allianceca.ae

Concurrent Audit

About Us

Alliance CA stands at the forefront of providing exemplary Concurrent Audit Services in Dubai, focusing on real-time examination of financial transactions as they occur. Our role is pivotal in integrating into banks’ and businesses’ early warning systems, aiming to promptly identify any irregularities or breaches, thus safeguarding financial integrity.

Concurrent
Audit
Service

Concurrent audit service constitutes a continual examination of the financial transactions performed in order to determine whether the corporate regulatory systems are operating successfully and, at the same time, to identify areas in which improvements may be made to increase productivity. The focus of concurrent auditing continues to be on performing relevant examinations of transactions rather than performing test checks of such transactions. In order to cut down on the amount of time that elapses between the execution of transactions, the notion of the concurrent audit was developed.

Why Choose

Alliance CA

Alliance CA is a specialist in concurrent audit service, and they have done work for a number of banks and other types of financial entities. Our customers receive the benefits of concurrent auditings, such as high precision, validity, direct monitoring, and adherence to procedures as well as guidelines, as a result of having a methodical and prompt investigation of financial transactions with sizable verification on a constant basis and/or at the time that the event is occurring.

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.