Audit
Firm

AUDIT FIRM

Auditing companies in the UAE stand as a pillar of integrity and precision, providing audit and assurance services that provide an independent audit opinion on the company's annual financial statements for each fiscal year encompassed within the duration of the audit appointment.

Audit companies have the expertise to deliver impartial audit opinions on corporate financial statements. Auditor firms in Dubai thoroughly examine and evaluate a company's information or documents to uphold high standards of control within the organization, guarantee information transparency, ensure compliance identification, identify, assess, and mitigate risks associated with financial performance.

At the core of their mission, Audit firms in UAE embark on a meticulous journey – delving deep into the financial fabric of organizations. Audit companies engage in a comprehensive procedure, potentially subjecting various forms of income, expenses, assets, and debts to a thorough examination. This meticulous scrutiny, complemented by the auditor's financial knowledge, empowers business owners to enhance financial planning, budgeting, and strategic decision-making for future endeavors.

EXCELLENCE AUDIT SERVICES AND COMPLIANCE

Mansoor Mulla Auditing of Accounts, renowned as one of the best audit firms in UAE, holds a distinguished position in the realm of auditing services across the UAE. With a license issued by the Department of Economic Development (OED) Dubai, bearing number 738553, and official approval from the Ministry of Economy, we boast exceptional credentials to execute auditing operations. Furthermore, as one of the top audit firms in UAE, our esteemed recognition encompasses being a DIFC Registered Auditor, complemented by other endorsements from renowned entities like DMCC, DAFZA, JAFZA, and SAIF ZONE, among many others. As stipulated by the UAE Commercial Companies Law, Federal Law No. 2 of 2015, Article 27, Chapter 2 mandates the engagement of auditors by every company to meticulously examine their books of accounts. This statutory requirement underscores the need for licensed auditors registered under the Ministry of Economy in the UAE. Notably, businesses operating within free zones must undergo the audit of their annual financial statements upon the renewal of their trade licenses, aligning with the UAE's calendar year or financial year.

Audit and Assurance, a cornerstone of financial transparency and integrity, verifies that the financial statements accurately portray the business’ current status. This process, undertaken by reputable Audit Firms In the UAE, ensures that financial statements accurately reflect the entity's current status, bolstering confidence in its operations. This assurance instills credibility and trust among stakeholders, including clients, investors, lenders, and potential buyers.

An audit can also identify system weaknesses and recommend enhancements to fortify controls against fraudulent activities. Through meticulous analysis of financial transactions, Audit firms in UAE validate the precision of financial statements, empowering business owners with insights for informed financial planning, budgeting, and strategic decision-making for sustained growth and resilience in the ever-evolving business landscape.

OUR AUDIT AND ASSURANCE SERVICES:

EXTERNAL/STATUTORY AUDIT: Conducted by an independent external firm, this examination ensures the accuracy of a company's accounting records and compliance with relevant accounting frameworks and UAE laws. It offers an impartial opinion on the company's financial position.

INTERNAL AUDIT: This assessment evaluates a company's internal controls and corporate governance, aiming to enhance operational efficiency by identifying and rectifying issues before they are discovered in an external audit.

TAX AUDIT: Governed by the Federal Tax Authority (FTA), this Audit assesses a company's compliance with tax laws and regulations, ensuring timely payment of liabilities and collection of due taxes.

STOCK AUDIT: This evaluation ensures proper management of inventory items, reducing unnecessary investment and maintaining balance in the stock process by aligning physical stock with stock book records.

LIQUIDATION REPORT: A prerequisite for cancelling a trade license, this report provides an overview of a company's assets, liabilities, obligations, and financial affairs, reflecting its winding-up process.

REVIEW/MANAGEMENT REPORT: These reports offer insight into management performance, providing management with a platform to discuss issues and concerns not addressed in the annual report.

INTERIM AUDIT REPORT: Part of the audit strategy, this report involves testing interim financial statements to streamline the annual audit process.

CONSOLIDATION OF FINANCIAL STATEMENTS: These statements combine the financial data of a group to reflect a single economic entity, presenting the overall financial position of the group.

SPECIAL PURPOSE AUDIT REPORT: This Audit report is tailored to address specific concerns or objectives; this report may involve auditing components of financial statements or ensuring compliance with contractual agreements.

COST AUDIT: This verifies cost accounts and adherence to cost accounting plans, ensuring accuracy and adherence to cost accounting principles.

COMPLIANCE AUDIT: An independent evaluation to ensure adherence to external laws, regulations, and internal guidelines, including corporate bylaws and policies.

SALES/REVENUE AUDIT: Evaluates sales transactions and processes for accuracy, completeness, and compliance with company policies, aiding in formulating effective sales strategies.

FORENSIC AUDIT: Examining financial records to derive evidence for legal proceedings, including corporate fraud investigation and suspicious transactions analysis.

TOP AUDIT FIRMS IN DUBAI

There are several auditing companies in Dubai to partner with. Amidst the numerous options, choosing a reliable and expert partner to do your Audit and assurance assignments is very important. At Excellence, we distinguish ourselves as more than just another audit firm in Dubai; we strive to deliver unparalleled services to our clients.

We are a team of seasoned professionals who demonstrate expertise, reliability and care for every assignment received. We can discern and address the unique needs of our clients. Our ability to determine and address the unique requirements of our clients sets us apart.
As one of the top audit firms in Dubai and the UAE, Mansoor Mulla Auditing of Accounts stands as a cornerstone entity within the Excellence Group. Duly licensed by the Department of Economic Development (OED) Dubai with license number 738553 and approved by the Ministry of Economy, we are authorized to conduct auditing activities. Abiding by the utmost professional conduct and service quality standards, we approach each audit assignment with unwavering dedication and commitment to Excellence.