Audit and Assurance Services in the UAE
FinApt Group UAE provides audit and assurance services for businesses across the UAE.
Comprehensive Audit & Assurance Practice
From statutory external audits required for annual licensing to targeted agreed-upon procedures and liquidation accounts, our licensed practice delivers clarity, independence, and technical rigor.
External Audit
Statutory external audits for mainland and free zone entities, delivered under International Standards on Auditing (ISA) with Ministry of Economy signing rights.
IFRS Advisory & Reporting
First-time adoption, technical accounting positions, and financial statement preparation under IFRS, supporting your audit, banking and corporate tax positions.
Liquidation Audit
The liquidator's final audit report and statement of accounts required by UAE licensing authorities to complete formal company deregistration and closure.
Inventory & Stock Audit
Independent physical counts, inventory reconciliation and valuation reviews for retail, manufacturing, logistics, and trading businesses across the UAE.
Agreed Upon Procedures (AUP)
Factual findings on specific financial matters under ISRS 4400, tailored for lenders, landlords, investors, joint-venture partners or regulatory submissions.
Special Purpose Assurance
Independent assurance on financial statements prepared under special frameworks, carve-out accounts, or specific contractual reporting covenants under ISA 800/805.
ICV Advisory
Readiness assessments, audit-ready IFRS financial statements, and score improvement advisory ahead of certification with an accredited certifying body.
Internal Audit & Controls
Independent operational reviews, risk management framework assessments, and internal control testing (ICFR) for boards, audit committees, and family offices.
Why FinApt Group for Audit & Assurance
Senior-led audit mandates built around independence, commercial perspective, and rigorous adherence to international standards.
Ministry of Economy Licensed Auditors
Our audit partners hold Ministry of Economy audit licences and registered signing rights in the UAE, providing statutory reports accepted across all mainland and free zone jurisdictions.
Rigorous International Standards (ISA & IFRS)
Every audit is conducted in full compliance with International Standards on Auditing (ISA) on statements prepared under IFRS, ensuring credibility with global lenders, investors, and regulators.
Proven Multi-Sector Experience
Statutory audits and assurance reviews delivered across real estate, hospitality, oil and gas, manufacturing, technology, logistics, and large government-linked entities.
Direct Partner Involvement
Senior audit leadership remains actively engaged from initial planning through to the management letter, ensuring timely technical decisions and no last-minute roadblocks.
Industries We Serve
Our audit teams bring specialized sector knowledge, ensuring audit testing and valuation reviews reflect the commercial realities of your market.
How We Work: The Audit Engagement Lifecycle
A structured, transparent five-phase process designed to minimize business disruption and deliver timely conclusions.
Planning & Risk
Assessing business model risks, materiality thresholds, and tailoring the audit strategy.
Interim Controls
Evaluating internal controls, IT systems, and process walkthroughs ahead of year-end.
Substantive Testing
Direct verification of balances, inventory counts, third-party confirmations, and sample audits.
Partner Clearance
Senior partner technical review, resolving accounting judgments and disclosure queries.
Final Report
Issuance of the independent auditor's report and actionable management letter.
Frequently Asked Questions
Requirements depend on your licensing authority, legal form and financial position. Many mainland entities and most free zones require audited financial statements for annual licence renewal. In addition, businesses claiming Qualifying Free Zone Person status under UAE corporate tax must maintain audited financial statements, regardless of free zone rules. Banks and lenders also routinely require audited accounts for credit facilities.
Financial statements in the UAE are prepared under International Financial Reporting Standards (IFRS) or IFRS for SMEs. Audits are conducted in accordance with International Standards on Auditing (ISA) issued by the IAASB.
A standard external audit typically takes two to four weeks once all requested schedules, reconciliations and supporting documents are provided. The timeline depends primarily on the quality and completeness of your accounting records.
An external audit results in a formal audit opinion on whether financial statements give a true and fair view. An agreed-upon procedures (AUP) engagement under ISRS 4400 involves carrying out specific tests agreed in advance, reporting factual findings with no opinion or assurance conclusion.
Auditor independence rules restrict the extent to which an audit firm can provide both bookkeeping or accounting preparation and statutory audit services to the same entity. Where independence requirements allow, appropriate safeguards must be in place. Where they do not, we can recommend an independent auditor or provide advisory services alongside your existing auditor.
Need Licensed Audit Services in Dubai?
Connect with our Ministry of Economy licensed audit partners to plan your annual statutory audit, schedule an inventory count, or arrange an agreed-upon procedures review.