Auditing Services in Dubai
At Hala Business, we provide reliable and professional auditing services to ensure accuracy and transparency in your financial records. Our expert team helps you comply with regulations, improve internal controls, and provide accurate financial reporting. From income statement audits to balance sheet and cash flow statement audits, we offer comprehensive services that give you a true picture of your business’s financial health. With Hala Business, you can trust that your financial statements are compliant, reliable, and insightful, helping your business grow and stay on track.
Why Hire Auditors?
How it Works?
Our Audit Services
Income Statement Audit
The income statement (also known as the profit & loss statement) provides insights into a company’s expenses, revenues, and overall profitability over a specific period. During an income statement audit, we verify the accuracy of transactions by cross-checking the cash book and other financial records.
Balance Sheet Audit
A balance sheet presents a company’s assets, liabilities, and shareholders’ equity. Our balance sheet audit ensures that all assets, liabilities, and equity are accurately recorded at their correct values. We may also verify the ownership of the assets listed in the balance sheet during the audit.
Cash Flow Statement Audit
The cash flow statement tracks the inflow and outflow of funds within a business. Our audit of the cash flow statement involves assessing the company’s cash transactions to provide a clear overview of its financial position and identify areas where cash flow management can be improved for better liquidity.
Statement of Changes in Equity Audit
This statement shows how shareholders’ equity has changed during a given accounting period, accounting for transactions like dividend payments and equity withdrawals. Our audit verifies these changes, ensuring the accuracy of equity-related financial information.
Why Choose Us?
Financial Statement Audit Policies
According to the UAE Commercial Companies Law, the following are the requirements for financial statement audits:
- Financial statement audits are mandatory for mainland companies in the UAE.
- Audits must be conducted in accordance with the International Financial Reporting Standards (IFRS).
- Audits must be performed annually and can be carried out by one or more auditors.