KGRN Audit Firms in Dubai, UAE

In the middle of dynamic market conditions, we are keen on attaining organizational benefits. And also adding value to the stakeholders by offering international professional audit firms in Dubai. Therefore, with internationally accepted accounting standards and methodologies.
Top audit firms is a highly difficult process. So, the need for auditors in dubai as an important factor in the financial reporting network. On the other hand, trusted auditors in uae play a vital role.

The worldwide network of accountants & auditors dubai professionals at kgrn associate firms delivers a range of audit and advisory services. To support clients in attaining their business goals, managing their risk and improving their business performance.

Using KGRN audit and assurance services in dubai enables audit experts to deliver the audit service quality and excellence.

KGRN Audit Firms in Dubai- Methods

The audit firms in dubai approach are based on understanding the client, including the industry in which they operate, its organizational structure and its internal control processes. Accordingly, the KGRN top audit firms in dubai process do not contain only verifying data in the financial statements with supporting documentation. And also includes analyzing the client’s business risks in its business environment.

Our talented accountants & auditors dubai examine the objectives of the business. And its strategy and analyzes its business processes, their inherent risks, and related internal controls. The best audit firms in dubai add value by focusing the client’s attention on risk points and highlighting leading practice ideas for improving controls.

How can KGRN Audit Firms In Dubai support business to grow?

The audit firms are an opening to collect a valuable vision into your business without partiality. Auditors report to the company’s shareholders (or members) on whether the annual accounts display a ‘true and reasonable view’ of the company’s financial activity and location. An audit contains of an inspection of the business accounts, including the accounting systems, invoices and other documentation. The auditor will confer their definitions with the appropriate senior management, adding value throughout this process having gained a reasonable thoughtful of how the business operates.
If a company is increasing quickly, it can be helpful to opt for an annual audit, whether or not the above standards have been met. You may wish to do so for the following reasons:

Shareholder reassurance
Planning for sale
Long-term growth / investment plans
Reduce the likelihood of fraud
Organizational review
The company has received Grant funding

KGRN Audit Services in Dubai UAE:

A company is only as effective as the internal control systems it uses and the processes it
employs. Every once in a while, it is beneficial to review your internal procedures to maintain
high efficiency in operations. Hence, audits help companies to ensure that all their internal
controls are in order. Audit firms in the UAE enable companies to maintain compliance by going
through their records and ensuring everything is in place. In this article, we will take a look at the
benefits of Audit Services in the UAE, and how KGRN can help you with the same.

What are Audit Services?

Audit Services in the UAE helps businesses analyze their activities, identify gaps and
ineffectiveness, and reduce wastage of resources. Furthermore, audit services also help
organizations systematically achieve their organizational goals. Audit firms enable all of this by
inspecting the financial records of companies to rule out chances for theft or fraud. Such audits
also ensure that the company is maintaining compliance with Emirati laws and following
applicable regulations and policies. They also provide support to guarantee the accuracy of
reports generated by the business.

Benefits of Audit Services In UAE:

1. Calculates risks and helps in mitigating them
2. Evaluates internal controls of operational systems for departments
3. Helps companies reach their organizational goals and objectives
4. Helps with improving organizational structure
5. Improving the accounting and financial reporting of businesses
6. Ensure compliance with State and Federal regulations
7. Add value to the process of alteration of internal controls, processes and procedures

Steps Involved In Audit Services In UAE

1. In-depth study of existing systems, procedures and controls for a proper understanding
of the company’s needs
2. Suggestions for improvement and strengthening of the systems in place.
3. Confirming compliance with policies, procedures and statutes set up Emirati laws
4. Comprehensive review to make sure that the accounts are prepared following Generally
Accepted Accounting Policies and applicable Accounting Standards/IFRS
5. Checking the authenticity of the expenses booked in funds to ensure financial
compliance
6. Reporting inadequacies at any operational level
7. Detection and prevention of outflows of income
8. Ensure account books and Balance Sheet/Profit and Loss Account match
9. Issue of Audit Reports under various laws

KGRN Audit Services in UAE:

At KGRN, we provide clients with a highly effective, personalized and secure service that covers
every accounting and auditing need your company will have. We bring to all our customer’s
service of the highest quality, ensuring that you never have to worry about maintaining your

records again. Partner with us, and ensure that you stay on the right side of the law by
maintaining compliance at all times!

 

How do auditors in UAE monitor effectiveness?

KGRN audit services in Dubai many purposes, but the principal tasks include:

• Risk assessment
• Process walkthroughs and documentation
• Control assessment
• Testing
• Reporting

Benefits of KGRN Audit Firms in Dubai

• The possibility of the audit is defined by management or the Board
• Audit “reports” straight to management or the Board
• Progresses the “control environment” of the organization
• Brands the organization process-dependent instead of person-dependent
• Identifies severances in functioning and control procedures
• provides recommendations to recover the efficiency and success of procedures
• Works on a timely basis
• It eventually rises accountability within the organization.

