What is Auditing?
An audit is a methodical and sovereign examination of books, accounts, statutory records, documents and vouchers of an organization to make certain how far the financial statements, as well as non-financial revelations, present a true and fair view of the concern. In other words, it is an examination of an existing system, report, or entity.
Auditing and Assurance Service with IOA
Audit and Assurance is the assessment of a company’s accounts to institute trustworthiness with the financial information for the benefit of the owners and shareholders of the company to make better decisions. According to Federal Law No. 2 of 2015 or the UAE Commercial Companies Law, every company is required to allocate a licensed auditor that is registered under the Ministry of Economy for the auditing of their financial affairs.
With a team of certified auditors, IOA offers the complete range of Audit and Assurance services to meet the business needs of the customer in this vibrant global environment. Other than auditing services, IOA offers Bookkeeping Services, Financial Advisory Services, Tax Consultant Services, Internal Audit For Company and other tax-related services.
Need audit and assurance services? Do contact us. IOA experts will ensure that your company’s accounting, auditing and assurance procedures grapple with the market movements and that the stakeholders’ interests are well protected.
Major Reasons for Hiring an Audit Firm:
A reliable and experienced audit firm in U.A.E. will be beneficial for businesses to get the finest accounting, auditing, and assurance services at a reasonable rate. There are various reasons for getting accurate auditing services in U.A.E. Some of them are:
- Fortification against the attempt to defraud investors
- Precision in financial statements
- Proficiency and knowledge
- Absolute loyalty to existing governmental regulation
- Corroboration of internal controls