AUDIT SERVICES

Financial Audit Services

We provide auditing services to a wide range of companies business organizations and to public authorities in accordance with the international and local standards. Our audit team possession specialized experience in all economic financial and industrial sectors.

  • Getting full understanding of the nature of the business activity and its financial and accounting characteristics.
  • Working in close collaboration with client staff to maximize the effectiveness of work.
  • Establishing strong quality control and close involvement of assigned partners and managers at all stages.
  • Elaborating careful planning to ensure the scope is responsive to procedures and controls in operations.
  • Identifying the techniques, procedures and measures necessary to achieve the objectives of internal control.
  • Identifying the procedural weaknesses for management’s attention.
  • Keeping up regular meetings with client management to consider problems.

Audit Consulting

In addition to financial audits, we also provide audit consulting services including:

  • Financial investigations in accordance with due diligence procedures for transaction involving mergers acquisition, joint ventures or partnerships’ understandings.
  • Operational audits of internal control structure such as assistance in sitting up accounting systems for new or expanding business.
  • Acquisitions and disposal supports consisting of in-depth reviews of specific businesses, purchases investigation or audit of an intended acquisition.
  • Company valuations.
  • Implementation of consolidation processes, including the different aspects relating to the definition of reporting group, to the choice of accounting principles and to the implementation of reporting procedures from affiliates to their holding.
  • Acting as liquidates of companies appointed by partners in voluntary liquidation or courts in compulsory liquidation and handling of any subsequent related matters.
  • Assistance in assessing the effectiveness and structure of internal audit departments, and training of internal auditors in relevant techniques including computer auditing.
  • Acting as custodians appointed by courts and accounting experts in litigation.
  • Acting as arbitrators.

Horwath International

Copyright © 2001, Gulf Accountancy & Audit Centre,
All Rights Reserved
Tel: (+971 4) 2684700, Fax: (+971 4) 2688846,
P.O.Box: 1450 Dubai,United Arab Emirates.
Accountants & Auditors Association