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External Audit Services

Best External Audit Services in Dubai, UAE

Eslam Elgendy boasts a vast pool of highly qualified external auditors in Dubai, ensuring transparency in your company’s financial statements and promoting ethical business practices.

Our external audit services identify weaknesses in internal controls and processes, enabling senior management to make more informed operational and investment decisions. As a leading external audit firm in the UAE, we streamline tax audits and filings.

A business requires an external audit to:

  • Ensure the accuracy of the company’s financials
  • Identify weaknesses in internal operations and divisions
  • Improve the trust factor of the company among stakeholders and investors

Why External Audits are Performed in Dubai?

Our external audits ensure compliance with UAE laws and regulations, verifying that the financial claims made by your organization are accurate. Here are some additional reasons why external audits are performed in Dubai:

  • Get Unbiased Expert Suggestions
  • Validate Accounting Information
  • Check for Errors
  • Ensure Transparency
  • Fraud and Malpractice Prevention
  • Ensure Compliance

Flowchart of External Auditing in Dubai

Our external audit services in the UAE utilize a structured methodology. To facilitate the external audit process, certain documents are required. Please ensure the following documents are prepared ahead of the audit.

  • Company’s bank accounts used for transactions
  • All financial transactions made by the company
  • Payroll report
  • Schedules of asset registers, prepayments, accruals, etc
  • Loan documents
  • Company’s trial balance
  • Copies of legal documents, like the certificate of incorporation, share certificates, licenses, and tax registration certificate
  • Confirmations from customers, banks, suppliers

Why Choose Eslam Elgendy for External Audit Services in Dubai

Eslam Elgendy provides extensive external audit services in the UAE designed to enhance your business operations. We adhere to all external audit guidelines and deliver precise audit reports that mitigate risks associated with inaccurate data.

By choosing us, you are opting for:

  • Auditors with extensive industry experience
  • Assurance that your business operations are conducted fairly
  • Affordable costs as per the industry standards
  • Unbiased review and recommendations to improve your business operations

Frequently Asked Questions

Yes, the Commercial Companies Law mandates that all mainland businesses conduct periodic external audits. External audit reports are necessary for various legal activities, including the annual renewal of the trading license.
The cost of an external audit varies based on several factors, including the size of the organization and the audit's scope. Other elements, such as internal compliance, can also impact the overall audit cost.
A qualified audit report is a modified report where the auditor provides a subjective assessment, indicating that the financial statements may contain some discrepancies. In contrast, an unqualified report means that the majority of the financial claims are fair and accurate, with only minor issues present.
Free zone companies need an external audit report when applying for a loan or renewing their trade license.
Only licensed audit firms registered with the Dubai Financial Services Authority (DFSA) or the Dubai Municipality are legally permitted to offer external audit services in Dubai. These firms must meet specific requirements, including employing certified external auditors and adhering to professional standards and ethics.