with findings that can be used in legal proceedings.
Our Auditing Process
A seamless process from planning to final report.
Planning
We discuss audit objectives and scope, gaining an initial understanding of your business operations.
Risk Assessment
We identify high-risk areas to tailor our audit approach and focus on potential issues that could affect financial statements.
Internal Control Review
We evaluate your company's internal controls to find weaknesses that may impact financial reporting and compliance.
Fieldwork
We collect and verify financial records, transaction details, and supporting documents to gather evidence.
Analysis & Reporting
We analyze the data to identify discrepancies and prepare a detailed report with our findings and recommendations.
Finalization
Once management responses are addressed, the audit is finalized and we provide an official audit opinion.
Key Documents Required for an Audit
To ensure a smooth and efficient process, have these essential documents ready for review.
Financial Statements
Balance Sheets, Income Statements, and Cash Flow Statements.
Tax Documents
All tax returns filed, including Corporate Tax and VAT returns.
Accounting Records
Journals, ledgers, and all sales and purchase invoices.
Bank Statements
Statements for all bank accounts relevant to the business.
Contracts & Agreements
Copies of all client, supplier, and loan agreements.
Payroll Records
Detailed records of employee salaries, wages, and benefits.
Internal Documents
Policies, procedures, risk assessment reports, and board meeting minutes.
Inventory Records
Detailed inventory listings and valuation reports.
Operational Documents
Budgets, forecasts, and other relevant management reports.
Ensure Your Financial Integrity with Us
A professional audit not only ensures compliance but also strengthens your business operations. Partner with us to achieve unparalleled financial clarity and security.
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