About Us
Alliance CA is a premier corporate finance advisory firm, specializing in guiding corporations and their senior management through the intricate landscape of financial transactions, including acquisitions and investments. Our expertise lies in our ability to provide deep insights and comprehensive understanding of target companies, ensuring that our clients make informed and strategic decisions when it comes to purchases or investments.
What is a due
diligence
audit?
A due diligence audit is a procedure that evaluates an organisation in order to determine its overall performance and the state of its finances. It is helpful to understand the organisation’s skills, the target demographic, possible clients, and the possibilities of generating a profit. When it comes to corporate mergers and acquisitions, most businesses want an audit report to be prepared by the firms that perform due diligence audits on their behalf. It helps decision-making by placing all the problems and challenges front and centre. Due diligence Audits may be required by law in some cases, but more often than not, they are used in voluntarily conducted investigations.
Why is it necessary to conduct a
due diligence audit in the UAE?
The term “due diligence” refers to the process of conducting an examination or audit of a possible investment, service, or essential business move in order to verify all facts relevant to the subject of the inquiry or audit. A thorough due diligence audit looks further than the figures themselves and seeks to understand what drives them. Because conducting due diligence enables one to get a more in-depth knowledge of the organisation or investment being targeted, it is advisable for any individual or organisation to engage in such an activity in order to safeguard themselves against the possibility of unanticipated dangers.
What are the stages of the Due Diligence process in the UAE?
Specifying the range of the due diligence and the data necessary for it
Gaining an awareness of crucial transaction variables.
Interviewing individuals and reviewing policies and operating processes.
On-site evaluation and, if required, full walkthroughs of the premises.
Conversations with key members of management in order to back up the facts.
Examining the significance of the most important findings.
The production of a report on due diligence.
Why Choose
Alliance CA
We at Alliance CA, offer due diligence services in Dubai and UAE. Our primary focus is on conducting in-depth analyses of important variables and extracting meaningful information from them. Most importantly, we concentrate on determining the primary factors that contribute to the profits of the business that we have our sights set on acquiring. We cultivate an in-depth awareness of both macro and micro issues, competitiveness, and our dependence on consumers, products, and suppliers, among other things.
Frequently asked questions
External audits include financial statements audits, operational audits, and compliance audits.
A qualified audit report certifies financial statements reflect a true and fair view. An unqualified audit report states that the financial statements reflect a true and fair view without any limitations.
Businesses registered under the trade-free zones hold trade licenses that require annual financial statements to be audited at the time of renewal.
Yes, external auditors can rely on internal audits.
Internal auditors are hired by the firm as employees to oversee the accounting and auditing services required by a company on a day-to-day basis. External auditors are independent and are hired as consultants.
External auditors double-check the same records that internal auditors work on to ensure quality control of internal audits.