What Is External Audit?
An external audit is an independent examination of a company’s financial statements conducted by a third-party auditor. Its purpose is to provide an unbiased opinion on whether the financial reports are accurate, fair, and comply with accounting standards
Verifying the accuracy of financial statements.
Ensuring compliance with IFRS and UAE regulatory requirements.
Assessing internal control effectiveness related to financial reporting.
Detecting and reporting material misstatements or fraud.
Providing assurance to shareholders and external stakeholders.
Enhancing transparency for decision-makers, regulators, and investors.
- Benefits of Internal Audit
Fulfill legal obligations under UAE commercial law.
Build trust with stakeholders and potential investors.
Validate the reliability of financial reports.
Identify and address suspicious transactions or behaviors.
Enhance reputation and professional standing.
Facilitate loan approvals and attract financing.
Strengthen board-level visibility and control.
Uncover weaknesses in financial processes or systems.
Reveal cost inefficiencies and support informed decisions.
Why to Conduct External Audit
Ensure Legal and Financial Compliance
Build Transparency & Credibility
Make Strategic Financial Decisions
Why Choose
GulfSC for External Audit
We offer:
GulfSC offers expert external audit services backed by a deep understanding of the UAE’s financial, legal, and industry landscapes. Our independent audits provide more than just compliance; they deliver strategic value.
At GulfSC, we pride ourselves on the rigor, accuracy, and clarity of our external audits. We follow international auditing standards, uphold strict confidentiality, and communicate findings in a language that both management and stakeholders understand. With GulfSC, you receive more than a report; you gain a roadmap to strengthen governance, enhance credibility, and move forward with confidence.
We offer:
Our licensed auditors bring independence and impartiality to every engagement, ensuring full objectivity.
We tailor our audit approach to your sector, offering insights aligned with your unique operational environment.
From planning to final reporting, we provide full-cycle audit solutions, including risk assessment, fieldwork, and audit opinions.
Testimonials
Explore our success stories to see how we have helped businesses like yours overcome challenges and achieve tangible results.
- FAQs
Is an external audit mandatory for companies in the UAE?
Yes, under the UAE Commercial Companies Law, all mainland and most free zone companies are required to prepare and audit their financial statements annually.
What documents are needed for an external audit?
Typically, you’ll need financial statements, general ledger, bank statements, invoices, contracts, payroll records, and previous audit reports if applicable.
How long does an external audit take?
Depending on company size and complexity, audits can take anywhere from 2 to 6 weeks, including planning, fieldwork, and reporting.