External Audit in the UAE
Parker Randall UAE is a provider of external audits in the UAE. Our year-end external 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. Also, all of our staff are bilingual in English and Arabic.
As a member of Parker Randall International (PRI), a UK-based international audit firm, we are provided diverse technical skills, advice, and assistance. Also, periodic inspections are done by PRI to ensure that the quality of the audits done by Parker Randall UAE meets the requirements of PRI.
Scope of External Audit
Our audit and assurance practice provides both financial statement verification and integrated audit services. Above all, 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 provides the means for your organization to receive auditing & assurance services that meet the highest standards. Therefore, We guarantee that our service is independent, unbiased, professional objective, and technically excellent.
We are approved and registered auditor with the following government institutions:
- Ministry of Economy
- The central bank of the UAE
- Ministry of Justice
- UAE Federal Courts
- Dubai Courts
- Abu Dhabi Courts
- Most of the big banks in the UAE
Pls, visit the Memberships and Registrations page for clarifications.
Our Stages of the External Audit
Firstly, We plan and perform our audit so as to obtain reasonable assurance about whether the financial statements are free of material misstatements.
Secondly, 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 to comply with the required legal and other standards.
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 that 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
- Compliance with International standards
- Free Advisory