- 0509827955
- info@silveroakauditing.com
Auditing Services in UAE
Auditing is a crucial process that evaluates an organization’s financial records, systems, and procedures to ensure accuracy, reliability, and compliance. It involves an independent examination and verification of financial statements, transactions, and internal controls by a qualified auditor. The primary objective is to provide stakeholders with assurance regarding the integrity of financial information, enhance transparency, detect fraud, identify operational inefficiencies, and promote good governance practices. Silver Oak Auditing and Accounting, a leading provider of comprehensive auditing and accounting services in Dubai, offers a team of skilled professionals dedicated to delivering excellence in their work.
Auditing services For Mainland business
Professional auditing services for mainland businesses in the UAE, ensuring compliance, transparency, and accurate financial reporting to support informed decision-making and meet regulatory requirements.
Auditing services For FreeZones business
We are a professional and registered Chartered Accountant Firm in Dubai, assisting our clients with auditing and accounting services. We are an authorized auditor in UAE Free zones
Best Auditing Services in Dubai
Silver Oak offers auditing services in Dubai, focusing on increasing the trustworthiness of financial information for investors, creditors, and other stakeholders. With strong local expertise and a worldwide attitude, they serve large, medium-sized, growth-oriented, and complex organizations in the UAE. Their audit services are based on professionalism, ethics, quality, and diligence, aiming to improve operations and provide valuable information for clients.
Our auditing firm offers top-notch and distinctive audit reports and professional services to meet various business needs. We offer the best auditing services in the UAE, ensuring accuracy and transparency through financial audits.
Types of Auditing Services
- Financial audit
- External audit
- Internal audit
- DMCC Audit
- Tax audit
- ICV audit
- Stock audit
- RERA Audit
- IT audit
- Sales Audit
- Forensic audit
- Due Diligence audit
- Risk management audit
- Statutory audit
- Liquidation audit
- CorporateTax Audit
External Audits in Dubai
We conduct independent and thorough external audits to ensure the accuracy and reliability of financial statements. Our auditors meticulously examine financial records, transactions, and internal controls to provide reliable assurance to stakeholders.
Financial Statement Audit
We specialize in performing financial statement audits in compliance with international accounting standards. Our auditors carefully analyze financial statements, disclosures, and supporting documentation to ensure accuracy and compliance.
Compliance Audits
We assist businesses in meeting regulatory requirements and industry-specific compliance standards. Our compliance audits help identify areas of non-compliance and provide recommendations for corrective action.
Special Purpose Audits
We offer specialized audit services for specific purposes, such as due diligence, fraud investigations, and forensic audits. Our expert auditors employ advanced techniques to uncover irregularities and provide comprehensive reports.
Audit-Related Services
In addition to traditional auditing, we provide various audit-related services, including agreed-upon procedures, reviews, and compilations. These services cater to specific client needs and offer valuable insights into financial processes and controls.
Registered Chartered Firm in UAE
Benefits of Auditing Services in UAE
Auditing services in the UAE are complex and comprehensive, requiring companies to undergo annual audits. These services involve an impartial assessment of an organization’s financial report by an external party, providing an accurate and unbiased view of management’s financial information. Top auditors in Dubai engage in discussions with the requesting party to define the audit’s scope, ensuring independence from management and objective functioning. Registered auditors in Dubai must comply with national rules, guarantee the accuracy and transparency of financial records, prepare financial statements following International Financial Reporting Standards, and consider free zone-specific regulations.
Documents Require for Audit Starting Process
Auditing services in the UAE are complex and comprehensive, requiring companies to undergo annual audits. These services involve an impartial assessment of an organization’s financial report by an external party, providing an accurate and unbiased view of management’s financial information. Top auditors in Dubai engage in discussions with the requesting party to define the audit’s scope, ensuring independence from management and objective functioning. Registered auditors in Dubai must comply with national rules, guarantee the accuracy and transparency of financial records, prepare financial statements following International Financial Reporting Standards, and consider free zone-specific regulations.
- Bank statements
- Confirmation of credit/debit transactions recorded in the Books of
- Accounts Invoices for purchases and sales Trade License,
- Memorandum of Association (MOA),
- Articles of Association (AOA)
- VAT Certificate Expense details
- KYC Documents
The auditing procedure has been completed for the start of the audit process.
Audit Planning: The auditor plans by reviewing past audits, researching specialized literature, and examining relevant rules and regulations for developing a basic audit program.
Field Work: The process involves conducting necessary tests and interviews with the relevant departmental employees.
Report Drafting: After conducting fieldwork, a report detailing the audit’s scope, objectives, background information, detected results, and recommendations for improvement or correction is prepared.
Audit review from the Management: The management of the section being evaluated will receive a draft audit report for evaluation and feedback on recommendations, including plans for corrective action.
Verify Audit Compliance: The department management will attend a meeting to review and discuss the audit report, provide questions, and present results of extra audit methods not addressed in the final report.
Submission of Audit Report: The final audit report and management’s views are submitted to departmental staff, the President, the Provost, the Chief Financial Officer, and the external accounting firm associated with CWRU after the closing meeting.
We are registered auditors in UAE
- DSO (Dubai Silicon Oasis)
- DAFZA (Dubai Airport Free Zone)
- HFZ (Hamriya Free Zone Authority)
- DMCC (Dubai Multi Commodities Centre)
- DIFC (Dubai International Financial Centre)
- SAIF (Sharjah Airport International Free Zone Authority)
- JAFZA (Jebel Ali Free Zone)
All other free trade zones and Mainland
Why Choose Silver Oak Auditing and Accounting?
- Our Expertise:
Our team consists of qualified and experienced auditors with in-depth knowledge of auditing standards and regulations. We stay updated with the latest developments in the field to ensure the highest level of professionalism and accuracy. - Tailored Solutions:
We understand that each business is unique, and we offer customized solutions to meet specific requirements. Our flexible and adaptable audit approach ensures we address your organization’s needs. - Timely Delivery:
We value your time and strive to complete audits within agreed-upon timelines. Our efficient processes and dedicated team ensure you receive timely and reliable audit reports. - Client-Centric Approach:
We prioritize building strong client relationships based on trust, integrity, and open communication. We actively engage with clients, listen to their concerns, and provide practical recommendations to improve their financial processes. - Confidentiality:
We handle all client information with the utmost confidentiality and adhere to strict data protection protocols. You can trust us to maintain the privacy and security of your financial information.
Top Auditors in Dubai
Silver Oak Auditing and Accounting is a team of financial auditors and accountants in Dubai with extensive knowledge of accounting and auditing. They work with clients to build a strong bond and provide personalized services to suit their financial needs. With over 13,000 audits and accountings in 9 years, they are committed to governance, ethics, and compliance. Silver Oak Auditing and Accounting, along with its Audit Division, is a registered entity that provides accounting services in Dubai and is qualified to conduct statutory audits for management, government bodies, banks, and free zones. They offer proactive solutions for improvement and assist with audit reports for license renewal and other essential purposes.