HALSCA provides Statutory audit services in UAE. Our auditors with industry experience examine and determine whether an organization is providing a fair and accurate representation of its financial position.
Statutory audit is a legally required review of the accuracy of a company's financial records by following auditing standards generally accepted in the country and obtain an understanding of the entity’s internal control by obtaining audit evidence through examination and inspection of books and stock, inquiry, observation, confirmations, analytical and other procedures.
UAE Federal Law No 32 of 2021 (Article 102 of the Commercial Companies Law 2021) stipulates that that a Limited Liability Company shall have one or more auditors to be elected by the General Assembly of the partners every year and, other than as provided by Article 245 of this Law, the provisions concerning the auditors in public joint stock companies shall apply to the auditor of a Limited Liability Company. Article 248 Duties of the Joint Stock Company Auditors stipulates that the auditor shall audit the accounts of the company, inspect the balance sheet and the profit and loss account, review the transactions of the company with the related parties and ensure the application of the provisions of this Law and the Articles of Association of the company. The auditor shall provide a report on the result of such inspection to the General Assembly and dispatch a copy of the report to the Authority.
HALSCA is one of the best Statutory Audit firms in UAE. We will help you break down your organization for identification of issues and provide you with recommendations. Our experiences professional will help our clients to bring out effective solutions. Our premium services will help your company pass Statutory Audit requirements in UAE.
Our Statutory Audit services in UAE is focused on improvement of your company. We will help you fill the gaps by giving you the best recommendations. For the best Statutory Audit Services in UAE contact us.