Spectrum Auditing offers audit and assurance services to meet your business needs. We are registered auditors under the Ministry of Economy, United Arab Emirates providing audit services to comply with regulatory requirements.
Understanding local regulations and sectoral understanding plays an important role in offering suitable solutions.
Spectrum Auditing is also an approved auditor in various free zones
(JAFZA), Dubai Multi Commodity Center (DMCC)
Ras Al Khaimah Economic Zone (RAKEZ) Dubai Silicon Oasis (DSO)
Dubai Technology Entrepreneur Campus – DTEC
Dubai South Free zone (DWC) and various other free zones
In addition Spectrum Auditing is also approved auditor by few banks as bank approved auditors.
Auditing for getting comfort on yearly financial numbers.
Taking various financing facilities including business/ corporate loan from banks and other financial institutions.
Sharing the profits among the partners.
Immigration and visa purpose in various other countries.
Lliquidation, to provide financial statements and group reporting pack for various subsidiary companies to consolidate with their foreign group companies or holding company.
Spectrum auditing also performs audit (Tax Audit) that meets the expectation of tax authorities (Federal Tax Authorities – FTA) with respect to tax law and rules compliance on Value Added Tax (VAT) and Excise Tax.
Spectrum Auditing provides best auditing service across various audit categories. The huge number of companies associated with Spectrum Auditing for various types of audit is a testimony of our achievement.
Explore our array of audit services on offer to get a basic idea of the various audit
services and their importance in running a business of any category
Spectrum Auditing is a partner in your success. Reach us to fix an appointment with our audit expert. Explore our audit portfolio by clicking on each category above.
Audit companies in Dubai perform independent examination/ assessment of businesses' financial records to ensure that they are accurate, complete, and in compliance with Generally Accepted Accounting Principles (GAAP), International Financial Reporting Standards (IFRS), and International Accounting Standards (IAS). Their role is crucial in promoting transparency and ensuring fiscal responsibility in the business sector.
Audit companies in Dubai are regulated by the UAE Ministry of Economy. To perform audits, they must be registered with this ministry. Some audit companies may also be regulated by the Dubai Financial Services Authority if they provide services related to the financial markets.
Yes, many of the top international audit firms, including the "Big Four" - Deloitte, EY, KPMG, and PwC - have operations in Dubai. There are also many reputable local and regional audit firms based in the city.
Audit companies in Dubai conduct various types of audits such as financial audits, internal audits, compliance audits, information system audits, and operational audits. They select the type of audit depending on the client's needs and regulatory requirements.
Consider factors like the audit company's reputation, their experience in your industry, the range of services they provide, and their understanding of local and international regulations. Also, ensure that they are registered with the UAE Ministry of Economy or the appropriate regulatory body.
Yes, many audit companies in Dubai provide services to international clients. They can perform audits that comply with both local and international accounting standards, making them suitable for businesses operating across borders.
The cost to hire an audit company in Dubai can vary depending on the size and complexity of your business, the scope of the audit, and the reputation of the company. It's always recommended to obtain quotes from several companies to compare prices and services.
Hiring a registered audit company ensures that the company is authorized to perform audits and adheres to the standards and regulations set by the governing bodies. This ensures the credibility and accuracy of the audit.
Auditors should have recognized accounting qualifications, such as ACCA, CA, or CPA. They should also have comprehensive knowledge of the UAE's commercial laws and the international financial reporting standards (IFRS).
During an audit, the audit company will review your financial statements and financial information, assess your internal controls, and may test selected transactions in accordance with the International Standards on Auditing (ISA) to verify, whether the entity has complied with the Generally accepted accounting principles (GAAP), International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) and other regulatory requirements. They'll identify any discrepancies or issues and provide a detailed report (Eg: Independent Auditor's report with an opinion to the shareholders (External Audit); an Internal Audit report with their findings and recommendations to the management and other reports according to the clients' requirements).
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