About Us
Alliance CA is one of the leading accounting firms providing Forensic Audit Service in Dubai, UAE. Forensic accounting and auditing is a process that involves a thorough examination of records and documents pertaining to a company or an individual that can be presented in a court of law. A forensic audit is undertaken to uncover financial crimes and frauds within an organization and to establish with clear evidence that a crime or fraud was committed and how it was done.
Benefits of statutory audits
Planning and Objectives
Forensic audits demand meticulously planned procedures with defined objectives to draw valid conclusions for legal presentation.
Systematic Approach
Highly systematic approach requires structured methodologies for fraud investigation, ensuring thoroughness and accuracy.
Time-Based Analysis
Examination of fraud occurrences within precise timeframes aids in establishing the timing of fraudulent activities.
Loss Assessment
Accurate assessment of incurred losses due to fraud is essential alongside establishing fraudulent activities and timing.
Process Evaluation
Identifying operational flaws and financial process weaknesses crucial for understanding and preventing fraudulent activities.
Evidence Gathering
Methodical collection and organization of evidence, highlighting key specifics, and maintaining evidence integrity are paramount.
Comprehensive Reporting
Detailed reports outlining investigation scope, fraud details, evidence summary, prevention recommendations, and chronological fraud explanation.
Court Presentation
The process of systematic audits is crucial for identifying risks within the business operation of the firm.
Why Choose
Alliance CA
Alliance CA provides its forensic audit services in Dubai in a highly customizable format which ensures that we can meet and exceed the unique requirements of our clients. Forensic audits conducted by us ensure that our clients stand out as more competent and credible when compared to their competitors. Besides forensic audits, Alliance CA also provides Auditing and Assurance services, VAT and Tax Consultations, Due Diligence Auditing, and accounting software support. Please feel free to contact us for all your accounting and auditing needs.
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.
A forensic audit includes the process of gathering evidence and presenting reports of fraud in a court of law.
A forensic audit is important as it may identify and expose fraud, financial misappropriations, and illegal activities.
In the case of a forensic audit, the gathered evidence is required to be produced in a court of law.
Yes, evidence plays an important role as the process of forensic auditing is undertaken to gather evidence and present it in a court of law.