List of DMCC Approved Auditors in Dubai – 2025

        

The DMCC-approved auditors are an essential part of the DMCC’s regulatory framework, which helps companies get the best quality audit services. To be assigned as an approved auditor, an audit firm must make an application according to the DMCC’s application criteria. The approved auditor advisory panel assesses the application. DMCC requires all audit firms to submit their audited financial reports through a certified auditor. This process helps ensure the accuracy and transparency of the financial information. 

DMCC’s approved auditors in Dubai ensure the financial reports are accurate within the free zones. They follow the best standards and careful supervision to analyze the records, which increases the confidence of both investors and shareholders.

DMCC Approved Auditors List

Here is the list of DMCC’s approved auditors list.

Process to be Appointed As DMCC Approved Auditors

The process involves the following steps,

• To be appointed as an approved auditor, the audit firm must make an application according to the application process. 
• An audit firm can be appointed to the approved auditors’ list if they meet the approval criteria. 
• The approved auditor’s panel is responsible for assessing and determining the application of an audit firm to be appointed as an approved auditor.
• The approved auditor’s panel publishes the approved auditor’s list.
• The approved auditor’s list is solely the responsibility of the approved auditor’s panel. DMCCA is not required to provide any reasons for its determinations and assessments.
• Suppose you want your audit firm to be appointed as an approved auditor by the publication on the DMCC-approved auditors’ list. The effective date for the appointment of publication is unless there is any objection by DMCCA.
• The required documents, along with the application made by the audit firm, must be kept safe and provided at the request of the DMCCA.

Role of an Approved Auditor

The role of an approved auditor involves the following,

• An approved auditor must fulfill the audit firm’s compliance requirements.
• An approved auditor must provide the auditor’s report according to section 11 of the Company Regulations.

Section 11 of the company regulations involves the following rules,

• The company’s annual accounts are approved by the board of directors of the member company and signed on their behalf by one of them.
• The audit report must be signed and stamped by the audit partner.
• The summary sheet must be complete and accurate according to the information given in the AFS and stamped by the audit partner.
• The approved auditor must ensure the annual accounts given by the member company are free from misstatements and errors and follow the International Financial Reporting standards.

The auditor must ensure the following,

• In the approved auditors’ opinion, the accounts are prepared according to the (IFRS) International Financial Reporting Standards standards.
• The accounts provide a fair view of the profit and loss of member companies in the relevant financial year.
• The member company’s state of affairs is reported at the end of the financial year. 
• The member company only operates on the mentioned business activities in its license.
• Provide any matter required by the DMCCA from time to time.

The approved auditor is satisfied that,

• The share capital and financial period in the annual accounts are verified according to the Articles of the Member Company.
• Bank statements are confirmed by the banks,
• Any absence of a Member Company’s bank accounts is mentioned.
• Salary expenses are mentioned in the annual accounts.
• All notes must be fully detailed.
• Any revenue from commercial activities outside the business license is mentioned as other income.

Important Rules for Auditors

The approved auditor must follow the principles given below,

Integrity. The approved auditor must have integrity at all times

Professional Competence. The approved auditor must act with skill, care, and diligence while Conducting audit services. They must enhance their employees’ skills and knowledge to ensure they follow the current rules and regulations.

Objectivity. The approved auditor must avoid any conflict and act with fairness.

Confidentiality. The auditor must practice confidentially with the information provided by the member company while conducting the audit. They can only disclose the information for investigation purposes and/or inquiries by the DMCCA.

Cooperating with DMCCA. The approved auditor must always cooperatively deal with DMCCA and provide any required information about the Member Company.     

Summary

Ultimately, DMCC-approved auditors are required for different reasons. The auditing and accounting firms have professional auditors with international experience. Their expertise and knowledge of accounting software and cost-effective services are an invaluable resource for companies in need. 

Al Riyady is a top auditing and accounting firm in UAE with an expert team and years of experience. Contact us today for all your business-related queries regarding Accounting Services, Auditing Services, Tax Consultancy, and more.