Audit & Assurance

Audit and Assurance Services

Monitoring and controlling financial practices are the unquestionable linchpins to nurturing trust, obtaining investments, and ensuring the long-term prosperity of any business worldwide. Here at ABTA, we assist companies in achieving their regulatory prerequisites while constructing Audit and Assurance services for growth and risk management.

Book Free Consultation Now!

Why Are Audits and Assurance Crucial for Your Business?

Achieving Compliance with legal boundaries is only one of the many circumscribes within the domain of Auditing and Assurance Services. It is also about analyzing whether or not Financial statements are true and accurate, assessing the effectiveness of existing internal controls, and, most importantly, proactively identifying risk areas that can result in costly, unfavorable situations.

With ABTA, you have partnered with specialists in financial reporting, risk management, and Compliance. In conjunction with our comprehensive audit services, we ensure that you not only understand the current state of your business's finances but are always one step ahead.

Our Audit and Assurance Services

Our expert team is ready to assist you and your company to ensure Financial accuracy and Stability while promoting business continuity and success. Here’s how we can help.

Compliance Audits

Ensure your business meets UAE Laws and Regulations with our Compliance audits. We help you stay Compliant, reducing legal risks and penalties, while keeping you updated with evolving business and Tax laws to maintain a competitive edge.

Tax Audit

A tax audit is a thorough review of a business's Tax filings, ensuring Compliance with company policies and FTA Regulations. We help minimize Disputes, Penalties, and Tax-related issues through accurate Tax reporting, allowing you to avoid costly fines and legal complications.

Financial Audits

Our financial Audits simplify your company's financial status, providing clear insights for informed decisions on Annual reports, Mergers, and investments. Transparent reporting enhances business understanding, while reliable Audits boost investor confidence and Growth opportunities.

Statutory Audits

Need a statutory audit? We ensure your financial statements Comply with UAE laws and International Accounting Standards, enhancing credibility with investors, regulators, and stakeholders. Our audits guarantee accurate financial reporting and full regulatory Compliance.

Forensic Audits

Suspect financial mismanagement or fraud? Our forensic audits conduct detailed examinations to uncover hidden fraudulent activities and unethical financial practices. By identifying the causes of misconduct, we help strengthen your business’s integrity.

Internal Audits

Internal audits thoroughly evaluate your business activities, reviewing internal controls, processes, and risk management to identify inefficiencies and areas for improvement. We help mitigate risks and enhance operational efficiency through actionable insights, ensuring smooth business operations.

Why Choose ABTA for Your Audit and Assurance Needs?

ABTA Can Save Your Business

If you want to protect your business’s financial well-being, our Audit and Assurance services take all the hassle out of Compliance, investment, and acquisition planning. Let us help you improve your internal controls and Compliance so you can make decisions based on accurate financial information.

Professional Audit and Assurance Services in Dubai and UAE

ABTA provides professional audit services in Dubai. A business audit usually involves reviewing a company’s financial data and records. Our auditors in Dubai present these records in audit reports to determine the fairness and accuracy of internal business conditions. Establishing a credible company image for stakeholders and investors requires reliable audit and assurance reports. Government and higher authorities also need companies to have internal and external audits. This ensures that companies follow rules and regulations.

We also provide assurance services in the UAE. While auditing examines financial data and reports, assurance involves checking the processes used to create these records. Our assurance committee determines why and how the financial reports match or don’t match external sources. Both services are equally necessary to maintain a company’s confidence in front of authorities and external investors. Financial audit authorities in Dubai also require businesses to keep their financial reports and balance sheets clear. This helps ensure that they are accurate and reliable.

Dubai has strict laws and regulations regarding audits and assurance. Our auditors in Dubai provide the best financial services, tax audits, and assurance services.

Certified Auditors in Dubai for Comprehensive Audit Solutions

Our certified auditors in the UAE provide complete audit services in Dubai. We serve in the following areas of auditing, following local regulations and laws:

  • Statutory Audits (as per UAE Federal Law)
  • Internal Audits
  • External Financial Audits
  • Forensic Audits
  • Tax Compliance Audits (Corporate Tax, VAT)

Our certified auditors in Dubai review your financial reports and statements, which will benefit your company in multiple ways:

  • Building credibility. Regularly auditing your company builds trust with investors and other entities.
  • Legal and tax compliance. To stay compliant, companies in the UAE must meet legal tax regulations. The government ordered companies to maintain their audited financial statements if their annual revenue exceeds AED 50 million. Companies in the Free Zone that benefit from the facilities also need audited financial records.
  • Mitigate fraud and deception. Monitoring economic data regularly minimizes the risk of fraud within and outside the company. Our keen observers are here to help your company maintain transparent finances.
  • Boost business growth. An auditor can help you find weaknesses in your business. You can make informed decisions and improve your business by analyzing your financial conditions.

