Professional Grade

External Audit & Financial Reporting

Independent Verification for Global Credibility

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Service Overview

External Audit is the cornerstone of financial trust. It is an independent examination of your company's financial statements to ensure they differ materially from reality and comply with International Financial Reporting Standards (IFRS) and UAE laws. Beyond a statutory obligation, an external audit enhances your credibility with banks, investors, and government authorities, facilitating license renewals, loan approvals, and strategic partnerships.

Regulatory Note

In the UAE, external audits are mandatory for most Free Zone license renewals (such as DMCC and JAFZA) and for all mainland companies under the new Corporate Tax regime. We serve as your independent authorized auditors, providing reports that are accepted by all major banks and regulatory bodies.

What We Cover

Statutory Annual Financial Audit
Free Zone License Renewal Audit
Bank Compliance & Credit Facility Audit
IFRS Conversion & Compliance
Financial Statement Analysis
Fraud Detection & Risk Assessment
In-Depth Review of Accounting Policies
Audit for Dispute Resolution & Shareholder Assurance

Our Process

1

Engagement Planning

Understanding business operations and designing a tailored audit strategy.

2

Risk Assessment

Identifying key financial risks and control gaps.

3

Fieldwork & Testing

Substantive testing of transactions, balances, and disclosures.

4

Review & Quality Control

Rigorous review to ensure compliance with ISA and IFRS.

5

Reporting

Issuing the Independent Auditor's Report and Management Letter.

Common Questions

Is External Audit mandatory for license renewal?
Yes, for most Free Zones like DMCC, JAFZA, and DAFZA, submitting an audited financial report is a mandatory requirement for annual license renewal.
Do banks require audited financial statements?
Absolutely. UAE banks require audited reports to assess creditworthiness before approving or renewing loans and banking facilities.
What standards do you follow?
We strictly adhere to International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA).