A stock and asset audit is a thorough review of a company’s inventory and fixed assets to ensure proper management and accurate financial reporting. In line with UAE’s commercial laws, businesses must appoint licensed auditors to verify their physical and financial asset records. Key documents include:
Having these documents ready ensures a smooth audit process, saving time and improving accuracy.
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We ensure that the value of assets and inventory is correctly recorded, providing transparency and building trust with investors.
Our audits identify potential inefficiencies in asset management, helping you streamline operations and improve business productivity.
Our audit ensures that your company complies with local and international standards, safeguarding your company’s financial integrity.
We help detect discrepancies, reducing the potential for fraud and safeguarding your business assets.
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 team of qualified auditors uses advanced auditing methodologies to tackle challenges and improve asset management. We also offer a range of other services including tax consulting, payroll management, and cash flow forecasting to support your company’s growth.
FTA is a leading financial consultancy based in Dubai, offering specialized stock and asset audit services along with comprehensive financial solutions such as VAT, tax consulting, and management advisory. Our commitment to using state-of-the-art auditing techniques ensures your company stays compliant while achieving operational excellence.
We ensure all auditing guidelines are followed by assessing your company's operating environment and internal controls.
We verify the accuracy of your asset register, testing account balances, and reconciling records to ensure the data is accurate.
Stock levels and asset usage are carefully evaluated to confirm that your financial records match the actual holdings.
A stock and asset audit reviews your company’s physical assets and inventory to confirm their accuracy in financial statements.
Essential documents include asset registers, stock reports, purchase invoices, and depreciation schedules.
Audits should typically be conducted annually, or more frequently if needed, depending on the company’s operational scale and requirements.
Stock and asset audits ensure that your business is efficiently managing its resources, preventing fraud, and adhering to regulatory standards.
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