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Cost Audit Services in Dubai

We’re a leading firm of chartered accountants & VAT/Tax advisers supporting entrepreneurs, high net worth individuals, family offices and growing businesses in UAE.

cost audit represents the verification of cost accounts and checking on the adherence to cost accounting plan. Cost audit ascertains the accuracy of cost accounting records to ensure that they are in conformity with cost accounting principles, plans, procedures and objectives.Cost audits involve verifying the accuracy of cost reports, statements, data, and cost accounting techniques. 

Management Audit

Management audit is audit of the management.

Management Audit

A systematic approach that aims to analyze the effectiveness of management systems of an organization
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Statutory Audit

Auditing done using auditing and accounting standards prescribed by the government.

Statutory Audit

A statutory audit is a legally required review of the accuracy of a company's or government's financial statements and records.
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VAT Audit

An audit of your tax return to verify that your income and deductions are accurate.

VAT Audit

It is a formal examination by approved Tax Agent of the company’s VAT Ledgers, Sales & Purchases Ledgers Trial balance reconciliation with standard rated sales.
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Due Diligence Audit

All companies should maintain International Financial Reporting Standards in their books.

Due Diligence Audit

IFRS assessment is conducted when new or revised accounting standard is implemented in any business from a specific date.
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Forensic Audit

Examination of a company's financial records to derive evidence.

Forensic Audit

Audit done at the specific request of the management to detecting or mitigating the chances of fraud or misappropriation of funds.
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Information System Audit

Ensures the system provides accurate information to users and makes sure unauthorized parties do not have access to private data.

Information System Audit

Ensures the system provides accurate information to users and makes sure unauthorized parties do not have access to private data.
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Benefits of Choosing Alya for Companies Cost Audit

Cost Auditing in Dubai,UAE

Maintenance of records such as job cards, cost ledger, work order, etc. and their costing method.

Helps too identify the weaknesses and inefficiencies of management in different functional areas, such as production, sales, finance etc.

In a financial audit, plant utilization and capacity utilization are not considered in detail. Under this category, the cost of auditor’s examination covers total available hours, standards hours, planned hours, and actual hours worked.

Management audit suggests ways to utilize the resources of the organization effectively.

Reports on daily production, outlines from daily to monthly, monthly to yearly, comparison with ended records, and budgeted targets consisting of unusual losses, work-in-progress, etc.

Our Audit Process in UAE

Management auditors requires information for the appraisal of various Managerial aspects.All information about the company will be collected.

The Management auditors should carefully examine the information may also be required to reach certain conclusions. The information should be carefully studied to ascertain the real position of organisation.

The information collected by management auditor should be compared with the objects and standards set earlier. Sometimes, information is compared with that of previous years. This will give on idea of actual performance of the entetprise. This will help in assessing the comparative performance of the unit.

The auditor prepares a report detailing the findings of the audit. Included in the report are mathematical errors, posting problems, payments authorized but not paid and other discrepancies; other audit concerns are also listed. The auditor then writes up a commentary describing the findings of the audit and recommended solutions to any problems.

cost audit-process dubai

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