DMCC
Approved
auditors

Dubai Multi Commodities Centre DMCC is renowned as the fastest growing and largest Free-Zone in the world with over 19,000 registered companies.

DMCC regulates, promotes and facilitates trade across a range of commodities including gold, diamonds, pearls, precious metals, coffee and tea. Major international companies, SMEs and start- ups in the goods sector have made DMCC Free Zone their home.

Why is it necessary to Audit?

All companies must maintain sufficient accounting records and supporting documents to prove their transactions in order to disclose their financial position with reasonable accuracy at all times.

According to rules, DMCC member companies shall, within 90 days of the end of each financial year, upload an audited financial statement summary sheet and an audited financial statement report via a designated online service request on the member gateway.

These rules don't apply to appointed auditors to examine DMCC member companies registered as a branch company handed such a company has a group auditor.

Appointment of Approved Auditors DMCC

The authority has assigned a DMCC approved auditors list only through who the audit can be done.

A Company can only appoint an auditor if:

• The auditor has been approved and registered by DMCC;
• The auditor has agreed in writing to the appointment;
• The Company, having made reasonable enquiries, is not mindful of any matter which would avoid the auditor from agreeing to the appointment.

We at Excellence are DMCC Approved Auditors under the name of MANSOOR MULLA AUDITING OF ACCOUNTS and also provide other business services. Every Company must appoint an approved auditor DMCC who must examine and report on the financial accounts of that Company.

Audit Requirements

• Memorandum of Association (MOA)
• Certificate of registration
• Updated Copy of Trade License
• Share certificate.
• Lease/Tenancy agreements for the audit period
• Passport copy of the Shareholder/Manager

• Trial balance
• Profit and Loss Statement
• Statement of Financial Position (Balance sheet).
• Bank statements (all the accounts) for the audit period.
• Previous Year Audit Report

Excellence Auditing covers all your DMCC Auditing needs

Excellence Auditing conducts final audits in accordance with International Standards on Auditing (ISA) and International Financial Reporting Standards (IFRS) and also follows audit recommendations set by the DMCC Free Zone.

We also identify areas for improvement and suggest steps to achieve organizational goals actively contributing to business success. An audit of business books by the best UAE accounting firm helps companies comply with local and international regulations, and strengthens the company's credibility with stakeholders, governments, lenders, and other authorities.