13+ YEARS

Auditing Services
in Abu Dhabi

We perform independent audit work for Abu Dhabi businesses that need financial evidence, tested controls, and a clear report for regulators, banks, shareholders, or management.

13+ YEARS OF UAE FINANCIAL EXPERIENCE

4.9/5 EXCELLENT
  • Independent Audit Work
  • Risk-Based Testing
  • Abu Dhabi UAE
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Get The Right Audit For The Requirement

Match the assignment to the reporting, control, transaction, or regulatory issue that needs independent examination.

A Defined Audit Purpose

Management knows whether the work addresses financial statements, internal controls, inventory, a transaction, or another specific reporting requirement.

Evidence That Can Be Reviewed

Findings and conclusions are based on tested records, reconciliations, documents, confirmations, and explanations rather than assumptions.

Better Stakeholder Confidence

An independent report gives banks, shareholders, boards, and relevant authorities a clearer basis for reviewing the information presented.

Practical Process Improvements

Audit observations can identify weaknesses in records, reconciliations, approvals, or control activities that affect the reliability of business information.

Audit Services We Deliver

Independent audit and review work for Abu Dhabi companies with financial, operational, control, and reporting requirements.

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Audit Requirement Assessment

Identify the audit purpose, reporting framework, authority requirements, and intended report users.

Financial Statement Audit

Examine financial statements, material balances, disclosures, and supporting accounting evidence.

Internal Control Review

Test selected controls, approval processes, reconciliations, and evidence of operation.

Operational Process Audit

Review how key processes operate across people, systems, records, and approvals.

Inventory Verification Audit

Compare physical stock with inventory records and document material variances.

Special Purpose Review

Perform agreed audit work for transactions, contracts, lenders, shareholders, or management.

Audit Evidence Coordination

Organise requested schedules, supporting documents, reconciliations, and management explanations.

Audit Reporting And Closure

Discuss findings, complete reporting requirements, and document agreed follow-up actions.

Audit Work Built Around Evidence

Ahmed Mahfoudh Chartered Accountants & Auditors has more than 13 years of UAE financial experience. We begin by establishing the purpose of the audit and the requirement behind it. An Abu Dhabi business may need audited financial statements, an internal control review, inventory verification, or a focused review for a bank, shareholder, contract, or authority. The work is then planned around the relevant risks, records, and reporting criteria. We keep the process clear so management understands what is being examined and why.

Define The Assignment Before Testing

Businesses can waste time and money when they commission a general audit that does not meet the actual reporting requirement.

AMC Sami Abdallah Partners team
We identify the required audit

We confirm who will use the report, what decision or filing it supports, the entity type, applicable framework, and the period under review. This matters because an ADGM statutory audit, a bank request, and an internal control review have different audit scopes and deliverables.

We test records against activity

We compare accounting records and control documents with the transactions and processes they are meant to reflect. Testing may involve invoices, contracts, bank records, system reports, inventory counts, approvals, reconciliations, and management explanations, depending on the assignment.

We raise important matters clearly

Where evidence is missing, a balance is unsupported, or a control is not operating as expected, we explain the point and request clarification. Significant matters are discussed with management before reporting so factual support and proposed corrections can be considered.

Abu Dhabi Audit Support

Independent audit work for businesses, boards, finance teams, and stakeholders with reporting requirements.

Abu Dhabi Companies Requiring Audit Evidence

These finance and business leaders needed an organised, independent review of financial information and controls.

Auditing Questions In Abu Dhabi

Answers on audit types, eligibility, evidence, standards, timing, reporting, and what happens when issues are found.

What does an audit examine?

An audit examines information against defined criteria and gathers evidence to reach a conclusion or opinion. The scope may cover financial statements, controls, operations, inventory, transactions, or a specific reporting requirement.

Which audit does my business need?

The requirement depends on your entity type, licence authority, business activity, stakeholders, and intended use of the report. ADGM companies, government-related entities, lenders, shareholders, and free zones can each require different audit work.

Are audits required for Abu Dhabi companies?

Not every Abu Dhabi mainland company has the same statutory audit obligation. ADGM companies generally require audited annual accounts unless an exemption applies, while entities under the Abu Dhabi Accountability Authority mandate follow separate authorised-auditor requirements.

When are audited statements required for tax?

Under Ministerial Decision No. 82 of 2023, taxable persons with revenue above AED 50 million must maintain audited financial statements. Qualifying Free Zone Persons claiming the 0% Corporate Tax rate must also maintain audited financial statements.

What information will auditors request?

Requests commonly include trial balances, ledgers, bank statements, reconciliations, invoices, contracts, payroll records, inventory reports, fixed-asset schedules, and tax records. The exact request list follows the audit objective and material risk areas.

Which standards are used for financial audits?

Financial statement audits are generally performed under International Standards on Auditing and report against the applicable financial reporting framework, often IFRS Accounting Standards. ISA uses materiality and risk to determine the nature and extent of testing.

Does auditing guarantee no errors?

No. An audit provides reasonable assurance, not absolute assurance, because it uses risk-based procedures and sampling. Management remains responsible for preparing financial information and maintaining appropriate controls.

What happens if an issue is found?

We discuss the evidence, request management’s explanation, and consider whether an adjustment, disclosure change, or control action is needed. A material unresolved issue can affect the final report or opinion.

How long does an audit take?

Timing depends on the audit type, reporting deadline, record quality, locations, transaction volume, and response time to requests. Reconciled accounts and organised schedules usually reduce delays during fieldwork.

How are auditing fees set?

Fees depend on the entity structure, audit purpose, reporting framework, financial complexity, locations, records, and testing required. A full financial statement audit requires broader evidence than a focused inventory or control review.

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