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DMCC Companies audit – deadline to submit the Audit report

DMCC Companies audit – reminder on deadline to submit the Audited Financial Statements (AFS)/ audit report for the year ended 31 December 2019 by all the companies in DMCC

DMCC has sent the following reminder with respect to submitting the Audited Financial Statements for the year ended 31 December 2019 by all the members of DMCC on or before 27th September 2020 to avoid any issues.

“Please be advised that as communicated to all DMCC member companies it was agreed that the latest date for submission of 31st December 2019 AFS for applicable DMCC member companies would be 27th September 2020.

In this respect, we would be grateful if you could ensure that the audit for all such companies is satisfactorily completed and correctly submitted by 27th September 2020.

As previously advised to member companies, all companies not submitting their AFS by this date will incur a sanction on their portal account, and therefore may not be able to submit any form of request including renewal of license until AFS has been submitted.”

Spectrum Auditing is a DMCC approved auditor to be able to perform the audits of any DMCC member company in line with the requirements of DMCC. These financial statements are audited by following the International Financial Reporting Standards (IFRSs) and International Standards on Auditing (ISAs) issued by the International Federation of Accountants (IFAC) through the International Auditing and Assurance Standards Board (IAASB).

Spectrum Auditing team is well equipped to be able to advise and take care of your requirements of any financial audits in UAE.  and we are one of the DMCC approved auditors in the UAE. If you need any assistance on complying with any requirement or require further information on it, reach out to us on +97142699329 / +971509866466 or [email protected]

useful links:

Key stages of standard auditing process

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Balaram Vuchidi

Managing Director
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