Audit Services in Dubai

Nithin N.K

18 November, 2020

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The benefits of auditing are still unknown to many; people still doubt the need for auditing to run a company. Auditing is the technical service to the economy to analyze the performances in the financial position of any company or entity. Auditing requires a lot of logical reasoning and quick application of the mind. It is mandatory for every company to audit their book of accounts in UAE which makes it necessary to avail of audit services in Dubai.

Auditing will help you know the financial state of your company and let you be aware of the risks, such as malpractices on accounts, mistakes in accounting and so. Availing auditing services will let you manage your risks efficiently and double-check your accounts and errors if any. It is natural for people to create mistakes, but auditing will help you be safe of future crisis’ caused due to some manual or technical mistakes. In short, auditing services let you become more vigilant in your accounting procedures, as well as the functioning of the management and save you from further issues.

Many people wonder about the different types of auditing services in Dubai. With the recent addition of Value Added Tax (VAT), the mobs are more curious about knowing the type of services to avail for auditing their book of accounts. There are different types of audit services in Dubai.

Types of audits:

  • Internal audit

Internal audit is a management function conducted by a professional auditor whether in-house or not, who looks into the overall functioning of a company.

  • External audit

External auditors are independent of the entity of which the audit is to be carried out; the external audit is done to reassure the accuracy of financial statements.

  • Forensic audit

A forensic audit is done to establish a fact; i.e., investigating through the process of auditing, whether any fraudulent practices have taken place within the entity.

  • Tax audit

Tax audits are made to analyze the accuracy of tax returns filed. It is a type of compliance audit that is only done to audit the tax files.

  • Compliance audit

Every country requires specific audits to comply with the particular laws and regulations of each nation. It will only be done to analyze those specific needs. VAT audit, income tax audit, are all examples for a compliance audit.

An audit helps in reviewing the whole functioning of an entity, as there is a number of audit services in Dubai made available to you; it is wise to look for an experienced and professional auditor for your company. HLB HAMT provides you with the best audit services in Dubai. We have well experienced and professionally qualified personals to help you in need. HLB HAMT is more than happy to guide you through your journey with our valuable audit services in Dubai.
 

Go to our service page: Audit and Assurance

 

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Mohamed Sheriff
Mohamed Sheriff
16:16 28 Jun 20
Experience with HLB Hamt in audit experience is great pleasure. They deploy well qualified accounts team for audits.... And the amount of checking they perform give the management of the company confidence that internal controls are well in place. We are glad to see they have high standard of audit practices.read more
218141 JOSEPH THOMAS
218141 JOSEPH THOMAS
16:20 23 Jun 20
Professionally managed firm with commitment to the engagements taken. My company and its group are assigning our... requirements for last 12 years to HLB and we don’t have any negative remarks on any assignments.read more
PMI
PMI
07:14 23 Jun 20
In my opinion, HLB Hamt is one of the best professional firms in UAE after big4. Excellent client service, professional... and competent staff and timely delivery are their strength. Over the years they have developed the infrastructure and skill set to handle multiple verticals ie, audit, tax services, consulting, IT support etc.Wishing HLB Hamt team all the very best.read more
RAVI CHOKSI
RAVI CHOKSI
08:28 21 Jun 20
Thank you Team HLB hamt...Your internal auditing team put the good amount of time and inputs in helping the... organisation making considerable improvements throughout the organisational working structure and helps in building the better business.Thanks.read more
Maharajan Subramaniam
Maharajan Subramaniam
18:17 06 Jun 20
High-Performing IT Teams, I'm impressed with the knowledge level of their deputed staff, audit procedures, and... checklist adopted. Mr. Vimal especially understand the requirement and provide solution not only technical feasibility and also considered budgeting. We’re confident in their abilities.read more
Mohammed L
Mohammed L
08:07 05 Jun 20
We have been working closely with them on payroll services for quite sometime.They provide very professional... services,experts in domain and excellent support. Would recommend them.Cheers.read more
ROY ROSHAN VIVIAN
ROY ROSHAN VIVIAN
06:32 04 Jun 20
Very professional team. Vimal has always given us good solution advice for various Software and IT Infra projects. We... are very Extremely satisfied working with him and his team. Wishing them success.read more
Basil Daniells
Basil Daniells
05:55 03 Jun 20
I have worked with HLB as a partner of Sage for about 2 years, they were dedicated to the success of the partnership... and kept aligned with the business plan that was agreed between our two companies. They are always ready to go the extra mile for a customer and don’t shy away from challenging circumstances. Keep up the good work and wish you all the success in the future.read more
Amar Kashyap
Amar Kashyap
19:28 02 Jun 20
Team of well qualified and organised professionals. Their reports are not based on numbers first they will understand... their client and their business. They are highly recommended and trust worthy.read more
Radz de Jesus
Radz de Jesus
16:03 02 Jun 20
We're glad to have found HLB Hamt to conduct the IT audit and risk assessment for our organization. We have learned a... lot from their team during that first project. And since then, we've continued to be in touch with them. Mr. Vimal especially is very good at presenting technical concepts in simple yet interesting ways that non-IT and business people alike would easily catch. We are very happy with the professionalism and quality of service they provide. They leave their clients nothing short of satisfied. Highly recommended.read more
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