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Audit and Assurance

We assure you the top audit and assurance services

We provide audit and assurance services for the companies so that stakeholders can have a true and fair view of its financial position. It helps in checking whether books of accounts are accurate and UpToDate and internal controls are working as intended, detecting fraud, providing advice regarding better management, etc. We even ensure that our service is best amongst all audit firms in UAE, which functions as per the law and regulations, keeping your company compliant with the local and international auditing and accounting standards.

For various banking and regulatory requirements, one needs to get his books of accounts audited. If one needs to fit in the UAE’s economic system, he needs an independent audit firm. That auditing firm must be able to perform all types of auditing for the company.

Independent auditing must be performed by a reputed accounting firm such as N R Doshi & Partners, which is approved by all the banks of UAE. We are a renowned auditing firm, and our auditing is recognized by officials all over the country. If you have branches in other countries, we have associates in 92 countries who are as reputed as N R Doshi and Partners. Therefore, we are a one-stop solution for all your companies present at different locations.

Auditing and assurance services
The worthy benefits

The worthy benefits which will help your business expand

With the help of internal audits, a business can achieve its predefined goals. If one conducts internal audit process carefully, it will let the company owner know working of internal controls. In addition, it also shows whether the company follows right processes and procedures or not. It will also highlight control weaknesses and let the business owner know if risk management processes are operating effectively.

In the present world, it has become tough to avoid fraud. What’s more stringent than that is to detect them. By evaluating financial reports of the company, one may know where the mischief has happened. N R Doshi & Partners’ forensic audit service and cash embezzlement service are the perfect fit for your company for fraud detection.

Your company’s reputation and goodwill define your business’s valuation. By allowing us to conduct your company’s auditing will attract your potential shareholders. It also helps to get foreign investment and improves your credit rating.

When we conduct a complete internal audit, it will bring the overall picture in front of you. You will know about the processes required to eliminate, which weakens your company profile. It also identifies your strengths on which lesser effort can give you more return. We provide advice to you based upon the results which can safeguard you from the potential threats. Our widely extended service makes us one of the top audit firms in Abu Dhabi.

Where Trust meets Transparency

Transparency is a core business value that fosters trust that transpires into exceptional results elevating the growth in the business of our clients

Trust meets Transparency

The Standard Auditing Process N R Doshi & Partners follows

Out of all our auditing services, we need to find a suitable one for you. Depending upon the industry, we select the audit cycles whose implementation is essentail on your business. This helps us to prepare an accurate quotation for you.

After the approval of services and quotation, we need the company to provide us information required to conduct the audit. The data is based on the type of audit we perform. Generally, the financial data (credit notes, debit notes, invoices, purchases, etc.) is required for the Statutory Audit. The forensic audit requires information about employees as well.

As per the requirement, we select the audit cycle for the specific areas of business, which requires auditing. For that area, we understand the functioning of the business by going through the complete business model. In the case of a statutory audit, one needs to go through each and every attribute of the business for complete knowledge.

The structure of the plan depends upon the necessity of the client. For different audit types, such as balance sheet audit, cash flow statement audit, fraud audit inventory audit, cash audit, stock audit, etc., different methodologies have been developed. N R Doshi & Partners has created its own techniques which are efficient enough to perform a precise audit.

Auditing is done for various sections, and different auditing reports are generated. We review the generated document to make sure it is compliant with UAE law. It is further merged into one before presenting in front of the board of directors and shareholders.

The audit report contains all the information required to know the complete picture of your company. Based on that, if you need further assistance in making any changes, we will be available for you.

Standard Auditing Process

Various Audit and Assurance Services for your company

Statutory Audit

Statutory Audit

Amongst all the auditing firms in UAE, we provide the best service statutory audit service, also known as external audit service. The main aim of the statutory audit is to review the accuracy of a company’s accounts and records from a legal perspective. Generally, this report is for the public and stakeholders to provide a transparent lookout on the functioning of the company. In statutory auditing, we go through the book of accounts and vouchers such as purchase bill, sales invoice, debit note, credit note, receipt voucher, payment voucher etc.

Here, our expert auditors will work along with you aiming to enhance productivity and work efficiency. We provide Statutory audit at every location in UAE. This is because we own auditing firms in Dubai, Abu Dhabi, and various other free zones. Even if you have subsidiaries outside the UAE, we have associates in 92 countries through DFK International, which is one of the largest associations of independent accounting firms.

Our external audits are accepted by all the official bodies, including all the banks and commercial building owners in the UAE. Therefore, if we conduct a statutory audit for your company, your company will appear as one of the most reputed ones in front of your shareholders and potentials users.

Our statutory auditing procedure depends upon your business model. Based on the model, we select the cycles, and we calculate the total time necessary for auditing. The quotation entirely depends upon our judgment. We conclude the quotation according to the quantum of work. We expect from the company to present fair financial statements so that our auditing process exactly matches with the circumstances. Finally, we will be evaluating how appropriate the accounting policies are, detect the flaws, and prepare the audit report for getting published.

Forensic Audit

As the number of frauds in Dubai as well as in other parts of UAE is increasing, several companies are becoming its prey. Tracking these fraudsters is tough but at the same time, important. Therefore, auditing firms in Dubai perform a forensic audit with high-level seriousness. There are multiple companies for Forensic audits in the UAE, but N R Doshi & Partners is one such company whose links are spread across the nation.

