Discovering the top audit firm in Dubai can be difficult, but with thorough research you can find the best firms offering the best financial services. For making your business successful, an audit firm plays an important role in its growth and financial health. Although it is not necessary for mainland companies to conduct an audit, audit firms can help with maintaining the accounts of the company according to the international accounting standards.
In almost all of the free zones in the UAE, the law mandates the companies to have their accounts audited by the audit firms. This process is necessary for companies when they want to renew their trade license once a year. Hiring a trustworthy and distinguished audit firm is the best thing for your company. Here we have compiled a list of audit firms in UAE to help you with your business’s accounts and finance.
Top 10 Audit Firms in UAE
Working with reputed audit and accounting firms can help your future business partners to trust your business and it also helps you assure that the company you are dealing with is trustworthy.
Let us look at the best and trustworthy audit firms in the UAE.
CDA Audit – Top Audit Firms in Dubai
CDA accounting and bookkeeping services is one of the top reputed accounting firms in Dubai. They provide the best accounting, auditing, and business consulting services according to the needs of their customers in a profitable way. Their highly skilled team of accountants in Dubai that offers the best accounting and auditing services to its clients. The firm is known for an inclusive approach to give thought to understand the needs of every business for the best performance.
Deloitte – Top Audit Firms in Dubai
Deloitte is one of the distinguished and top 10 audit firms in UAE providing auditing services, risk and financial advisory services and much more. The firm offers different types of audits such as statutory audit, compliance audit, operational audits, and other financial services for various industries. It has a global network of firms in more than 150 countries which is collectively known as Deloitte Organization. The firm also provides tax services, tax technology consulting and much more.
Ernst & Young
Ernst & Young (EY) is also one of the big auditing and accounting firms working in over 150 countries. The firm is enabled by data and technology and helps clients operate, grow and transform their business. They provide services related to assurance, consultancy, tax and transaction, law and strategy. Their services are powered by leading technology such as, AI, blockchain, cybersecurity etc. Through the powerful technology and unique capability and experience, they help their clients with the toughest challenges they face.
Bens Chartered Accountants
Established in 2015, Bens chartered accountants provide accounting, bookkeeping and tax services to businesses especially startups. Their team includes professional internal and external auditors, qualified bookkeepers and accountants. The firm is registered in all freezones, banks, RERA, MOE and DIFC. The firm provides expert CFO services, website and SEO services, corporate and VAT consultancy to its clients all across UAE. Bens chartered accountant have independent professional firms in Dubai, Islamabad and London.
Grant Thornton LLP
Grant Thornton is a member firm of Grant Thornton International. It is one of the largest and leading audit and assurance firms to help businesses achieve their full potential. It is operating all over the UAE providing clients with advisory services, CFO advisory, Risk advisory, growth advisory, technology modernization and more. Grant Thornton LLP is the sixth largest accounting and consulting firm in the US.
PricewaterhouseCoopers (PwC)
PwC is one of the top leading auditing firms in Dubai, UAE. The company’s headquarter is in London, with branches in more than 140 countries with a staff of more than 370,000. The firm helps individuals and businesses with quality tax, assurance and advisory services. The firm is one of the largest firms in terms of revenue. Their services include business transformation, alliances and ecosystems, legal business solutions, consulting, crisis management, family business, tax and much more.
A&A Associate LLC
Auditing & Accounting Associate is a leading award winning auditing and accounting firm in Dubai, UAE. It caters to a wide range of business solutions to help companies grow and successfully run their business. They have an exceptional team of auditors catering to the clients business needs. They help with business setup in mainland, free zones and offshore. Their wide range of services include, accounting, auditing, advisory and consulting, CFO services, VAT services, assurance, pro services and much more.
PKF UAE
PKF UAE is a leading auditors, business consultants, tax and accountants providers in Dubai and Abu Dhabi. The firm is operating in over 150 countries with 400 offices and 23,000 professionals. They have a team of professional advisors who provide high-value advice based on local and global experience. The firm provides various services including audit and management assurance, internal & external audit, financial model validation, feasibility studies, accounting services and much more.
Quantum Auditing
Quantum auditing is one of the top auditing firms in the UAE and Bahrain that provides expert services to grow their business, while increasing efficiency and competitiveness in the industry. The firm helps clients achieve their goals by understanding their monetary affairs and finances. Their services include internal audit, forensic audit, VAT consulting, company incorporation, enterprise risk management, business valuation, outsourced CFO services and much more.
RVG Chartered Accountants
Established in 2000, RVG chartered accountants are the top provider of audit services in Dubai. The group has a wide range of clients ranging from large companies to sole traders and contractors. They understand the needs of their clients and provide the best services with effective pricing. They provide accounting & bookkeeping services, cloud based accounting, tax audit, stock audit, business advisory and much more.
Purpose of an Audit Firm in Dubai
Hiring an experienced audit firm is mandatory as they provide the following benefits,
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- Compliance. The role of the auditor is to make sure the firms are following the local laws and regulations and accounting standards set by the authorities in the country.
- Management of Risks. Audit firms help companies understand and limit financial risks, and provide insights to areas of inefficiencies and potential losses.
- Accuracy of Financial Records. They verify the accuracy of financial records of the company, making sure they are reliable and transparent. Audit also helps maintain the image among the shareholders, investors and lenders.
- Increases Credibility. Having audited financial statements increases the credibility and reputation in the market.
- Decision Making. With the help of audited financial reports, businesses can make informed decisions about company operations and management of investments and creditors.
- Investor’s Confidence. Investors mostly ask for audited financial records before making investments. Having audited financial records increases a company’s financial health and integrity and increases investors confidence.
Final Thoughts
In the end we can say that there are many top audit firms in Dubai for you to choose from. Through this article you can review and select the right audit firm that suits you best. Make sure to consider the experience, expertise and customer reviews of the firm you are selecting as the right audit firm can help you understand any kind of financial risks and help with the growth of your business.
Al-Riyady is here to help you with all business related problems in the UAE. Our team of experts can help you achieve your business goals by understanding your business structure and internal operations. We provide Auditing Services, Accounting Services, FTA approved accounting, Tax Consultancy and more.
