Approved Auditors in Dubai
Registered, regulated auditors approved across the UAE’s major free zones — here’s what you need to know, and where we’re approved.
Approved auditors — the essentials
Who are the approved auditors in Dubai?
They must be registered public accountants before they can be appointed to audit a company’s financial statements. To register as a public accountant with Dubai Economy, you must provide:
- Prescribed experience as an auditor
- Prescribed qualification
- Prescribed continuing professional education
- Institute of Chartered Accountants of India (ICAI) membership
What is a financial audit and its objective?
A financial audit is an objective evaluation of a company’s financial statement reports and reporting processes. Its primary focus is to assure investors, regulators, directors and managers that the financial statements are complete and accurate — it provides assurance, not a guarantee.
Using audit procedures such as observations and interviews, auditors determine whether the financial records are reported properly. If all controls and processes are accurate, the auditors conclude that the financial statements are accurate.
What are audited financial statements?
To comply with UAE law, companies must file their annual statements, and auditors oversee that these are filed per IFRS. Audited financial statements include:
- Statement of the business’s financial transactions
- Statement of the business organisation
They ensure the company’s financial records are in order; during review, any errors are brought to attention. They’re also useful when shareholders present their financial standing to banks for greater credibility.
How do auditors in the UAE work?
Auditors are responsible for a business’s audit opinion and must ensure audits are carried out per IFRS guidelines. The FTA and municipalities can inspect any audit performed in Dubai at any time to ensure compliance with IFRS requirements.
How an audit is carried out
Planning
Proper planning sets the scope based on the company’s size and departments — understanding the organization, planning ratio analysis and documentation, assessing the risk of misstatement, and setting the timeline.
Financial audit tests
The auditor builds an understanding of the organization through audit tests identified during planning, and reviews the invoices behind expenses to confirm they’re classified correctly and vendors exist.
Account analysis
The auditor checks each account against the supporting documents, documents the reasons for changes since the last audit, and gathers the research needed to justify them.
Preparation of audit report
The auditor prepares an opinion report covering the organization, the tests used, the financial-statement detail and any internal-control weaknesses, then submits it to the higher authorities for sign-off.
Approved auditors by free zone
Approved Auditors in Dubai South (DWC)
Audit, assurance & compliance for Dubai South (DWC) companies.
Need an approved auditor? We’re ready.
Speak with our certified UAE audit experts. Professional, confidential and obligation-free.
🔒 Confidential · No obligation · UAE licensed firm