KGRN list of audit firms include

Statutory Audit

Following UAE Commercial Companies Law, every company will employ auditors to audit their books of accounts and submit audited financial statements along with the auditor’s opinion.
We provide statutory audit services to ensure full compliance with the Federal law and issue audit opinion which states true and fair views of the state of affairs of the company.

Free Zone entities audit

While renewal of trade license, it is mandatory requirements to submit the audited financial statements to the Free Zone in Dubai authorities such as Jebel Ali Free Zone (JAFZA), Dubai Airport Free Zone (DAFZA), Dubai International Financial Centre (DIFC), Dubai Silicon Oasis (DSO), Hamriyah Free Zone, Sharjah Airport Free Zone (SAIF). It is also essential to submit audited financial statements of the branch of foreign companies registered in the United Arab Emirates. Audited Financial Statements are necessary to submit for the entities under liquidation.
Having a multi-facet experience we also provide audit services for the submission of audited financial statements while ensuring compliance with respective free zone regulatory requirements.

RERA audits

Established in 2007, Real Estate Regulatory Agency (RERA) is the governing body that regulates, formulates the regulatory requirements in the Real Estate sector in Dubai. RERA audits consist of – firstly, the audit of Developers as per RERA regulations which state that the developers have maintained Escrow accounts for each project which are undertaken by them which assist in an assessment of efficiency and effectiveness of the various activities on projects.
Secondly, for the projects which are completed must form an owner’s association following RERA regulations and to maintain an audit of its books of accounts with the submission of audit report annually to RERA. We at KGRN provide the RERA audit services to ensure that the developer complies with applicable regulations as required by RERA and also to provide fair opinion on books of accounts to make a clear picture to owners.

Agreed-upon Procedures

The auditor is to convey out measures of an audit nature to which the auditor and the entity and any appropriate third parties have agreed and to report on factual findings following International Standard on Related Services (ISRE) – 4400. We provide services intending to carry out procedures of audit nature and report on factual findings.

List of audit firms in Dubai

Audit services in UAE offer in the arena of GST, Audit, and Assurance (Statutory Audits, Internal Audits, External Audits, Due Diligence), Taxation Consultancy, Finance, Company Formation and payroll, etc

Big Four Audit Firms

Big Four is the name given to indicate the top auditing companies. KGRN audit services in dubai conduct the audit of many public and private companies throughout the world.
KGRN audit firms in UAE have audit more than 80% of all the public businesses and concentration in other areas such as assurance, advisory, risk management, corporate legal services, tax, vat, financial planning and consulting.

Other best audit services are

• Audit firm in DWC free zone
• Audit firms in jebel ali free zone
• Audit firms in DIFC (Dubai International Financial Centre)
• Audit firms in Dubai airport free zone (DAFZA)
• Audit firms in DMCC (Dubai Multi Commodities Centre)
• Auditors in SIllicon Oasis Dubai

Quality Assurance

Audit and assurance services in dubai are providing various technical skills, advice, and assistance. And also periodic inspections are done to guarantee that the quality of the audits done by audit services in dubai are meet the requirements.

List of Auditors in Dubai

JAFZA Auditors

KGRN is the best JAFZA Auditors.JAFZA is one of the greatest free zones in Dubai and the Middle East area.. Read More JAFZA Auditors

DMCC Auditors

According to the DMCC Approved Auditor Rules (AAR) gave on twelfth January 2017, each DMCC part organization must guarantee that their selected auditors are enrolled. Read More DMCC Auditors

DIFC Auditors

The DFSA, by its risk-based methodology, performs occasional risk evaluations of registered DIFC Auditors dependent on a risk cycle. Read More DIFC Auditors

DAFZA Auditors

DAFZA auditors are one of the most renowned and progressed free zones in dubai. Read More DAFZA Auditors

RAKEZ Auditors

RAKEZ auditors are a power set up to regulate and combine the specific parks and customers of the Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA). Read More RAKEZ Auditors

DWC auditors

DWC auditors – Dubai world central auditors service. Dubai world central (DWC) is an excellently arranged metropolis moving the emirate’s economy into what’s to come. Read More DWC Auditors

Dubai Internet City Auditors

KGRN are best Dubai Internet City Auditors. DIC or Dubai internet city is the biggest organized economic zone in the Middle East. Read More Dubai Internet City Auditors

Dubai Silicon Oasis Auditors

A Dubai Silicon Oasis Auditors full bundle of motivating forces and advantages are given to organizations working inside the free zone. Read More Dubai Silicon Oasis Auditors