Comprehensive Audit Services to Ensure Compliance and Build Trust with ABTA

We offer comprehensive audit services in Dubai, following Dubai regulations. Our registered auditors in Dubai analyze and prepare accurate financial reports to meet local and international accounting standards. Whether you run a free zone or a mainland company, we offer services to help you comply. We also aim to build strong relationships with stakeholders and the FTA.

We provide clear and accurate audit and tax services in the following areas:

  • Internal and External Audits: Companies conduct internal audits to check how things are working inside. They need to minimize risk and make informed decisions regarding areas for improvement.

Accounting and other general departments, such as HR and data security, usually perform internal audits. The law does not require a detailed breakdown of internal conditions but helps build company confidence, and the government encourages this practice.

In-house accountants and external accounting firms provide services to Dubai companies. ABTA provides internal auditing, assurance & consulting services to mitigate the risk and build confidential reporting.

Dubai encourages all companies to have external financial and tax audits. However, companies that meet the legal limitations must have annual audit reports. Late report submission results in fines and legal issues, distorting companies’ credibility.

Our auditors in Dubai will give a comprehensive assessment report about the economic health.

  • Statutory Audit: A financial audit requires a company to review its financial documents and data. Authorities require statutory audits to check the fairness and accuracy of a company’s financial documentation. Governments and banks require updated invoices, accounting reports, and balance sheets. This gives them insight into whether the company is following local compliance laws.

Dubai has the following laws regarding the statutory audit of businesses:

  • According to commercial company law, all mainland companies must ensure an annual audit of their financial records.
  • From 2023, companies must have audited statements. This rule applies if their annual revenue is over AED 500,000,000 or in a qualifying free zone.

Hence, a statutory audit is essential for all companies that meet the government’s threshold. Companies usually conduct statutory audits annually after the financial year-end. The audit period lasts 5 years, and the authorities may extend it in case of illegal activities.

The auditors in Dubai or firms that conduct the audit must hold certification in the UAE and follow international financial reporting standards. We provide statutory audit services in the UAE. Our registered auditors perform this work following local and international standards. We help businesses maintain transparent records and reduce their risk of fines and penalties.

  • Forensic Audit: This audit examines possible fraud and illegal activities. Financial auditing aims to identify misconduct and gather evidence to proceed with the legal process. Dubai has a strict legal framework for dealing with such activities.

We provide forensic audit services in Dubai, including planning the investigation, collecting data, and analyzing. Our auditors in Dubai prepare evidence documents and report the data.

  • Tax and Compliance Audit: Tax auditing is necessary to check whether the business complies with local tax laws. A compliance audit monitors whether the company is following local business laws. FTA is responsible for conducting tax audits and ensuring compliance with VTA and Corporate taxes. Failure to meet tax regulations results in penalties and license issues. We provide tax audit services in Dubai to ensure complete documentation and filing on time.

Business Audit Services for SMEs, Startups, and Corporations

Regular auditing and assurance are compulsory to develop a trustworthy business compliant with regulations. This gives owners the confidence to present their business to investors. Startups must have an internal auditing process to monitor their accounts and financial statements. This will create a transparent, risk-free base for their business.

Small businesses require risk assessment and tax auditing to stay compliant. They must ensure external financial auditing if they fulfill the government’s legal requirements. They need a clear record of invoices and balance sheets to file taxes and avoid penalties.

Large corporations must build trust with stakeholders and partners. They also require financial records to optimize business operations and eliminate the risk of fraud.

ABTA provides audit, attestation, and assurance services to all companies. We review your financial accounts and provide calculated audit reports to improve business planning and execution.

Why ABTA is Among the Best Auditing Firms in Dubai and the UAE

ABTA is one of the top auditing firms in the UAE. We offer full auditing and assurance services. Our team includes registered and experienced auditors and accountants. Our company’s auditing services include:

Thoroughly review your financial statements, bills, and balance sheets, without missing a number.

  • We comply with local laws and provide valuable insights to help businesses focus on the areas of improvement.
  • We provide cost-effective solutions for startups and small businesses to maintain their financial aspects.
  • As an external audit firm in Dubai, we focus on transparent auditing under Dubai’s laws and regulations.

Book a free consultation. Our auditors in Dubai are here to provide valuable advice for your business.

Frequently Asked Questions (FAQs)

Our Blog

Latest Blog & Articles

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua

Hello world!

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!