Independent Audit & Assurance Services in Dubai
At Fintech Tax Consultancy, our audit and assurance team delivers independent, objective evaluations of your financial statements and business processes. Our audits are conducted in accordance with International Standards on Auditing (ISA) and provide stakeholders with confidence in the accuracy and reliability of financial information.
Our team of qualified auditors brings extensive experience across diverse industries, ensuring thorough and insightful audit engagements that go beyond mere compliance to provide actionable business recommendations.
External Audit
Our statutory external audit service provides an independent opinion on whether your financial statements present a true and fair view. We examine financial records, internal controls, and compliance with applicable accounting standards to issue an audit report that meets the requirements of UAE law, banks, and regulatory authorities.
Internal Audit
Our internal audit services help organizations strengthen their governance, risk management, and internal control processes. We evaluate the effectiveness of existing controls, identify areas of risk, and provide actionable recommendations to improve operational efficiency and safeguard assets.
Tax Audit
Our tax audit service reviews your tax computations, returns, and compliance status to identify potential risks, errors, or overpayments. We conduct thorough reviews of your VAT and corporate tax positions to ensure full compliance and minimize exposure to penalties from the FTA.
Stock Audit
We provide physical verification and valuation of inventory to ensure your stock records accurately reflect actual holdings. Our stock audit covers physical counting, condition assessment, valuation verification, and reconciliation with book records.
Due Diligence
Our financial due diligence services support informed decision-making during mergers, acquisitions, and investments. We examine the target company's financial health, identify risks and liabilities, assess the quality of earnings, and evaluate working capital requirements.
IFRS Advisory
We help businesses transition to and comply with International Financial Reporting Standards. Our IFRS advisory covers gap analysis, implementation support, staff training, and ongoing compliance monitoring to ensure your financial reporting meets international standards.
Our Audit Process
Planning
Understand business, assess risks, define scope and audit strategy
Fieldwork
Test controls, verify transactions, gather audit evidence
Reporting
Issue audit opinion, management letter and recommendations
Follow-up
Track implementation of recommendations, ongoing advisory
Mandatory Audit Requirements in the UAE
Under UAE Commercial Companies Law and various free zone regulations, the following entities are required to undergo an annual audit:
- All companies registered in mainland UAE (LLCs, PJSCs, etc.)
- Free zone companies (as per respective free zone authority rules)
- Companies subject to UAE Corporate Tax exceeding the threshold
- Businesses as required by banks or regulatory authorities