With our forensic audit service, our certified forensic auditors aim to find out the crook. They also identify the method he used to conduct the fraud. The procedure differs depending upon the facts of the case. It may also change according to the size of the company and the amount of risk involved.

There cannot be a fixed methodology as one can’t standardize fraud types. However, for malpractice’s easier detection, N R Doshi & Partners has drawn a specific audit methodology to detect financial irregularities.

We can conduct this audit service for a specific section of the company. There are very rare instances where auditing for an entire company is necessary. We mainly focus on the area where the fraud and suspicious transactions have been made. If nothing is found in that particular area, we move to the closest related one. We perform it with utmost care as it will act as a legal document against the fraud.

Forensic Audit
Internal Audit

Internal Audit

Our primary aim by conducting an internal audit is to improve the company’s operations. The improvement in operations can be provided by accomplishing a systematic and disciplined approach. The approach must be efficient enough to detect and manage risks, and give better control to the company. This will strengthen the governance process. However, not all internal audit firms in Dubai are able to use this approach, unlike N R Doshi and Partners.

Our certified internal auditors with advanced knowledge of this service will help you out to achieve your goals. Besides that, it also ensures that your organization is working smoothly to mitigate risks. In addition, our report will contain specific recommendations and action items where we feel there’s a control weakness.

Periodic internal audits can provide continuous monitoring and review, along with a chain of recommendations for improvements from our end. This will allow the management to safeguard the company by brainstorming solutions to the business risks. Furthermore, it helps one to achieve a higher level of operational efficiency.

Compliance Audit Service

All the companies, whether old or start-up, essentially need to follow the rules. Our compliance audit team in UAE will help to make sure that your company follows all the regulatory requirements. It is one of the essential assurance services that every business must conduct.

For different sectors, different rules exist. Therefore, only audit firms in Dubai, such as N R Doshi & Partners, can provide reliable auditing and compliance check. As we have clients from energy, oil & gas, jewelry, trading, retail, healthcare, etc., we can provide an accurate compliance audit for any of the businesses.

It is necessary to maintain regulatory compliance to have a happening work environment. This maintains good relations between the company and stakeholders.

You should reach us out as we will shield you from penalties and fines. These penalties and fines are laid upon the company when they don’t follow the regulations strictly. It doesn’t matter even if the company isn’t compliant unknowingly. Still, it can cause trouble for the company owners. Therefore, compliance audit in UAE is essential as it provides safety against license withdrawal. We will make sure that your business never faces such trouble.

Our audit will deliver better governance on the regulations you follow and will maintain a good business reputation.

Compliance Audit Service
Financial Statement Audit

Financial Statement Audit

When you wish to hire a third-party service, who can flawlessly check to your book of accounts, N R Doshi & Partners is the loudest name you will hear. We, the team of best financial auditors in Dubai, will provide the essential picture of the accounts to the company. This will let them know whether it represents true and fair view of its state of affairs.

The primary use is to learn whether the representation of books of accounts is fair or not. However, it is different from other auditing services. Because it only focuses on the financial data and not the other areas of a company. This requires the attention of specialists, and we the best Financial Auditors in Dubai to sort out your audit issues.

You will know how to own governance on financial matters of the company by using the audited financial statements. Moreover, as we are accepted all over the UAE as trustworthy auditors, it proves our opinion will remain uninfluenced.

Our method of verification and auditing is efficient enough to cover all the financial aspects of the company. We have a thorough look at your books of accounts, supporting vouchers and financial statements before expressing our opinion. Our audit report will be useful to stakeholders in knowing the profit and loss for the period and the financial position of the company.

Information Technology Audit

With technology, several advancements have taken place. However, with these advancements, the number of risks also increases. To eliminate these risks, one needs a reliable IT audit service provider who can go through each system of yours. Some businesses keep information about the business models, clients, and their companies which they would not want to get revealed.

Therefore, one must keep the data under the utmost security. For that, N R Doshi & Partners’ IT audit service will be beneficial where we will examine your IT structure, software applications, and various operations. In addition, we also check whether the IT systems don’t negatively affect your goals. Moreover, you will be provided with a proper understanding of the systems.

In the whole process we conduct, the detection of unauthorized accesses takes place, allowing you to make suitable changes. This reduces the risk of further data tampering. We own well-trained experts in the field of auditing, as well as cybersecurity. We are endowed with capable auditors who will make sure your data remains adequately protected from the risks.

Information Technology Audit
Agreed-upon Procedure Audit

Agreed-upon procedure audit

It is based upon the International Standard on Related Services. Here, independent auditors carry out specific auditing processes according to the entity and their requirement.

Under this sales audit, inventory audit, an audit of any specific section of the company can be included.

Whatever you wish to get verified, contact our team and let us know. We will perform auditing to find out if any fraudulent acts have occurred and how management can be improved. In additon, we check the security standards which company follows, and how they can be improved, etc. N R Doshi & Partners is your one-stop solution for various auditing requirements.

We are highly regarded approved auditors all over the UAE

Earn the trust of stakeholders and investors

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