An external audit is an independent review of a company’s financial statements conducted by a third party to ensure accuracy, transparency, and compliance with applicable regulations. This process helps provide stakeholders with confidence in the organization’s financial reporting. External audits assess financial records, identify potential risks, and evaluate compliance with laws and industry standards.
Having these documents prepared ensures a smooth audit process, helping external auditors assess the company’s financial position and identify areas for improvement, regulatory risks, and opportunities for operational efficiency.
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External audits strengthen the credibility of your financial statements, ensuring accuracy and transparency.
We help you meet UAE regulations and international standards, minimizing the risk of non-compliance.
Our unbiased assessments provide a clear, objective view of your company’s financial health.
By assuring stakeholders of your financial integrity, we help attract investment and funding opportunities.
The expert will help to tackle business issues by following proper Accounting and Auditing guidelines will also assist you to scale up your business. JAXA also provides various other services such as Tax Services, Payroll Services, Cash flow forecasting and many more.
At FTA, our expert external auditors ensure compliance, financial accuracy, and transparency. We provide unbiased evaluations to strengthen your financial statements and improve investor confidence. Along with external audit services, we offer comprehensive solutions such as Tax Consulting, Payroll Management, and Cash Flow Forecasting to drive your business forward.
Futureus Tax And Accounting services (FTA) is a leading financial consultancy in Dubai offering a wide range of services, including auditing, accounting, VAT, tax consulting, software consultancy, and management solutions. Our expert auditors ensure compliance and provide tailored audit services that meet the unique needs of your business.
The auditor is appointed by the Audit Committee and approved by the Board and shareholders. They confirm their independence post-appointment.
A contract is signed with audit objectives, scope, and fees. The auditor creates a plan with a timeline for execution.
Evidence is collected to support the auditor’s opinion. The audit report is completed with findings and conclusions.
Companies require external audit services for various reasons, such as complying with legal and regulatory requirements, satisfying the needs of stakeholders, providing assurance on the accuracy of financial information, and identifying opportunities to improve business operations. In addition, external audit services help ensure that financial statements are reliable and free from material misstatements or errors.
Licensed audit firms registered with the Dubai Financial Services Authority (DFSA) or the Dubai Municipality can provide external audit services in Dubai. These audit firms must meet specific requirements set by the authorities, including having qualified auditors and complying with professional standards and ethics.
External auditors in Dubai play a crucial role in providing an objective and independent assessment of a company’s financial statements and processes. They examine financial records and systems, identify areas of risk and potential fraud, and provide assurance on the accuracy and completeness of financial information. External auditors also issue an audit report that communicates their findings to the company’s stakeholders, including shareholders, regulators, and creditors.
The benefits of external audit services for companies in Dubai include:
External audit services also help companies to maintain their reputation and gain a competitive advantage in the marketplace.
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