External Audit Services in Dubai

Qamar Al Ahmar > External Audit Services in Dubai

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Office M06, Al Owais Building 2, UAE

Best External Audit Services in UAE

Qamar al Ahmar has a vast pool of highly qualified external auditors in Dubai. We ensure transparency in your company’s financial statements and promote ethical business practices. 

Our external audit services identify weaknesses in internal audit and control processes to help senior management make more informed operational and investment decisions. As a top external audit company in the UAE, we streamline tax audits and filings. 

A business requires an external audit to – 

1. Ensure the accuracy of the company’s finances 

2. Identify weaknesses in internal operations and divisions

3. Improves the trust factor of the company among stakeholders and investors.

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Why External Audits are Performed in Dubai?

Our external audits ensure you comply with UAE’s laws and regulations and that the financial claims made by your organization are true. Here are some more reasons Why External Audits are performed in Dubai –

Here are some more reasons why internal audits are performed in Dubai -

Optimal Usage of Resources

Internal audits help you identify resources that are underutilized or not fully leveraged. Management can maximize the usage of such resources. As a result, they gain better control over expenditures and costs.

Validate Accounting Information

Qamar al Ahmar team of external auditors are skilled and qualified professionals who evaluate and improve the client’s business processes to decrease the problems caused by improper financial data. Since they are not associated with the company, they can provide completely unbiased suggestions and add neutrality to the audit report.

Check for Errors

A small error or discrepancy in your financial statements can create a huge issue if it goes unnoticed. External auditors help businesses find errors in their financial statements before they are presented to investors or stakeholders. As soon as auditors find any misinformation, they provide guidance to correct those errors.

Ensure Transparency

As external auditors are not part of the in-house team, they are more reliable. An external audit report enables transparency and ensures stakeholders that the financial statements are accurate. It improves the trustworthiness and credibility of the organization.

Fraud and Malpractice Prevention

External audit services help you find any discrepancies in the financial statements. By tracking the discrepancies, you may find fraud or financial malpractices in your company. External auditors help you find such fraudulent activities quickly and maintain transparency in your financial records.

Ensure Compliance

External audits are mandatory for the annual renewal of your trade license in the UAE. As the UAE government introduced VAT and CIT, regular external audits ensure compliance and eliminate any legal issues.

Expert Bookkeeping Services We Offer

As a top accounting and auditing firms in Dubai, UAE Qamar al Ahmar Auditing provides a number of services to help you smoothly run your business. We proudly stand among some of the top-tier agencies in the UAE that offer bookkeeping services.

Our expert bookkeepers cover a wide range of day-to-day bookkeeping services to manage all your financial needs.

Flowchart of External Auditing in Dubai

Our external audit services in the UAE follow a systematic approach. You also need specific documents for the external audit procedure. You have to keep the following documents ready before the audit.

Why Choose Qamar al Ahmar for External Audit Services in Dubai

Qamar al Ahmar offers comprehensive external audit services in Dubai, UAE to improve your business operations. We follow all external audit guidelines and provide accurate audit reports that reduce any risk caused by wrong data.

By selecting us, you select –

Are you ready to take action now?

Expertise

Our external auditors are all certified professionals with years of experience who do their work responsibly and ethically.

Ease

Get in touch with the Qamar al Ahmar team of external auditors in Dubai for ease execution of accurate assessment of the competence of your internal control environment.

Clarity

We would provide you clear insights through our external audits.

Frequently Asked Questions

The Commercial Companies Law requires all businesses on the mainland to conduct periodic external audits. You need external audit reports for a number of legal activities, such as the annual renewal of the trade license in Dubai, UAE.
The cost of an external audit depends on a number of factors, such as the size of the organization and the scope of the audit. There are other factors as well that could influence the overall cost of the audit, such as internal compliance.
A qualified audit report is a modified report where an auditor gives subjective clearance, indicating the financial statements do not contain any discrepancy. An unqualified report means that most financial claims are fair and accurate, but there could be some minor issues.
Free zone companies require an external audit report when they apply for a loan or trade license renewal.
Licensed audit firms registered with the Dubai Financial Services Authority (DFSA) or the Dubai Municipality are legally allowed to provide external audit services in Dubai. The firms must meet certain requirements, such as having certified external auditors and practicing professional standards and ethics.