External Financial Audit in Dubai
Financial Audit Services
A financial audit is the evaluation of a company’s financial statement. The outcome of the financial audit is an attested audit report by the auditor, which demonstrates that the company has provided a true, accurate, and unbiased financial statement.
A financial audit’s goal is to boost a company’s financial condition and performance’s credibility. An organization may be able to gain important and worthwhile insights into the business by using financial audit services.
Parker Russell UAE has earned its place as one of the most trusted audit firms in Dubai and UAE. We will analyse your business transactions judiciously and provide comprehensively prepared observations and conclusions. Besides delivering thoroughly examined and accurate data, we will affirm that the firm is complying with the laid down regulations, policies and laws of the land.
As a member of Parker Russell International, a UK-based international audit firm, we are provided diverse technical skills, advice, and assistance. Also, periodic inspections are done by Parker Russell International to ensure that the quality of the audits done by Parker Russell UAE meets the requirements of Parker Russell International.
Get your Business Audited
Our team of Professional Auditors will gain a thorough understanding of your company and provide you with accurate and timely auditing services.
With years of experience managing hundreds of corporate and personal clients that have trusted our audit opinions.
Parker Russell UAE provides External Audit services in the UAE. Our year-end external audit services are to ensure that financial and other information provided by companies are reliable and conform to statutory and International Financial Reporting Standards requirements.
Types of Financial Statements
Parker Russell UAE provides financial audit services in the UAE by compiling data and demonstrating a high level of assurance that the standards are being followed to during the financial audit operations. The four financial statement audit services we provide are as follows:
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
An income statement is a financial statement that shows you the company’s income and expenditures. Its also known as a profit and loss statement, statement of operation, statement of financial result or income, or earnings statement.
Cash Flow Statement
A cash flow statement, also known as statement of cash flows, is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities.
Change in Equity Statement
Statement of Changes in Equity refers to the reconciliation of the opening and closing balances of equity in a company during a particular reporting period. It explains the connection between a company’s income statement and balance sheet. It includes all transactions not captured in these two financial statements, such as dividend payments, equity withdrawal, accounting policy changes, and corrections of prior period errors.
List of Accreditation and Registration
Importance of Financial Audit Services in Dubai
Conducting financial audits on a regular basis allows you to identify some aspects of the business that have to be addressed. The results of the audit will also determine whether the company’s financial statements are accurate, complete, and compliant with the established norms.
Parker Russell UAE are professional registered auditors in Dubai are dedicated and seek a challenge, and look for opportunity to learn more about business and its procedures in order to uncover significant prospects.
Our Financial Audit Services in Dubai
Internal Audit Services
IFRS Advisory Services
Statutory Audit Services
Our External Financial Audit Process
- Signing Engagement Letter
- Initial Meeting with Client
- Determining Audit Scope & Objective
- Planning Resources & Timing
- Internal Control Review
- Audit Program
- Test of Controls
- Test of Transactions
- Review & Supervisions
- Documentation of Audit working papers
- Draft Reports
- Draft discussion with Client
- Release of Final Audit Report
Get your Business Audited
Office No. 504, Port Saeed, Al Wahda Building, Dubai, United Arab Emirates P.O. Box : 31367
Phone No : +971 4 2959958
Fax No : +971 4 2959945
Email : email@example.com
Office No. M03, Building No. 13, Tourist Club Area, Abu Dhabi, United Arab Emirates, P.O. Box : 48517
Phone No : +971 2 6452666 /6459446
Fax No : +971 2 6454499
Email : firstname.lastname@example.org
Office No. 204, Al Jahili Area, Bldg. No. 137, Hessa Bint Mohamed Street, Al Ain, United Arab Emirates P.O. Box : 48517
Phone No : +971 3 762 4690 / 763 3979
Fax No : +971 2 6454499
Email : email@example.com