ParkerRandall
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External Audit

External Audit

Parker Randall UAE offers comprehensive statutory financial audit services in Dubai, Abu Dhabi, Sharjah and all over the UAE.

Our year-end audit services are to ensure that financial and other information provided by companies are reliable and conform to statutory and International Financial Reporting Standards requirements.

We have a qualified and experienced audit team. Most of our staffs are bilingual in English and Arabic. 

 

Quality Assurance

As a member of Parker Randall International (PRI), a UK based international audit firm, we are provided diverse technical skills, advice and assistance from PRI. Also periodic inspections are done by PRI to ensure that the quality of the audits done by Parker Randall UAE are meet the requirements of PRI.

 

Scope of Audit

Our audit and assurance practice provides both financial statement verification and integrated audit services. Our goal is to improve financial reporting processes and to comply with International accounting and auditing standards.

Our tried and tested approach, together with our multidisciplinary teams and efficient procedures provide the means for your organization to receive auditing & assurance services that meet the highest standards. We guarantee that our service is independent, unbiased, professional objective and technically excellent.

 

Our Accreditation

We are approved and registered auditor with almost all government institutions including ministry of economy, central bank of UAE, RERA, Ministry of Justice, UAE federal courts, Dubai courts, Abu Dhabi courts and most of the big banks in the UAE. Pls visit Memberships and Registrations page for more details.

 

Our stages of the audit include: 

Audit Process Flow Chart

(1) Audit Planning

We plan and perform our audit so as to obtain reasonable assurance about whether the financial statements are free of material misstatements.

(2) Audit Execution

We examine on a test basis all the amounts and disclosures in the financial statements with the supporting documents. Further we peruse the accounting policies and procedures are complied with the required legal and other standards.

(3) Audit Completion

Finally we prepare and approve the auditor’s report and financial statements and express our opinion on financial statements. We present our reports in both English and Arabic languages.

Further we discuss with our clients about the weaknesses what we found during our audit and provide suggestions to overcome those weaknesses and to improve its business and accounting systems.

 

Why Parker Randall?

  • Professionally qualified and experienced auditors
  • Vast industry knowledge
  • Cost effective
  • Compliance to international standards
  • Free advisory

 

 

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