Audits are more than a statutory requirement. They provide valuable insight into the way a business functions and an unbiased opinion of the business’s financial position of it’s strengths and weaknesses.
Why do you need an audit?
The majority of free zones in the UAE as well as all domestic licensing bodies have regulations requiring annual audits, in order for your company to remain in good standing.
Audits provide shareholders as well as stakeholders (banks, etc.) with 3rd party qualified assurance as to the accuracy of accounts. Audits provide 3rd party assurance to any party that may invest in or purchase your business.
Our audits aim to help clients mitigate risk, improve operational efficiencies and safeguard their business by providing clarity on issues that matter.
Our audit assignments are led by 3rd party independent auditors with a commitment to high standards of professionalism. Throughout the entire audit process, we work alongside clients to understand the underlying business, address critical issues and recommend improvements to increase control, reduce the potential for fraud, and assure stakeholders as to the accuracy of the accounts. We review, analyze, and evaluate risk and materiality in each area of the audit and focus on matters relevant to the validation of our audit opinion. Our audit aims to deliver practical advice to our clients and serve as a tool to help them develop their business.
Our auditors in Dubai will ensure that filing deadlines are met, and all audits are carried out in compliance with relevant statutory requirements and regulations, both local and international.
Re/think partners with a number of qualified audit partners in Dubai to service the needs of our clients in jurisdictions throughout the UAE. Our main 3rd party audit partner is RAA Auditing. RAA Auditing has been chosen due to their international experience, client service focus and their commitment to ethics in the field of audit.