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Auditing of Accounts

Our Services:

  • Financial Statement Audits: Independent examination of financial statements to ensure accuracy and compliance with UAE regulations.
  • Internal Audits: Evaluating internal controls and risk management processes to enhance operational efficiency.
  • Compliance Audits: Assessing adherence to local laws, regulations, and industry standards.

Legal Framework:

In the UAE, auditing is governed by the UAE Commercial Companies Law and the regulations set forth by the UAE’s Ministry of Economy. Companies are required to appoint an external auditor to review their financial statements annually.

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Benefits:

  • Enhances credibility with stakeholders and investors.
  • Identifies areas for operational improvement.
  • Ensures compliance with legal and regulatory requirements.

Tips:

  • Maintain accurate and up-to-date financial records.
  • Schedule regular internal audits to preempt external audit findings.
  • Engage with auditors early in the fiscal year to plan the audit process effectively.
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