Audit firms in Dubai, UAE
An independent audit is the foundation for decision-making. Stakeholders seek objective opinions from independent auditors on the financial information.
Our audit approach is underpinned by quality, integrity, and industry insight. It is driven by a deep understanding of our clients’ business and a passionate commitment to audit quality. Our highly qualified and experienced assurance team brings wealth of global best practices and local industry knowledge, standards, and regulations and positions us as one of the Top Audit Firms in Dubai, UAE.
External Audit / Statutory Audit
In a highly competitive market, it is crucial to have a high-quality independent statutory audit. Our audit team has a deep understanding of International Standards and the local regulations that are fundamentals to maintain integrity & quality in the audit process. We employ a risk-based audit approach that reflects our detailed understanding of our clients’ business and the relevant internal and external risks aiming at achieving independence, objectivity, and value addition to the stakeholders.
We are registered and approved auditors in the UAE providing our services to mainland and most free trade zone in the UAE.
- DAFZA Registered / Approved Auditors (Dubai Airport Free Zone)
- DMCC Registered / Approved Auditors (Dubai Multi Commodities Centre)
- JAFZA Registered / Approved Auditors (Jebel Ali Free Zone)
- SAIF Zone Registered Auditors (Sharjah Airport International Free Zone Authority)
- Hamriya Free Zone Registered Auditors
- Other Free Zones
Our Industry Expertise
- Financial Institutions
- Retail & Trading
- Real Estate & Construction
- Travel & Hospitality
- Family Groups
- Not for profit
- Precious Metals
RERA Audits & Budget Reviews
JRB Chartered Accountant is one of RERA approved audit firms in Dubai. As RERA registered auditors, our team of professionals specialize in identifying complex industry specific issues and recommend pragmatic solutions.
Jointly Owned Property Financial audits
Jointly Owned Property / Owners' association audits require technical expertise and an in-depth understanding of the region’s real estate industry and RERA Regulations. Our specialist team provide financial audits of Jointly owned Properties, villas and master community developments.
Escrow Account audits
Escrow Account Audits are aimed to provide the regulator and stakeholders a progress review in order to build confidence and transparency among the investors. Our team is experienced and updated on newest development in order to provide the most efficient service.
Service Charge Budget Review
As per RERA regulations service charges of jointly owned building are required to be reviewed by RERA empaneled independent auditors. Our experienced team specializing in RERA services provide an independent review of the service charge budgets of the jointly owned properties to ensure that the budgeted expenses and allocations follow RERA guidelines and industry standards.
- Unit balance verification
- Master community Audit
- Special Levy reviews
- Mollak services
- Jointly owned Property / Owners’ Association VAT Services
Sales / Revenue Audits
Revenue / turnover audits for retail business compliance
Retail businesses in UAE are required to submit an annual gross turnover statement audited by an approved auditor. JRB has earned a high mark in the competitive sales audits and by offering quality services to our clients.
Agreed Upon Procedures | Certifications
Agreed upon services play its role here in deriving precise reporting and outcome.
We agree on the specific scope of work and design our procedures that will be performed to achieve the objective and report our findings in a precise and focused manner.
- Agreed Upon Procedures
- Certifications & Attestations
Liquidation services in Dubai: When a Company ceases its operations, all the assets of the company are distributed to the Shareholders of the Company after the settlement of dues to creditors and lenders. However, there is much more to the company liquidation process. The regulations are in place to assure all parties involved are treated equitably and a party does not benefit at the expense of others involved.
At JRB, our expert team ensures a smooth completion of the process and regulatory requirements.
Forensic Audits & Investigations
Forensic audits and Investigations are aimed to provide a detailed Investigate, evaluation, and reporting to capture and derive evidence against and financial frauds or misappropriations for a legal proceeding. Generally, Forensic audit services require specialized expertise and experience in the field of accounting & auditing.
We at JRB, have a qualified team processing the skills and knowledge to undertake the Forensic Audits.
Special Purpose & Limited Assurance Audits
Special purpose & Limited Assurance engagements such as Inventory audits and restricted fund audits.
A limited assurance engagement is a type of assurance engagement in which an auditor provides assurance on specific area and or a limited assurance. These engagements usually have a specific purpose. Similarly, they have lower costs and time constraints. Assurance services vary as per the requirements of clients. Therefore, for the ease of the clients we are offering limited assurance services. Our experts will provide you with their best opinion against the suitable criterion.
Our blog is a compilation of insights along with the latest regional and industry developments that will help you to stay up-to-date, ahead and focused.Read More
The Comprehensive Guide to Statutory Audits: From Basics to Practical Examples
Audits are an integral part of the financial world, ensuring transparency, accuracy, and accountability. One of the most commonly heard types of audits is the “statutory audit.” For businesses and stakeholders alike, understanding the ins and outs of this audit is crucial. In this article, we’ll unravel the concept of statutory audit, its process, and […]
Types of Audits: What Every Business Owner Should Know
Understanding the different types of audits is crucial for every business owner. It can impact financial statements, operational efficiencies, and compliance with various regulations. In this blog, we will dive into some of the most common audits that businesses might encounter, and offer a brief insight into each. 1. External Audits What They Are External […]
Who Uses External Audits and Why? Insights for Business Owners
In today’s expansive business landscape, external audits act as pillars of trust, transparency, and credibility. Whether it’s a multinational corporation, a budding startup, or a government agency, these entities turn to audits to ensure the integrity of their financial operations. These audits not only verify financial statements but also solidify an organization’s reputation in the […]
The Five Key Elements of an External Audit Process
The Five Key Elements of an External Audit Process External audits are vital mechanisms in the world of business, ensuring that companies maintain transparency and adhere to financial standards and regulations. By systematically reviewing a company’s financial statements and practices, these audits bolster confidence among stakeholders, including shareholders, creditors, and regulators. To fully grasp the […]
Internal Audit vs. External Audit: Which is More Effective for Your Business?
Internal Audit vs. External Audit: Which is More Effective for Your Business? In the business world, the terms “internal audit” and “external audit” are thrown around quite frequently. While both serve essential functions for a company’s financial health and compliance, they differ in their methods, purposes, and impacts. This article delves deep into these two […]
The Importance and Purpose of External Audits in Business
The Importance and Purpose of External Audits in Business External audits play a critical role in fostering trust, ensuring transparency, and upholding the integrity of financial statements in the business world. As an indispensable part of the corporate landscape, they ensure stakeholders, from investors to lenders and even the general public, can confidently rely on […]
Guidance on Economic Substance Reporting
The U.A.E. Ministry of finance has recently updated guidance on Economic Substance Report.
Environmental, Social, and Governance (ESG)
The year 2021 became the year of ESG investing. Investors concerned about climate change and social...
Economic Substance Regulations (ESR)
The UAE introduced Economic Substance Regulations (“ESR”), effective from 1 January 2019...
Corporate Tax in UAE
UAE Corporate Tax will apply to all UAE businesses, except for the extraction of natural resources...
Auditing in Dubai, UAE
How statutory / external audits work? The word statutory represents that the audit...