External Audit Services in Dubai, UAE
Your Trusted Partner for Reliable & Transparent Financial Reporting
What is an External Audit?
An external audit is an independent examination of your financial records to ensure accuracy, compliance, and transparency. Our experienced auditors review financial statements, identify irregularities, and provide unbiased reports in accordance with IFRS and GAAP standards.
External Audit Procedures in UAE
- Auditor Appointment: Shareholders appoint a certified external auditor during the AGM.
- Engagement Letter: Auditor accepts the assignment, defining scope and responsibilities.
- Audit Program: Data gathering, IFRS compliance checks, and financial investigation.
- Evidence Collection: Validating policies, verifying assets, and confirming standards.
- Report Submission: Final report with qualified opinion delivered to management.
Our External Audit Process
| Stage | Description |
|---|---|
| Appointment | Certified auditor selected by shareholders in AGM based on qualifications and experience. |
| Engagement Letter | Defines audit scope, objectives, responsibilities, and deliverables. |
| Planning | Risk assessment, IFRS/GAAP compliance checks, and audit program setup. |
| Fieldwork | Document review, evidence collection, asset verification, fraud checks, internal controls testing. |
| Report Submission | Final audit report with qualified/unqualified opinion delivered to management. |
Documents Required for External Audit
- Fixed Asset Invoices & Receipts
- Bank Account Statements
- Payroll Reports
- Loan Agreements
- Ledger & Trial Balance
Why Hire External Auditors in Dubai?
- Unbiased review of financial standing
- Accuracy in financial assessments
- Improved trust with investors and lenders
- Required for trade license renewals and loan applications
- Supports VAT and tax credibility
Our Audit Services Cater to All Business Sizes
🚀 Startups & SMEs
- Financial structuring & cost control
- Compliance & VAT support
- Internal controls & growth advisory
🏢 Medium Enterprises
- Regulatory compliance audits
- Fraud detection & internal audit
- Financial health analysis
🏦 Large Corporations
- Tailored audit strategies
- Group audits & consolidation reviews
- IFRS & GAAP compliance assurance
🔍 Specialized Audit Services
We provide targeted audits for retail, construction, healthcare, hospitality, finance, and more, with sector-specific expertise to match.
Why Choose Synergy Auditing?
- Assurance: We validate your accounting records and provide credible insights.
- Authentication: We ensure your financial position is accurately reflected.
- Local Compliance: Deep knowledge of UAE regulations and free zone requirements.
- Integrity: Builds trust with regulators and the public.
- Accuracy: Minimizes errors and improves future decision-making.
- Fraud Prevention: Prevents deception and non-compliance.
- Expert Guidance: Our team has Big4 experience and multi-sector knowledge.
Need Professional External Audit Services in Dubai?
Contact Synergy Auditing today for trusted, transparent, and fully compliant audit support across the UAE.
FAQs: External Audit in UAE
- How do internal and external auditors differ? Internal auditors assess internal operations; external auditors are independent and evaluate financial statements.
- What are the responsibilities of external auditors? Provide independent audit opinion, detect misstatements, and ensure compliance.
- Is your firm DMCC approved? Yes, we are approved and qualified to audit companies in various UAE free zones.
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What’s the difference between external, internal, and tax audits?
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- External = Independent verification of financials
- Internal = Operational efficiency and internal controls
- Tax = Focused on VAT, corporate tax compliance
- What is a qualified vs unqualified report? Qualified means exceptions exist; unqualified confirms full compliance.
- Can I use an external audit for ICV certification? Yes, qualified audit reports are used for ICV and other government-related filings.
- How long does an audit take? Typically 2–4 weeks, depending on the size and document availability.