Auditing is one of the very quintessence components of accounting. For an organization to run smoothly, proper maintenance of its account books along with fair representation of the different financial statements is a basic requirement. An audit involves evaluation of an organization, project or enterprise and is mainly associated with gaining information about financial records and systems of a business. The work progress of an organization is ascertained on a test basis to express an opinion of the organization. Financial audits are very crucial as they help to ascertain validity & reliability of information along with providing an assessment of a system’s internal control. Audits must adhere to generally accepted standards established by governing bodies so as to assure the external users about the fairness of financial statements as well as auditor’s opinion.
Different countries have different norms and standards related to auditing. A company therefore requires auditors having ample knowledge about the audit standards of that particular country. In Dubai it is very important to hire the services of a professional audit firm so as to ensure a high level of accuracy in the audit process. Moreover, specialized audit firms in Dubai and auditors in Dubai are well aware of the legal compilations & corporate laws of the country. They can therefore, carry out the process which is as per the prescribed standards & norms. Dubai audit firms try to ensure that the client companies gain most out of the audit by highlighting the problems and providing the necessary guidance. There are also specialized internal auditors Dubai who take care of the internal audits of an organization. Using the latest technology and computerized audit tools, the statutory auditors Dubai prepare reports that are both useful and understandable.
In order to improve the efficacy of the audit, due emphasis is paid on the specific business sector in which the organization is functioning as well as key issues faced by it. Small sized enterprises can even hire freelance auditors in Dubai who deliver their services for a fee. Auditors Dubai can perform interim and full time internal audits wherein internal control structures are assessed and adherence to operational procedures is safeguarded. The reports prepared by professional auditors in Dubai are as per the projected auditing and reporting standards. Corporates can seek advice on the quality & effectiveness of the control environment within the organization. Dubai audit firms also help in identifying the areas which require improvement and implement such strategies that can help in improving organizational objectives and make successful contribution to the business.
The services of professional accounting or audit firms are highly sought after in other parts of UAE as well like Abu Dhabi. A simple online search can help you obtain the list of auditors in Dubai, Auditors in Abu Dhabi, auditors in Free Zones Dubai, JAFZA Auditors, JLT Auditors, DMCC auditors, auditors RAK and list of auditors Jebel Ali. One of the most dependable auditors in UAE is Jaxa Chartered Accountants. Providing a host of accounting and audit services, the company has created a name for itself in a short span of time. To know more, visit http://www.jaxaauditors.com.