Who can do audit in UAE?

As per the new UAE Commercial Companies Law, Federal Law No. 2 of 2015, Article 27, Chapter 2, every company shall appoint auditors for auditing their books of accounts by a licensed auditor registered under the Ministry of Economy in the UAE. But many companies do not follow this requirement.

Who regulates auditors in UAE?

The Registration Authority (RA) has a statutory responsibility to oversee the regulated area of audit within the jurisdiction of ADGM.

Who can audit in Dubai?

Who performs audits in Dubai? Professional financial auditors can perform audits for companies in Dubai, regardless of their structure or size. One should verify the qualifications of an auditor before signing a collaboration contract.

Is auditing mandatory in UAE?

As per the provisions of the Law, it is mandatory to get the books of accounts audited every year. Hence with effect from 1st July 2017, every company registered under the law should get their accounts audited by a registered auditor.

Is audit required in UAE?

It is mandatory for the government organizations to get the accounts audited by regulated statutory auditors in UAE. The shareholders of a company can choose any registered statutory auditors or audit firms in UAE in general meeting.

Is audit mandatory in UAE?

Is audit mandatory for all companies in UAE?

What does KPMG stand for?

Klynveld Peat Marwick Goerdeler
The name “KPMG” stands for “Klynveld Peat Marwick Goerdeler”. The acronym was chosen when KMG (Klynveld Main Goerdeler) merged with Peat Marwick in 1987.

Who are our approved auditors in UAE?

We are approved auditors in UAE from all the major financial institutions like banks and approved auditors in all UAE free zones and other authorities who require auditor listing.

Why choose Aabi Chartered Accountants?

Aabi Chartered Accountants is a well known and reputed name in financial auditors in UAE. We are a progressive medium size emerging audit firms in UAE, helping clients to achieve their business and financial targets of growth and profitability.

Are We in the list of approved auditors in DMCC?

We are in list of approved auditors in DMCC, list of approved audit firms in RAKEZ, list of approved auditors in DAFZA, list of approved auditors in DSO, list of approved auditors in DIFC and all other free zone operating in UAE. We believe that good business partnerships and affiliations are the best marketing and growth strategy.

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