External Audit Services
About Us
​Alliance CA is one of the best auditing firms in the UAE providing external auditing services following IFRS (International Financial Reporting Standard) and in compliance with the laws, rules, regulations, and business practices of the UAE. The external audit report provided by Alliance CA is crucial for working with local authorities and engaging with banks and other financial institutions.
RATED
ON
External Audit Procedure in the UAE
The Importance of External Audits in the UAE
​Mandatory by UAE law, external audits provide critical assurance on a company’s financial health, enhancing credibility and investor confidence. Conducted by independent auditors, these audits verify compliance with IFRS and GAAP, playing a key role in financial transparency, error identification, and operational legitimacy.
Legal Requirement and Benefits
External audits, compulsory for UAE companies, verify legal compliance, enhancing investor confidence and supporting corporate governance.
Unbiased Evaluation
Independent auditors conduct these audits, offering objective insight into a company's financial health and operational integrity.
Credibility and Legitimacy
Error Identification and Risk Reduction
Validates financial statements and reports, essential for securing loans, renewing licenses, and maintaining stakeholder trust.
Identifies inaccuracies in financial statements, reducing potential risks and ensuring accurate profit and loss evaluations for better decision-making.
Essential Documents for Conducting an External Audit
Fixed Assets Documentation
Receipts and invoices for fixed assets, vital for accurate balance sheets and financials.
Bank Account Records
Documents and transaction details of all company bank accounts for financial scrutiny.
Payroll Reports
Payroll expense documents for understanding organizational tax liabilities and payroll expenses.
Loan Documentation
Crucial for auditors to assess the organization's financial obligations and fund management.
Ledger and Trial Balance
Enables thorough inspection of debit and credit balances for financial accuracy.
Why Choose
Alliance CA
We are the approved GOLD partners and also certified advisors of New Zealand-based accounting software Xero. Xero is mainly made for the ease of maintaining and controlling various financial records by the owners, accountants, partners, and other users of accounting information. Please feel free to contact us for more information on how XERO can be implemented for your business.