AUDITING & ACCOUNTING

Accountants and auditors are responsible for detecting and deterring fraud by evaluating accounting systems for weaknesses, designing and monitoring internal controls, determining the degree of organizational fraud risk, interpreting financial data for unusual trends, and following up on fraud indicators.

External Audit

An external audit is an independent examination of the financial statements prepared by the organization. It is usually conducted for statutory purposes (because the law requires it).

An audit results in an audit opinion about whether the financial statements give a ‘true and fair’ view of the:

  • State of affairs of the organization
  • Operations for the period

An external audit can be conducted either as part of the annual review of accounts or as a special review by a donor agency. It is conducted by a registered firm of accountants with recognized professional qualifications, such as CPA, ACA or ACCA.

The purpose of external audit is to verify that the annual accounts provide a true and fair picture of the organization’s finances; and that the use of funds is in accordance with the aims and objects as outlined in the constitution.

Internal Audit

The role of the internal audit function is critical for the success of any risk management framework within an organization. The main obligation of internal auditors is to evaluate whether other risk systems and controls in place within the firm are operating effectively to manage and mitigate risks or not. Such an independent evaluation of the firm’s control functions will go a long way in enriching the systems and procedures that are followed.

We believe in establishing a solid business relationship with our clients based on transparency and continuous communication so as to enhance the quality of the internal audit functions that we perform. We encourage our clients to participate in every step of the audit programme, to arrive at comprehensive solutions that are an advantage to every firm that we work with.

Special Audit

We help our clients to perform all kinds of special purpose assignments and audits. Our qualified, diversified and experienced professionals are always ready to perform any special assignment or audits to meet different requirements of our clients

Accounting Services

Our accounting services are manual & computerized both, Our bookkeeping services in Dubai, UAE are as per the requirement of customers. We have Qualified accounting professionals experienced in accounting and bookkeeping services.

Accounting function plays a key role to growth and development of every organization. By outsourcing your accounting function to us, you are assured of professionally qualified and highly trained staff working on processing your financial data into useful accounting reports & financial statements that would set the base of for analyzing performance as well as be key inputs in taking strategic decisions towards achieving the organizational goals.

Our Accounting services include but are not limited to :

  • Financial Accounting & Bookkeeping
  • IFRS compliant Financial Statements including Income Statement & Balance Sheet
  • Management Accounting & Reporting (including setting up management information & reporting systems)
  • Project / Job profitability
  • Payroll (WPS Compliant)
  • By outsourcing their payroll function, businesses are relieved of the compliance stress of local labor laws & regulations as well as the need to hire full time HR & Payroll personnel.
  • Receivables & Payables Management

All the above services can be structured to provide monthly / quarterly / annual reports as applicable.