Service details

Audit & Assurance Service in UAE

Audit and Assurance Services in UAE is one of the fundamental services that every organisation requires to keep track of their financial transactions. Our auditing and assurance services in UAE are dedicated to offering transparent and methodical financial statement audits and other assurance services that provide significant insights into your business. Auditing is no longer just a numbers game; it now encompasses more than just reports and approvals to provide a holistic picture of a company. Audit & Assurance Service in UAE is one of the fundamental services that you can’t skip as a business owner or entrepreneur to keep watch of your firm. They guarantee that your company complies with all applicable laws, regulations, and accounting standards. All organisations are required by Emirati legislation to produce an audit report for their services. The audit firm in UAE assists commercial entities in fitting into the Emirati economy and taking care of the essentials to comply with the law. Professional audit services in UAE can help you confirm that your company follows UAE laws, rules, and accounting standards.

Internal Audit Services in UAE

Internal auditing services in the UAE are diverse, including financial performance, compliance, system security, and due diligence audits. Engaging a professional internal auditor in the UAE is the best solution for meeting your company's internal auditing requirements. Accruon Consultant LLC, the foremost audit and assurance provider employs a team of qualified internal auditors in the UAE who provide internal audit services by ensuring that all related services are properly planned and implemented. An internal audit is intended to provide you with a summary of quality and compliance, whether your company requires improvements, what can be done to explore additional possibilities and scopes for the company, and so on. The internal audit focuses on identifying bottleneck areas at each level of operation.

External Audit Services in UAE

A financial statement audit is a third-party examination of an organisation’s financial statements, establishing confidence in the company’s financial reporting. They also evaluate how effective policies and procedures are. External auditors are independent experts who check a company’s financial statements and internal controls and report their findings to shareholders, creditors, and regulators.

Compliance Audit

A compliance audit is a formal evaluation of an organization’s procedures and activities, with the primary goal of determining whether an institution complies with internal rules, regulations, policies, decisions, and procedures. An audit report will cover the audited compliance preparations, security policies, risk management processes, and user access controls. What is the purpose of a Compliance Audit? A compliance audit assesses how well a corporation adheres to internal bylaws, rules and regulations, standards, and even codes of conduct. An audit also investigates the effectiveness of an organization’s internal controls using several types of audits. External organizations, such as regulatory bodies, conduct compliance audits to assess a company’s adherence to industry laws.

Concurrent Audit Services in UAE

Concurrent audit in UAE is the systematic and timely examination of financial transactions at pre-divided intervals decided by the management as per their requirements to ensure accuracy, authenticity, and compliance with procedures and guidelines. Concurrent audit is mostly used to:

Accruon Consultant LLC is one of the leading audit and assurance service provider is home to the most sought-after concurrent audit services in UAE, aiding banks and financial organizations.

IFRS Advisory Services(International Financial Reporting Standards)

IFRS Advisory Services (International Financial Reporting Standards) or International Accounting Standards are important in financial reporting since they are used by governments all over the world to prepare and present financial statements. The International Financial Reporting Standards (IFRS) are a globally established accounting standard that improves the clarity and comparability of corporate accounts. The adoption of IFRS standards will help organizations simplify and improve their accounting operations. When a new standard or revision to existing standards is implemented, the impact of International Financial Reporting Standards (IFRS) on revenue, expenses, assets, and liabilities to an entity must be evaluated to understand the impact on – recognition, measurement, and disclosure on revenue, expenses, assets, and liabilities to an entity.

Fraud Investigation

A fraud investigation audit report can protect a company’s reputation, improve the control system, and rescue it from long-term damage. An internal fraud investigation can assist in the detection of internal fraud, it improves the control system of the organisation and a fraud investigation audit report can protect a company’s reputation and rescue it from long-term damage and serves as factual data that can be utilised as a legal document. As a Fraud Investigation Audit services in UAE, we examine the organization’s allegedly false financial and operational reports, conduct an investigative study to assist the organisation in fraud prevention, write a fraud investigation report based on the findings of the investigation, and provide recommendations for future fraud prevention.

Company Liquidation in UAE

Liquidation of a company in the UAE, also known as winding up, is a process by which a company’s operations and existence are terminated. The closing of a company or the cancellation of a corporation in the UAE is usually referred to as the liquidation of a company or the winding up of a company in the UAE. In the UAE, we offer Company Liquidation Services to all sorts of businesses;

Documents required for the initial liquidation of a company in the UAE are a copy of the license, memorandum of association, copy with all the modifications, power of attorney, resolution of shareholders, shareholder’s passport(copy), a copy of your Emirates ID and application for deregistration. Accroun Consultants, leading audit and assurance service providers deliver appropriate procedures for company liquidation in the UAE. Contact our team for a free consultation on the best way to proceed with the most suited technique.

Free Zone Audit in UAE

The audit in the free zone must be completed to prevent fines and penalties. At the time of renewal of their free zone trade licenses, companies registered in the free zones and holding a free zone trade license must submit an audited yearly financial statement. Companies in the free zone can select their fiscal year based on their needs. However, the chosen financial year must begin on the date of formation and last for at least 6 months and at most 18 months. All enterprises operating in free zones are required to undertake an annual audit and submit it to their relevant authorities. Failure to file an audit report may result in a substantial fine being imposed on a registered business. The audit in the free zone must be completed to prevent fines and penalties. Accroun Consultants is a renowned audit and assurance service in UAE and we are registered and certified with all of the UAE’s major free zones, and we deliver the annual report in the same format that the free zone requires.

Anti-Money Laundering (AML) Audit in UAE

Anti Money Laundering(AML) Audit helps businesses uncover suspicious activity associated with criminal acts, including money laundering and terrorist financing. Guarding your company from falling prey to financial fraud is an extensive task and it takes expert input and effort. Accruon’s efficient team of professional consultants helps protect the monetary aspects of your firm from the potential harm of money laundering and terrorist funding. Primarily we work on the cumbersome task of disentangling and clearing out the hassles involved and cater to the regulatory standards for finance controls. What we offer to you is an impeccable track record and years of experience in anti-money laundering audits done by our global network of experts.

Accruon Consultant LLC is one of the most searched and trusted audit and assurance service in UAE providing services such as statutory audit services, mystery audits, concurrent audits services, quarterly year reporting, forensic audits, sales certification, stock audit and verification, etc apart from tax and VAT services.