Internal auditing services are recommended to identify any weakness in internal controls, operational efficiency or regulatory compliance. Internal audit services in UAE is performed by Certified Internal Auditors, they have in-depth knowledge of internal controls, process & system. It ensures that the company is on the right track by improving risk management & follow international & local guidelines.

Internal Auditors in Dubai works within an organization to keep an eye on the day to day business operations. Internal audit firms in Dubai like AWA Auditors Consultancy offer internal auditors services in Dubai & across UAE to identify risk and advice the improvement procedure to help you achieve the business goals.

External Audit

The external audit is an independent assessment of a company’s financial statements. Audits offer reassurance to stakeholders that the company’s financial statements are free from material errors. External auditors are considered as unbiased professionals to analysis the company financial position & procedures. Getting the accounts audited from external auditors increases the credibility & reduces the risk of improper accounting entries.

External auditors are registered & independent third party that perform an audit of the financial records of the company. AWA Auditors Consultancy are registered auditors in UAE to perform an external audit in compliance with local UAE laws & as per International Financial Reporting Standard (IFRS). The external Audit report is a financial document that helps at the time of dealing with government authorities & local banks.

Tax Audit

As per the Tax Procedures Law (Federal Decree-Law no. 7), a tax audit is a process carried out by the Federal Tax Authority (FTA) to examine the commercial records or any information or data of the taxable persons conducting a business in the UAE. The FTA carries out the tax audit on a taxable person to ensure that the taxable person is complying with the provisions of the UAE VAT Law as well as the Tax Procedures Law. By conducting a tax audit, the FTA ensures that the taxable person has paid all the liability and every tax due is collected and provided to the government within the given time-frame. Tax agents in the UAE who are registered with the Federal Tax Authority assist the companies with pre-audit and post-audit support to ensure VAT compliance. The companies should not approach the tax agents who are not registered with the FTA.

AWA Auditors are registered Firm that offers Tax Auditing Services in Dubai & across UAE. It is always advisable to be ready for FTA tax audit by hiring tax agents to conduct pre-tax auditing.