Top Issues Audit Firms in Dubai Experience When Implementing IFRS 16 Leases
IFRS 16 has been effective for some time now. And companies including audit firms in Dubai are numerous questions regarding its implementation. This guide will…
Why Choose Us?
Audit Firms in Dubai
We are the leading audit firm in the UAE that operates under the brand of industry pioneers Farahat and Co.
For over 30 years, Farahat and Co have strategically partnered with domestic and international clients to provide professional and affordable tax, accounting, and business consultation services. Decades of focused experience in problem-solving for companies in the region has helped us rank as one of the leading audit companies in Dubai and the MENA region. We founded Audit firms in Dubai to leverage the scale of expertise in the field of accounting, auditing and financial advisory for Farahat and Co.
Our Audit Services in Dubai
Forensic Audit
Since its inception in 1985 Audit Firms in Dubai have worked closely with companies to curb losses due to fraud and theft by helping them organise their internal controls. Certified forensic accountants with expertise in forensic accounting and auditing analyse complicated financial statements and help determine the accuracy of the data through
their technical skills and experienced judgement. Qualified CPAs help organisations resolve threats and gaps in their operational process by defying internal control measures and setting up a strategy to prevent malfeasance. Forensic audit services by audit firms in Dubai provide analytical reports of compliance violations and accounting irregularities that can be used for presentation in civil and criminal proceedings by the law enforcement of the various government authorities of the UAE.
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Strata Audit
We have conducted strata audits in the UAE for several years. They focus on the critical risk areas saving your time and money. Strata auditing or owners association audit is growing exponentially in the UAE as it has become an international property investment hub for investors. Audit Firms in Dubai as a sub
division of Farahat and Co is among the most preferred auditors of choice for owner association or strata audits in Dubai. So if you need a transparent, accurate and fair financial report of your strata scheme, Audit firms in Dubai have an impeccable record of providing the same even with strict annual general meeting (AGM) deadlines. Our strata management clients have saved tens of thousands of expenses every year, making us one of the preferred auditors by customers choice.
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Real Estate Audit
Real Estate is a very well-known business in the UAE. We advise clients in connection with residential and commercial properties. We hold decades of experience in auditing real estate deals. Our consultation helps minimise the risk during a transaction, debt restructuring and various
development projects; advisory Audit firms in Dubai also helps consult international clients involved in purchasing property in UAE regarding foreign direct real estate investments. A real estate audit is essential to verify and test the documentary evidence, disclosures of the amounts, and supporting financials.
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Statutory Audit
Our best audit team is ranked among the best financial advisors and auditors in Dubai. Statutory audit is the mandatory audit carried out by companies in the UAE as per the government provided timeline. Our experts have a high level of accounting and audit technical skills. We provide fair and transparent financial
information while adhering to international standards and government regulations. Working in the capacity of statutory auditors, we emphasise compliance while evaluating the financial statements in accordance with the generally accepted auditing standards. Being one of the most preferred audit firms in Dubai, we support your organisation to complete statutory auditing within the given timelines and help you mitigate risks and manage resources and critical information.
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Custom Audit
Customised audit solutions provide a business process-oriented audit solution for your firm. Our skilled audit team defines issues in compliance under customised performance criteria. From third-party suppliers to customer loyalty enhancement audits, several areas of the business process that audit firms in Dubai
provide a 360 degree support. To ensure risk associated with specific business functions is recognised and managed cost-effectively. A custom audit is required to develop your company’s brand and maintain its reputation with proper internal controls.
Customised audit reporting allows companies to share accurate and in-depth information about the company’s financial health, thus helping in a better decision-making process. As a market leader, audit firms in Dubai are a prefered choice when it comes to building a custom audit process for an organization.
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Company Audit for immigration to UK, USA and Canada
Immigration audit is conducted for individuals as well as companies. If you wish to invest in your business overseas to Uk, USA and Canada or if you want to migrate, our auditors in Dubai will help you with the immigration audit. You will receive accurate and transparent communication regarding your immigration, investor relations and even employer before you decide to migrate and
invest your capital in a different country. Audit Firms in Dubai have immigration experts working alongside CPA’s who work parallely adhering to the standard legal compliance of the domestic and migrating country. Company Auditing services reduces your risk of financial mitigation when you seek expert consulting from audit firms in Dubai and UAE.
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Audit firms in Dubai are responsible for ensuring the accuracy of a company’s financial statements. Financial statements are audited to ensure that there are no…
Financial Statement Audit Overview