Audit Firms in Sharjah Freezone
Audit Consultancy Services
Our services can be extended to support change efforts ranging from tactical improvements to large-scale transformation events. We are experienced leaders and practitioners who are customer-focused, committed to excellence and able to effectively manage complex projects across diverse business and technical organisations. Our team of professionals are well versed in business laws and can help you set up a business anywhere in the UAE, including free zones, the mainland and even offshore. We assist our clients with company formation, visa documentation process, UAE business licenses, accounting, auditing, legal and banking related procedures, enabling them to realise their full potential.
Companies that successfully address audit issues improve the quality of their financial reporting and can gain global credibility with leading sources of capital. We strive to maintain our efforts to build trust in society and contribute to solving problems that affect an industry or economy. We combine all our expertise, related thinking and global experience as “one company” to execute and deliver assurance engagements.
We focus on delivering high-quality audits that meet business needs. As a leading accounting firm in the UAE, our professionals leverage their industry-specific knowledge to create value in the audit process.
We continuously invest in innovative technologies that take auditing to the next level to meet current market expectations and client needs. We have also invested heavily in human capital, recruiting, retaining, training and coaching talented professionals to deliver high-quality audits. Our audit services cover the following areas to best serve our clients. Hire us to audit your business and enjoy world-class services provided by highly qualified, professionally trained and dedicated Chartered Accountants.
The importance of audit in Dubai
An audit is an independent examination of financial statements to prevent errors and fraud and to maintain the accuracy of data. The importance of an audit varies depending on the type of audit performed: Third-party assurance on financial statements increases management’s confidence that its accounts are free of material misstatements so it can make decisions quickly.
Planning and budgeting: It allow them to be aware of costs and their allocation. Budgets for future business development can be prepared by selecting this audited information.
Compliance: the audit helps to verify that the financial statements have been prepared in accordance with financial standards and regulations.
Credibility: audited information increases the credibility of owners so that they can invest more in the business, which will expand market share.
Detection of errors and fraud: through critical financial due diligence, we can detect errors due to negligence, commission or integrity, as well as fraudulent activities.
Materiality: This provides evidence or supporting documents that show transactions and cash flows.
Reasons for the audit:
- To reassess the acceptance of the many management rules.
- To verify the effective functioning of the company.
- To maintain/improve the company’s standing in society.
- To carry out “due diligence” for shareholders or potential investors.
- To instill confidence in management that the company is doing well and that you are prepared to deal with potential problems.
Audit and assurance services with Al-Hayat Consulting in Dubai, UAE
Auditing and assurance are the evaluation of a company’s accounts to bring credibility to the financial information that is useful to the company’s owners and shareholders so that they can make better decisions. According to Federal Law No. 2 of 2015 or the UAE Commercial Companies Law, every company is required to assign a licensed auditor registered with the Ministry of Economy to audit its financial affairs.
With a team of certified auditors in Dubai, Al-Hayat Consulting offers a full range of audit and assurance services to meet clients’ business needs in this dynamic global environment. Al-Hayat Consulting offers not only audit services in Dubai, but also accounting services, financial advisory services, tax advisory services, internal audits for companies and other tax-related services.
Do you need audit and assurance services in Dubai? Contact us. Al-Hayat Consulting experts will ensure that your company’s accounting, auditing and assurance procedures are in line with market changes and that stakeholders’ interests are well protected.
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