Dubai office: +971 4393 8252
London office: +44 203 601 5656
Statutory Audit Services
A statutory audit is compulsory for government institutions to monitor and evaluate their performance. A statutory audit is legally required audit that needs to be done to evaluate the company financial position and financial records.
Statutory audit firms give review & monitor company accounts & accounting process to present a neutral and fair picture of the financial health of a specific company.
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.
OUR AUDIT & ASSURANCE SERVICES
Statutory auditors in Dubai, UAE
We at JAS ACCOUNTANTS LLC, assit our clients in preparing statutory audits which helps our client in enhancing the credibility and reliability and help the clients in making a decision to start doing business with a specific company.
What are the statutory audit requirements?
A firm needs to have the following documents before getting a statutory audit started:
1. Details of fixed assets, bank statements with details of transactions therein and the details of cash receipts & payments
2. Information on secured and unsecured loans and advances Trade payables & receivables
3. Local purchases & import purchases
4. Local sales and export sales information
5. Details of inventory, administration and selling expenses
6. Details of foreign exchange earnings & expenditures
7. Statutory dues & other levies
Statutory audit services are essential for assuring the reliability of company’s annual accounts of various stakeholders like debtors, creditors, bankers, shareholders and government.
The process of the statutory audits has become increasingly complicated recently. Statutory environment in cooperation with synchronization of various accounting parameters and the reliance of various stake holders on audited accounts have increased the questionability of statutory auditors.
KEY STAFF
AMJAD HUSSAIN >
Partner - Accounting Advisory Services
MIAN M KAMRAN >
Senior Accountant - Accounting & Bookkeeping Services
SOME OF OUR SERVICES
CORPORATE TAX ASSESSMENT IN DUBAI
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HR & PAYROLL SERVICES
Affiliations & Accreditations
- Emirates Association for Accountants and Auditors (EAAA) UAE
- Association of Chartered Certified Accountants (ACCA) UK
- Institute of Financial Accountants (IFA) UK
Our Offices
Dubai Office
Office 17, 18th floor, One by Omniyat
Business Bay
Dubai, UAE
Telephone: +971 4393 8252
Mobile: ++971 5499 46822
