We know that there are different rules and regulations for different companies in UAE. Yes, this is very true. The structure of the company, the license company hold, and so many other factors decide the different standards of the company. That is why the auditing standards of different companies are different as well. All the … Read more

Internal Auditing Mechanism In order to check the internal control system of an organization Internal Auditing system was launched conducted with the help of various auditing firms in Dubai. Traditionally Internal Audit functions were set up by corporate management to assess the In-house control system established by management. It acts as a control mechanism to … Read more

A financial audit is a type of objective evaluation of a company’s financial statement reports and reporting processes. The primary focus of financial auditing is to assure the investors, regulators, directors and the managers that the financial statements are complete and accurate. This auditing process provides assurance only, it is not a guarantee. With the … Read more

There are many benefits if your company is audited by regulated auditors. Aside from this, it is also mandated by the government in Federal Law No. 2 of 2015 that every company should have a licensed and registered auditor audit their company. Along with that, it is also important for a company to maintain its … Read more

What is Fraud Auditing? How is Fraud Defined? Fraud is define by the book Managing the Business Risk of scam: A Practical Guide as “any intentional act or omission designed to deceive others, resulting in the victim suffering a loss and/or the perpetrator achieving a gain.” Whose Responsibility is Fraud Auditing? Scam auditing is under the … Read more