Audit & Assurance
Financial Statement Audittrusted audited financial statements in the UAE
Financial statements with an audit report are more than a compliance requirement; they signal trust, credibility and financial transparency. Businesses across the UAE and Middle East increasingly use financial audit services to confirm the completeness and accuracy of their financial information, preserve investor confidence and comply with regulation. Roots Global delivers quality audited financial statements that comply with applicable law and accounting standards while adding value through insight into your operations, risks and opportunities.
- Compliant with IFRS & UAE requirements
- UK Chartered Accountants, ACCA & CFA professionals
- Typically 2–6 weeks
Scope
What a financial statement audit covers
A financial statement audit is a systematic examination of your company's principal financial statements.
Balance sheet
Analysing asset, liability and equity positions.
Income statement
Analysing revenues, expenses and profit calculations.
Cash flow statement
Checking the accuracy of cash inflows and outflows.
Statement of changes in equity
Analysing movements in ownership and retained earnings.
Audit focus
What the audit sets out to establish
Our work is designed to give you and your stakeholders confidence that the numbers can be relied on.
- Assurance that the financial statements are free from material misstatement
- Proper compliance with the applicable accounting framework (IFRS or local GAAP)
- Assessment of the adequacy of internal controls and the risk of control failure
- Risk analysis and identification of potential fraud indicators
Benefits
Regulatory compliance benefits of a financial audit
A financial audit delivers several compliance and business benefits.
Legal compliance
Satisfy the requirements of the UAE Ministry of Economy, free zone authorities and the tax authority.
Investor & stakeholder confidence
Reassure shareholders, lenders and partners with independently verified numbers.
Transparency for M&A
Supply reliable facts during mergers, acquisitions and other transactions.
Accurate tax filing
Make the appropriate disclosures so you can avoid penalties.
Improved credit quality
Strengthen your reputation with banks and financial institutions.
Our audit process
Five steps to an audited set of accounts
Initial consultation & engagement
Identify the operational scope of the audit and understand its objectives.
Planning & risk assessment
Identify potential risk areas and determine the audit approach.
Obtaining evidence
Review records, transactions and internal controls.
Analysing & verifying
Work through the data, checking for consistency and completeness.
Reporting & recommendations
Issue the audited financial statements and suggest areas for improvement.
How Roots Global helps
More than a compliance check
We do not simply provide checks and balances; we give your business clarity, insight and credibility. Here is how we make a difference.
Industry-specific experience
Whether you are in commercial construction, retail, healthcare or financial services, we understand the risks and compliance demands unique to your sector.
Proactive risk identification
Our auditors identify possible indicators of fraud, inadequate internal controls and inefficient processes before they escalate.
Statutory compliance
We ensure your financials comply with UAE requirements, free zone laws and international reporting standards.
Efficiency & minimal disruption
Our efficient audit method lets you stay operational without unnecessary interruption while ensuring accurate results.
Post-audit strategy
Alongside your audited statements, we recommend process improvements to strengthen your financial reporting.
Qualified professionals
Our team of UK Chartered Accountants, ACCA and CFA professionals works to international standards of audit quality.
Certifications & expertise
- ICAEW
- UK Chartered Accountants
- ACCA
- Association of Chartered Certified Accountants
- CFA
- Chartered Financial Analyst professionals
- IFRS
- International Financial Reporting Standards specialists
FAQs
Financial statement audit questions
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Explore ServiceReady for an audit that adds value?
Get a tailored quote for your financial statement audit from our qualified team.