An audit is a valuable and useful tool to directors and owner managed businesses. Requesting an audit can often prove invaluable in finding potential threats to your business.
We know that an audit is much more than a formality: it's a real necessity. It must be independent, objective, and conducted with integrity, both to protect your business and to encourage it to thrive. Audit quality is a fundamental component of our firm's strategy and vision and a standard consistently reinforced throughout the firm. We also understand that your organization is constantly changing as we live in a dynamic business environment. That's why our audit team works with you, for the well being of your business.
Our auditing procedures try to ensure that you gain the most out of an audit, highlighting potential problems, and providing advice and information that is both useful and understandable. Our audit approach is tailored to meet the specific demands of each client, taking into account all current and projected auditing and reporting standards.
Our partners and staff utilise leading technology and computerised audit tools to gather information. We utilise our knowledge of the client and its business sector to focus on the particular key issues facing the company and its management, to improve the efficiency of the audit. Internal Audits
A smooth-running internal audit function is a strategic imperative for corporate and public sector organizations. However, it is not always possible for an organization to keep its own internal audit department sufficiently staffed or up to date with the relevant skills or experience to consistently deliver a value-added service. After examining other alternatives, clients many times choose to outsource their entire internal audit function.
We offer interim and full time internal audit services. We assess the internal control structures, ensure compliance with laws and regulations and confirm adherence to operational procedures. Our internal audit professionals take a risk-based approach to internal audit to help clients improve performance and operating efficiency. We go beyond traditional fundamentals and add tangible value, to elevate internal audit to an even more strategic and productive role in today's corporate governing environment.
We provide an independent professional evaluation and advice on the quality and effectiveness of the control environment within the organization. We also identify areas for improvement and implement strategies to help you to achieve your organizational objectives and make a positive contribution to the successful operation of your business
In UAE there is no tax on profits and hence there is no legal requirement to complete accounts and filing tax returns on an annual basis. However accounts are important from an individuals/ Company's perspective as well. Not only do they provide you with information about the profitability and stability of your business, they can also help when requesting finance, both personally and for the business.
It is in your business's best interest to keep your records accurately and timely. Doing so improves your business's chances of success, as you will be able to monitor your business more closely, and make adjustments and decisions where and when required.
We streamline your accounting and administrative systems in a professional manner. We provide part time and periodic accounting and accounting supervision services by qualified and professional accountants. We also offer a full range of accounting services to support your own in-house accountant, bookkeeper or computer accounting system. If you do not have these resources, we can outsource accounting professionals. This helps you avoid adding to your permanent payroll.Please contact a Commit executive for more details