For companies in Dubai, auditing and assurance services are provided so that stakeholders have a better understanding of the companies’ financial position, based on which they make their decisions. It confirms that the financial statements of the company show a true and fair view, including:
As a leading audit firm, we at AMCA auditing guarantee that our services are one of the best and we are among the top audit firms in Dubai. We function according to the law and regulations, allowing your company to comply with all local and international auditing and accounting requirements.
Auditing one's books of accounts are necessary to satisfy various banking and regulatory requirements. Furthermore, to fit into UAE's economic system, it is required to obtain an independent Auditor that can provide reliable auditing services to the company.
An independent audit should be carried out by reputable auditing firms in Dubai, such as AMCA's Auditing and Assurance Services, which all banks approve in the UAE. In addition, our reputation as an auditing firm is widely recognized by officials across the country. (Can we please re-phrase as the same thing is repeating)
Performing audits can help businesses achieve their business goals. A thorough audit will assess whether the business is being managed as per industry standards and whether the appropriate strategies and procedures are followed in the operations of the enterprise. In addition, it will help the shareholders to spot weaknesses in the control processes of the Organization.
Incidents of fraud have become quite common in today’s world where fraudsters have advanced systems and several tools at their disposal including clever window dressing techniques and more. However, it has become equally difficult tp hide fraud due to the advancement in Audit procedures and use information Technology in audit. It is still a challenge to detect it due to the complex nature of transactions in today’s world. However, analyzing a company's financial statements may reveal where mischief has occurred if proper audit standards are followed. AMCA Auditing and Assurance Services have the exemplary service to help your company detect fraud.
Your business's reputation, goodwill, and profitability determine how much your business is worth. It helps in attracting potential shareholders. Additionally, it enables you to get foreign investment.
A complete internal audit will help identify and eliminate the factors that weaken your company' internal controls. Knowing these processes can eliminate the factors that undermine your company's performance. Identifying areas where you can put in less effort to gain a greater return.
It helps you strengthen your business processes by highlighting major risk areas and suggesting proper mitigation strategies.
We also offer advice based on the results so that we can prevent potential threats. Our extensive service menu ranks among the best audit firms in Dubai.
1st month/ instance | Notice and fine of AED200/ - to Humanitarian Organizations Notice and fine of AED400/- to Commercial Entities |
2nd month/ instance | Second notice and fine of AED200/ - to Humanitarian Organizations. Second notice and fine of AED400/- to Commercial Entities |
3rd month/ instance | Third notice and fine of AED200/ - to Humanitarian Organizations. Third notice and fine of AED400/- to Commercial Entities |
4th month (HOCE) |
1. Final notice and; 2. Suspension of any services provided by the Authority to the Humanitarian Organization or Commercial Entity; and/ or 3. Notifying other Relevant Authorities of the breach and advise that services to the Humanitarian Organization and Commercial Entity are suspended. |
In implementing audit cycles in your business, we select the audit service that is best suited to your business needs. Then, using this information, we prepare a detailed scope of work and an accurate quotation for you using this information.
Depending on the audit requirements, we pick the proper audit cycle for each area of business that requires auditing. Then, through a meticulous examination of the company's business model, we understand how it functions.
Depending on the client's requirements, the plan is structured differently. Our audit and assurance techniques have been designed to be efficient enough to perform a detailed audit.
There are different auditing reports generated for different sections. The document is then reviewed to ensure it is compliant with UAE law. Finally, it is further merged before being presented to the board of directors and shareholders.
In the audit report, you can find all the information you need to understand your business in its entirety. We are happy to assist you with further modifications in accordance with the recommendations.