Auditors in Dubai

Nithin N.K

18 November, 2020

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Every company functioning in the Dubai mainland and free zones are required to maintain the book of accounts for at least five years, which makes it mandatory to audit their accounts. Auditing of accounts will help the entity to have a smooth flow of transactions and will enable the management to identify the malpractices (if any) at the company. Auditing cannot be practiced by anyone; you will need a certified auditor to look into your accounts.

One can find numerous auditors in Dubai who will help you audit your book of accounts. It is extremely important to choose the right auditor for your entity. In order to be an auditor in Dubai, he/she must be a qualified and certified auditor who is licensed under the Ministry of Economy in the UAE.

Auditing might be a tough concept to understand for an outsider, but as someone who runs a company, you are bound to know the procedures of auditing. There are a few steps in the auditing process, beginning from the documents check to the final meeting with the company and the auditor.

The auditing process:

  1. Document check

In the process of auditing, an auditor whether internal or external will provide a list of documents which is to be submitted by the company.

The documents may comprise of legal documents, previous auditing reports, financial statements, ledgers, bank statements, receipts, etc. They might also want the copies of the minutes of the board meetings conducted during the past financial year, the company’s regulations and so on.

  1. Preparation and commencement of audit

The company will be given a date by the auditor for the commencement of the audit; as the auditor prepares for the audit, the company will have to provide with all the necessary documents requested by the auditor, and may even prep up the employees who may be interviewed as part of the auditing process.

  1. Report submission

Once auditing is complete, the auditor submits the audit report with the findings and solutions for the errors found during the process. The report submission is followed by a meeting with the auditor and the management to discuss the findings and the solutions put forward by the auditor.

If you are planning to hire an auditor in Dubai, to audit your accounts, you may as well consider the reputation of the firm, the qualifications and experience of the auditor. Unlike earlier days, everything is systemized and computed with the use of technology, which is why you need to be sure that your auditor is capable of handling the latest technologies available.

The reputation of the firm is the most significant factor to consider while you opt for auditors in Dubai. HLB HAMT has been in the field of accounting and auditing for more than 20 years now. We have well experienced and highly qualified professionals to help you sought out your auditing issues. Our team handles the accounts of our clients with high confidentiality and ensures to provide the best quality services available in the whole of UAE.

Would you like to rate us on Google?         

 

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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