Choosing an audit firm in Dubai is not simply about comparing fees or searching for the “best audit firms in Dubai.” The auditor must be legally eligible to perform the engagement, accepted by the relevant licensing authority and capable of…

Annual accounts are not simply documents submitted after the financial year closes. For companies established in Abu Dhabi Global Market, they form part of a wider statutory framework covering financial reporting, audit, governance, record-keeping and regulatory compliance. The directors are…

Internal audit is being asked to address a broader and more complex risk agenda. For UAE organisations, the function increasingly extends beyond financial controls to operational resilience, technology, third-party relationships, regulatory compliance and the quality of information available to management…

UAE regulators continue to raise the bar on corporate governance, financial transparency, and risk management. With increasing scrutiny from authorities like the Federal Tax Authority (FTA), Abu Dhabi Accountability Authority (ADAA), and free zone regulators, businesses face higher expectations for…

The UAE’s retail landscape has become one of the most sophisticated in the world, operating in a highly competitive and regulated environment; a sales audit for UAE malls is no longer just a financial exercise. It has become a critical…

Across many UAE businesses, internal audit is viewed as a future improvement rather than a current necessity. As companies grow, risks from regulations, operations, and fraud can outpace leadership oversight, making robust controls essential for effective management.  Under Federal Decree-Law…

UAE’s free zones are typically based on a regulator-centric approach to compliance where each authority performs all three functions of registrar, licensing, and compliance enforcement. In general, the flexibility offered by free zones to carry out business activities is compensated…

JAFZA Approved Auditors Jebel Ali Free Zone (JAFZA) is one of the world’s largest and most known free zones, situated in Dubai, UAE. Established in 1985, JAFZA is an important player in the region’s commerce and logistics industry, providing a…

How To Prepare For Your Annual Audit? Best Practices For UAE Businesses As most of the businesses in UAE approach the end of the fiscal year, it is crucial to prepare for the annual/yearly audit. This is the right time…

The Public Company Accounting Oversight Board (PCAOB) recently proposed new updates requiring auditing firms to provide specific information regarding their audit practices on an engagement and firm level, expanding the public reporting.  Audit Firms that work with accelerated filers and …