Audit procedure followed by audit firms

Audit procedure followed by audit firms

Alkhadim LLC is an emerging professional Auditing, Accounting and Management advisory firm in the UAE and also one of the most trusted audit firm in Abu Dhabi and UAE by leveraging industry experience and technical proficiency in a range of financial specializations, including auditing, accounting and VAT registration services in Dubai to provide business solutions which helps you to grow business. The Services offered by Our company, Investment & Incorporation Services, Assurance Services, Financial & Business Advisory, Performance & Risk Advisory, and Compliance & Consulting Services. We are headquartered in Sharjah, with a team of well qualified and experienced professionals. We offer holistic solutions in multiple domains to assist our clients with doing Better Businesses ? Globally. Our Audit firms in Dubai carries rich experience in advising a range of overseas investors to set up businesses in the UAE, particularly, Dubai. Every business is different or every business has similar needs. Every business needs an auditor who understands their trade and does not just rely on ticking boxes and filling checklists. A good, unbiased or independent audit can help when dealing with investors or partners. Our Company offer quality audit and assurance services in Dubai, Sharjah Audits can be both internal and external. The purpose of the external audit is to enable the auditor to express his opinion on the financial statements of the company that is prepared by the company?s management and presented for audit. The basic reason behind an audit is to make sure that all employees are following the rules, regulations, and policies set by an organization. Benefits of hiring expert Audit firm in Dubai? You cannot just go out and hire someone out of the blue. No one wants their business to bear any kinds of financial losses. When you are struggling with hopes to keep everything fine with regard to your dream venture, you will not settle for anything less and we know you will research a lot to find the best Auditing Services in UAE. Audit Firms in Sharjah following these kinds of services: Bookkeeping Services Tax Accounting VAT Consultancy VAT Registration and more? Companies follow the Audit Process in UAE There are below steps that should be done in order to have a successful audit process in any company. Preparation of Documents When an agreement between a company and a third-party firm with regard to an external audit that will commence in a given date, the third-party firm that will provide an auditor will request for documents. There can be a checklist that will be given to a company for the upcoming audit that has all the documents will be prepared for the audit. The papers that may be needed are a copy of the previous audit report, financial statements, bank statements, receipts, etc. There may be other documents that may be requested by an auditor. Some of them may be copies of minutes of board