Audit Firms In Dubai,Auditing is a systematic examination of books, accounts and related documents of an entity by following auditing standards and obtain an understanding of the entity’s internal control to ascertain how far the financial statements present a true and fair view. Generally managers are preparing the financial statements where the interest of the manager can be different from the owner. In large companies, shareholders appoint directors to run the business and this separation of ownership and control creates the need for external audit. Independent audit will give the owners the required confidence to move ahead.
When you need an Audit
Under normal circumstances Auditing is mandatory when it is required by an investor or lender, when your company “trading hands”, Public offering of shares or as part of various statutory laws.
Business Health check& Auditing
However we encourage a company to do Audit as part of Business health check when they face any of