As chartered accountants and VAT/Tax advisers in UAE, we assist entrepreneurs, high-net-worth individuals, and family offices. Since we are approved by the DDA, we are able to assist companies in the DDA with completing their annual audits.
Truly, by 2022 all the DDA entities are supposed to appoint DDA-approved Auditors to prepare their financial statements. To emphasize, Dubai Development Authority is a Dubai Government entity established and named pursuant to Law No. 15 of 2014 and Law No 10 of 2018. Basically, this reflects the entity’s new broader mandate overseeing development control, municipal, economic, and immigration functions across select free zone clusters and other communities by various master developers throughout Dubai.
Primarily, the Authority focuses on three main streams of delivering:
Every Dubai Development Authority (DDA) Company engaging an auditing service helps you eliminate any potential inconsistencies that might lead to fraud. We ensure that accounts are properly evaluated according to proper accounting standards as well as analyse how your business handles its accounts.
Being Approved Auditors in DDA Alya Auditors a pool of experienced auditors in the UAE will ensure that your business operates within the guidelines as per the FTA and the Dubai Internet City free zone authorities through inspection of the financial records of your business. Assessing the business operations and performance, we will then provide a thorough risk assessment.
A qualified and capable auditor can be beneficial to your business in more ways than you think. Our auditors ensure that your business is always one step ahead and provides ample advice to ensure the overall efficiency of your business.
Out of all our auditing services, we need to find a suitable one for you. We choose the audit cycles that should be implemented in your business based on the industry. As a result, we will be able to prepare a quotation for you that is accurate.
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.