Get Your Finances Audited By Best Auditors in Dubai!

Public listed company requires to file annual financial statements accompanied and attested by an auditor’s report. In fact, the Commercial Companies Law states that the audit of accounts is necessary for all companies in the mainland. These audited financial statements are available to all the government authorities, financial institutions, shareholders, public and every stakeholder included; it is an assurance that the management has prepared financial statements as per the applicable financial reporting framework; indicating a true and fair view of the business performance; this is required to fill in the gap between ownership and control of the company. This is where an external independent auditor is being hired by the audit committee (that is answerable to the BOD); to provide comfort to the shareholders, adding credibility to the management’s stance, assuring that there are no misstatements, whether it be due to fraud or error. And yes, financial statement audit is a part of our service offering. Our certified accountants will do a comprehensive examination of your financial statements and accompanying disclosures. We will attest to the truthfulness and fairness before issuance of your financial statements.

Risk advisory services helps in evaluating the culture, systems and processes of a business to identify and sort out problems. This can help make decisions, support business objectives and prevent loss, damage or harm to the business. Business improvements require risk management integrated across your organization’s management, processes and technology. Our well efficient team leads risk management projects across all aspects of an enterprise, from risk assessment to any extend. Directors alone cannot establish and maintain effective risk management practices; employees are the backbone of the company, so we need to get all team levels involved in sharing accountability and responsibility, towards managing business risk. A tool that we use in certain risk management projects is data analysis; combining information management, business and accounting skills; our Data Analytics Team can interrogate the numbers significant to a business; extract, analyze and report on data inputs from a risk management perspective.

As per the Institute of Internal Auditor (IIA), operational audit is defined as a systematic process of evaluating the organizational effectiveness, efficiency and economy of operations. Where a financial audit reports day to day transactions and operating activities.

It basically helps in strengthening the internal controls, reducing the costs and irregularities.

This can be performed by an internal auditor of the entity or could be outsourced; it is their responsibility to provide a strategy to overcome the shortcomings of the business, that will propel the management to take effective measures.

Now is the time, to examine the effectiveness and efficiency of your operational activities; find ways to improve your processes, you can definitely rely on our team of experts.

Compliance audit is performed to ensure that your business is abiding by the laws and regulation related to your specific industry. It also includes all your contractual obligations and whether they have been adhered to as per the law. A compliance audit report is usually required by financial institutions or government bodies to affirm that all daily activities and operations are being legally complied with the protocols; and this varies from business to business; e.g. a compliance audit for a financial institution will be regarding personal data, disaster recovery or information backup; a medical facility business would be audited on personal information, surgery contracts or any other law regarding health facilities.

We provide compliance audit to various industries such as: agriculture, health facilities, financial institutions, IT agencies, manufacturing, hotels and tourism, transportation and legal firms.

During a financial audit control, the auditor reviews how the bookkeeping is done, how transactions are entered into the system, how financial transactions are reported and how adequate and secure the internal controls are. It is performed by the internal auditors rather than the external auditors for effective management. It ensures that the resources and capacity available to the entity is utilized to the maximum by the entity. We provide financial control audit services periodically (monthly, quarterly and annually) as per your business need. It will support cost reduction; it will help abridge inefficiencies, irregularities and risk of fraud or error. Effective control functions help business run better. Our practical suggestions are aimed at strengthening the business, not just looking at process, we bring something different. We can work with you in diverse ways: full external evaluation, facilitated review or self-assessment.

A review engagement is conducted to provide limited assurance that there are no material modifications made to the financial statements in conformity with the financial reporting framework. The broad review procedures required to be performed by a professional accountant, these analytical procedures provide better understanding of key relationships among certain numbers; giving more assurance about the reasonability of the financial condition presented in the financial statements.