BOARD OVERSIGHT

Corporate Governance Audit
in Sharjah

We review how your board, committees, policies, approvals, and reporting work in practice, then document where governance needs strengthening.

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  • Board Review
  • Policy Assessment
  • Sharjah, UAE
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Governance You Can Evidence

Make board oversight, accountability, and decision-making easier to review, explain, and improve.

Clearer Board Responsibilities

Directors and management have a more defined view of who approves what, who monitors risk, and where oversight belongs.

Better Decision Records

Board decisions, delegated authorities, and key approvals are documented more consistently, reducing uncertainty after significant actions are taken.

Stronger Conflict Handling

Conflict-of-interest processes are reviewed so declarations, recusals, approvals, and related-party decisions are not handled informally.

Actionable Governance Findings

The report separates established strengths from gaps that need attention, allowing the board to prioritize realistic improvements.

Governance Audit Scope

The review examines the framework on paper and the evidence showing how it operates.

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Governance Framework Review

Review the company’s governance structure, governing documents, policies, and oversight arrangements.

Board Role Assessment

Assess board responsibilities, meeting structure, decision-making, and oversight of management.

Committee Review

Review committee mandates, membership, reporting lines, meeting records, and delegated responsibilities.

Policy Gap Assessment

Assess governance policies covering approvals, ethics, conflicts, whistleblowing, and accountability.

Conflict Process Review

Review conflict declarations, related-party processes, recusals, and records of relevant board decisions.

Delegated Authority Review

Review approval limits, management authority, escalation routes, and evidence of delegated decisions.

Minutes And Records Review

Examine board minutes, resolutions, attendance records, action tracking, and decision documentation.

Governance Audit Report

Prepare findings, evidence, risk observations, and practical governance improvement recommendations.

Board Governance Review

Ahmed Mahfoudh Chartered Accountants & Auditors conducts corporate governance audits by examining what the company says it does and what its records show it actually does. I review board mandates, meeting materials, committee terms, policies, delegated authority, and decision evidence. The result is a focused view of the current governance position, not a generic policy pack. For listed public joint stock companies, UAE Securities and Commodities Authority governance rules set specific requirements; other Sharjah businesses need a review suited to their legal form, ownership, and regulatory environment.

How Governance Is Examined

Many companies have written policies but cannot show that the board follows them consistently.

AMC Sami Abdallah Partners team
The applicable framework comes first

The review begins with the company’s legal form, ownership structure, regulated status, constitutional documents, and existing governance commitments. A listed public joint stock company faces different UAE governance requirements from a privately held company or family-owned business.

Policies are checked against evidence

Board charters and governance policies are compared with meeting minutes, resolutions, attendance records, conflict declarations, committee reporting, and approval evidence. This identifies whether a control exists only on paper or is being applied in actual decisions.

Findings are written for directors

The final report distinguishes observed evidence, governance gaps, and recommended actions. It is written to help the board decide what to address first, rather than leaving directors with broad statements about transparency or accountability.

Governance Review Support

Independent review for Sharjah boards seeking clearer oversight and decision processes.

What Sharjah Boards Found Valuable

These directors and governance leads needed an independent view of how their framework was working.

Corporate Governance Audit Questions

The practical points boards should settle before a governance review begins.

What is a governance audit?

A corporate governance audit reviews how a company is directed, overseen, and held accountable. It can assess board roles, committees, policies, delegated authority, conflicts of interest, risk oversight, and decision records.

Which companies need governance reviews?

Listed public joint stock companies must meet governance requirements set by the UAE Securities and Commodities Authority. Private companies, family businesses, regulated entities, and growing groups may also need reviews because their shareholders, lenders, regulators, or boards require stronger oversight evidence.

Is this a financial statement audit?

No. A corporate governance audit reviews governance arrangements and evidence of oversight, not whether financial statements give a true and fair view. A financial statement audit is a separate engagement with different standards and reporting requirements.

What documents are reviewed?

Documents can include constitutional documents, board and committee charters, policies, minutes, resolutions, registers of interests, approval matrices, risk reports, and action trackers. The document list is set after confirming the company structure and review scope.

Are board interviews included?

They can be included where the scope requires evidence beyond written records. Interviews help compare formal responsibilities with how decisions, escalation, conflict declarations, and committee reporting work in practice.

How long does a governance audit take?

Timing depends on the number of board and committee records, legal entities, policies, and interviews involved. The review plan should identify the reporting period, documents required, and expected reporting date before work starts.

What happens if gaps are found?

Findings are documented with the evidence reviewed, the governance area affected, and recommended actions. For regulated companies, a gap may need to be assessed against the applicable regulator’s rules, including SCA or Central Bank requirements where relevant.

Can you create governance policies?

Yes, policy development can follow a governance audit where the findings identify missing or outdated documents. The policies should match the company’s ownership, board structure, delegated authority, and applicable UAE requirements.

How is a governance audit priced?

Fees depend on the company’s legal form, regulated status, number of entities, board and committee structure, records available, and scope of interviews. A single-board private company is scoped differently from a group with multiple committees and regulated activities.

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