The basic objective of a financial statement audit is to provide an independent or third-party assurance that the management has presented a “true and fair” view of a company’s financial performance in its statements, mostly demanded by Banks, Investors, and Borrowers.

We accomplish our goals by assessing the audit risks, carrying out in-depth audit procedures, collecting documents, gathering enough audit evidence, and formulating our opinion based on our exhaustive analysis while maintaining professional skepticism and due diligence.

In the UAE, it is mandatory for an external party to analyze and assess the accuracy of a company’s financial reports and financial statements in order to ascertain whether the company gives a fair and accurate portrayal of its financial position.

We will make sure that your internal controls, IT system, buying and selling procedures, and other processes are sufficient and error- and fraud-free. Based on a statistical analysis carried out by our auditing software, a sample will be taken for various departments and classes of accounts. Based on this sample, audit procedures will be carried out to guarantee that all the transactions and entries are correct, complete, and error-free.

This service is a crucial tool used by management to continuously monitor and oversee business operations. An internal audit conducted by an external professional firm, such as ours, ensures that you will obtain the best outcomes possible, owing to our expertise, independence, and professional competence to assess and provide unbiased findings.

This service involves our firm examining a company’s financial documents to aid in decision-making and gauge the overall health of an enterprise. We provide limited assurance that an entity’s financial statements do not require major revision to comply with the applicable financial reporting framework (such as GAAP or IFRS).

This is a review of the tax returns filed by an individual or business entity to determine whether the information is accurate and per the relevant tax laws. Occasionally, tax audits are also carried out as part of a health check-up to evaluate the compliance risks to the company and ensure compliance with tax laws.

A systematic approach for assessing an organization’s operational effectiveness, efficiency, and economy. Leading business houses in the UAE have had extensive operational audits performed by Accuvat, which have assisted them in optimizing their processes and achieving cost savings.

Risk advisory services help in evaluating the culture, systems, and processes of a business to identify and sort out the problems. This can help make decisions, support business objectives and prevent losses, damage, or harm to the business. Our well-efficient team leads risk management projects across all aspects of an enterprise, from risk assessment to any extent.

Our internal pool of IFRS experts has tremendous knowledge and excellent tactical skills in the field. Many of our professionals have unbelievable experience solving complex IFRS issues across many types of structures. Accuvat creates tailor-made solutions depending on our clients’ specific IFRS requirements and defined priorities.

It is an extensive investigation of an entity’s finances, financial statements, and other business processes that are required when it is suspected of irregular activities, such as fraud, embezzlement, theft, money laundering, use of terrorist funds, or fraudulent acts.

To gather proof, rigorous audit procedures are used to track the transfer of assets and money. After this, the case will be presented in court once the suspect has been located and adequate audit evidence has been collected.