Audit Firms in Dubai,UAE
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What is Audit Services in Dubai?
In the midst of dynamic market conditions, we are keen on attaining organizational benefits and adding value to the stakeholders by offering international professional Audit Services in Dubai, UAE with internationally accepted accounting standards and methodologies.
Audit Firms in Dubai Methods
The audit firms in dubai approach is based on understanding the client, including the industry in which they operate, its organizational structure and its internal control processes.
Accordingly, the KGRN top audit firms in dubai process does not consist solely of verifying data in the financial statements with supporting documentation. It also includes analyzing the client’s business risks in its business environment. Our talented Auditors in Dubai examine the objectives of the business and its strategy and analyzes its business processes, their inherent risks, and related internal controls.
The best audit firms in dubai add value by focusing the client’s attention on risk points and highlighting leading practice ideas for improving controls.
The role of KGRN audit firms in dubai
According to the Organization, “auditing is an independent, objective guarantee and consulting activity calculated to add value and progress an organization’s operations. Audit Firms in Dubai assistances an organization to complete its objectives by bringing a systematic, disciplined approach to estimate and improve the efficiency of risk management, control and governance processes.”
How does Auditor monitor effectiveness?
Internal audit serves many purposes, but the principal tasks include:
- Risk assessment
- Process walkthroughs and documentation
- Control assessment
Audit Firms in UAE Advantages
Our audit firms in uae teams specialize in the sectors in which the clients operate. Our methodology is based on industry-focused services. Accordingly, the audit team has diverse industry focuses. This enables the firm to provide quality professional services while ensuring uniformity and consistency. Our complete compliance with the local governing laws certifies its accuracy and credibility.
Benefits of KGRN auditing companies in dubai
- The possibility of the audit is defined by management or the Board
- Audit “reports” straight to management or the Board
- Progresses the “control environment” of the organization
- Brands the organization process-dependent instead of person-dependent
- Identifies severances in functioning and control procedures
- provides recommendations to recover the efficiency and success of procedures
- Works on a timely basis
- Eventually rises accountability within the organization.
Our audit services in dubai include:
In accordance with new UAE Commercial Companies Law no. 2 of 2015, every company shall appoint auditors to audit their books of accounts and submit audited financial statements along with the auditor’s opinion.
We provide statutory audit services to ensure full compliance with the Federal law and issue audit opinion which states true and fair views of the state of affairs of the company.
Free Zone entities audit
While renewal of trade license, it is mandatory requirements to submit the audited financial statements to the Free Zone authorities such as Jebel Ali Free Zone (JAFZA), Dubai Airport Free Zone (DAFZA), Dubai International Financial Centre (DIFC), Dubai Silicon Oasis (DSO), Hamriyah Free Zone, Sharjah Airport Free Zone (SAIF). It is also necessary to submit audited financial statements of the branch of foreign companies registered in the United Arab Emirates. Audited Financial Statements are necessary to submit for the entities under liquidation.
Having a multi-facet experience we also provide audit services for the submission of audited financial statements while ensuring compliance with respective free zone regulatory requirements.
Established in 2007, Real Estate Regulatory Agency (RERA) is the governing body which regulates, formulates the regulatory requirements in the Real Estate sector in Dubai.RERA audits consist of – firstly, the audit of Developers as per RERA regulations which state that the developers have maintained Escrow accounts for each project which are undertaken by them which assist in an assessment of efficiency and effectiveness of the various activities on projects.
Secondly, for the projects which are completed must form an owner’s association in accordance with RERA regulations and to maintain an audit of its books of accounts with the submission of audit report annually to RERA. We at KGRN provide the RERA audit services to ensure that the developer complies with applicable regulations as required by RERA and also to provide fair opinion on books of accounts to make a clear picture to owners.
Agreed upon Procedures
The auditor is to carry out procedures of an audit nature to which the auditor and the entity and any appropriate third parties have agreed and to report on factual findings in accordance with International Standard on Related Services (ISRE) – 4400. We provide services with an objective to carry out procedures of audit nature and report on factual findings.
List of audit firms in dubai
Audit services in uae offers in the arena of GST, Audit and Assurance (Statutory Audits, Internal Audits, External Audits, Due Diligence), Taxation Consultancy, Finance, Company Formation and payroll etc
Big Four Audit Firms in Dubai
Big Four is the term given to signify the top auditing companies. KGRN audit services in dubai conduct the audit of many public and private companies through the world.
We audit firms in uae have audit more than 80% of all the public companies and focus in other areas such as assurance, advisory, risk management, corporate legal services, tax, vat, financial planning and consulting.
Other Best Audit Firms in UAE are
- Audit firm in DWC free zone
- Audit firms in jebel ali free zone
- Audit firms in DIFC (Dubai International Financial Centre)
- Audit firms in Dubai airport free zone (DAFZA)
- Audit firms in DMCC (Dubai Multi Commodities Centre)
- Auditors in SIllicon Oasis Dubai