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Audit & Assurance Service in Dubai

Giving you confidence and control in your business

There are many reasons why you might need an audit or assurance report. You might want it to help meet compliance requirements, to reassure investors, or to review your processes and controls. Whatever the reason, you’ll want to feel you can rely on the report’s independence and accuracy.

With us, you benefit from objective, practical audit and assurance services to help ensure your compliance and give you peace of mind.This can include financial audits, internal audits or specialist audits.

As per the the Federal Law of UAE 2015, all companies need to submit audit report .In order to abide by the law, the audit firms in Dubai helps business  to fit in the UAE economy and take care of the required essentials. 

Impact of Auditing and Assurance Services on Business in Dubai

Importance of Auditing in Dubai

Add value to your business by using the audit as a basis to identify and resolve commercial issues and to improve your business processes.

Use the understanding and insight gained from the audit as a basis for helping you develop strategies to drive your business forward.

Reduce risk and improve your organisational performance by challenging existing assumptions and practices.

In the present world, it has become tough to avoid fraud. What’s more stringent than that is to detect them. By evaluating financial reports of the company, one may know where the mischief has happened. Alya Auditors forensic audit service and cash embezzlement service are  perfectly fit for your company for fraud detection.

Our Audit also identifies your strengths on which lesser effort can give you more return. We provide advice to you based upon the results which can safeguard you from the potential threats. Our widely extended service makes us one of the top audit firms in Dubai.

It will also highlight control weaknesses and let the business owner know if risk management processes are operating effectively thus increasing the efficiency of your business.

Our Audit Procedure

Out of all our auditing services, we need to find a suitable one for you. Depending upon the industry, we select the audit cycles which are required to be implemented on your business. This helps us to prepare an accurate quotation for you.

After the approval of services and quotation, we need the company to provide us information required to conduct the audit. The data is based on the type of audit we perform. Generally, the financial data (credit notes, debit notes, invoices, purchases, etc.) is required for the Statutory Audit. The forensic audit requires information about employees as well.

Our tailor made plan depends upon the necessity of the client. For different audit types, such as balance sheet audit, cash flow statement audit, fraud audit inventory audit, cash audit, stock audit, etc., different methodologies have been developed. Alya Auditors has created its own techniques which are efficient enough to perform a precise audit.

Auditing is done for various sections, and different auditing reports are generated. We review the generated document to make sure it is with respect to the federal law of UAE. It is further merged into one before presenting in front of the board of directors and shareholders.

The audit report contains all the information required to know the complete picture of your company. Based on that, if you need further assistance in making any changes, we will be available for you.

Auditing Procedures at Alya Auditors

Our Audit & Assurance Services include:

Management Audit

Audit of specific operational management functions (viz. purchase, sales, inventory, fixed assets, special purpose accounting etc.) wherein we handhold the management in improving the overall efficiency.

Statutory Audit

Expressing an opinion on the true and fairness of financial statements of the company as required under the statute, accounting standards and guidelines issued by the regulator.

Tax Audit

Auditing the financial statements of an eligible entity in accordance with the provisions of the FTA, and providing disclosures through specified formats.

IFRS

We carry out extensive reviews and advisory to ensure that the requirements under IFRS are met and provide support through robust impact analysis mechanism.

Forensic Audit

Audit undertaken at the specific request of the management to improve the overall efficiency and detecting or mitigating the chances of fraud or misappropriation of resources.

Internal Controls

Reviews undertaken as guided by the statute wherein the effectiveness of internal controls is evaluated with a view to ensure a risk mitigated environment.

We are approved by various freezones and mainland authorities to conduct auditing services

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