Click "Get Started" for a free consultation on Auditing Services in Dubai
We possess a deep understanding of the local business environment and financial regulations. Our team comprises highly qualified and experienced auditors who are dedicated to providing exceptional service and delivering high-quality audits.
Our audit team consists of certified professionals with extensive experience in various industries.
We tailor our audit services to your specific business needs and objectives.
Professionally transit functionalities for covalent alignments. promotion wireless e-business and highly with efficient technologies.
We prioritize the confidentiality of your financial information and maintain the highest standards of data security.
In today’s dynamic business environment, maintaining financial transparency and accuracy is crucial for businesses of all sizes in Dubai. This is where auditing services come into play. A comprehensive audit provides an independent assessment of your company’s financial statements, offering valuable insights to strengthen your financial position and mitigate risks.
We provide a wide range of auditing services in Dubai, tailored to meet the specific needs of your business at NewEra Solutions. Our team of experienced and qualified auditors is committed to delivering exceptional service and ensuring the highest standards of auditing practices.
An audit in Dubai is a systematic and independent examination of a company’s financial statements and records. It is conducted by qualified auditors who assess the accuracy and fairness of the financial information presented in accordance with International Financial Reporting Standards (IFRS), which are widely adopted in the UAE.
Dubai’s specific regulatory environment and business practices may influence the scope and focus of audits. For example, auditors may need to consider the impact of local regulations on financial reporting, such as those related to corporate governance, taxation, and Islamic finance.
Auditing in Dubai is regulated by the UAE Federal Law No. (12) of 2014, which establishes the regulatory framework for auditing and accounting professions in the country. The Ministry of Economy and the Securities and Commodities Authority (SCA) are the primary regulatory bodies responsible for overseeing auditing practices in Dubai.
Dubai mandates companies to appoint a Ministry of Economy-registered auditor. These auditors must adhere to International Standards on Auditing (ISAs) or other approved standards and maintain independence to ensure objectivity.
You can easily schedule an appointment with us and one of our expert will consult you regarding your business needs.
The requirement for an audit depends on the size and legal structure of your business. Generally, large companies and those operating in specific regulated sectors are subject to mandatory audits. If in doubt, check with the relevant regulatory body.
Most businesses in Dubai conduct an annual audit to comply with statutory requirements and maintain financial transparency. However, more frequent audits may be advisable for high-risk businesses or as per specific investor or creditor requirements.
The duration of an audit depends on several factors, including the size and complexity of your business, the scope of the audit, and the efficiency of your financial accounting processes.
The cost of auditing services in Dubai can vary depending on the size of your business, the complexity of your financial operations, and the experience level of the auditing firm.
Stay ahead of the curve with the latest Dubai business news delivered right to your inbox.
Subscribe our weekly news letters.
Welcome to New Era Solutions FZCO, your premier destination for all your business needs in the UAE! We specialize in providing comprehensive solutions to simplify your business operations, from company formation to banking and finance, and tax consultation services.
Copyright © 2024 New Era, All Rights Reserved.
