Internal Audit Assistance

Overview of Internal Audit Assistance

Internal Audit Firm in Dubai, UAE

Internal Auditing in Dubai involves an independent, objective analysis of the financial transactions in an organization and an essential tool to build strategies for a successful business. A professional internal auditor not only evaluates the financial situation of the company but also offers suggestions and advice in order to perform proper functioning of the company. An experienced internal auditor in Dubai also reviews projects and procedures undertaken by the company and assists in deciding what strategies are to be adopted so as to avoid errors and reduce risks to a minimal level.

Having a professional internal audit firm in Dubai UAE helps in checking your books, ensures transparency and helps maintaining the trust between owners and investors. In addition to ensuring compliance with the laws and regulations, internal auditors in Dubai also help prevent financial scams and fund frauds.

The experienced auditors of Flying Colour Accounting and Tax services is one of the best auditing firm in Dubai which helps in making your business transparent, less risky, easy to evaluate, insightful and error-free.

Our services include the following:

  • Preparation of Financial Statements or Notes to accounts
  • Evaluate & Assisting in the selection of Accounting Policies
  • Reconciliation of Accounts
  • Year-End Entries
  • Preparation of calculation sheets and supporting schedules
  • Evaluate Internal Controls placed
  • Assessing account grouping or classifications in the financial statements
  • Follow up with PBC list provided by the external auditor
  • Answering queries of external auditor related to the above
  • Confirming balances With AR and AP
  • Preparation of Audit Schedule
  • Assessing accuracy in applying Accounting Standards
  • Replying to the queries raised during the Audit

Flyingcolour® assists in all types of accounting, bookkeeping, value added tax (VAT) related advise and VAT return filing, issues related to Federal Tax Authority (FTA), Economic Substance Regulation (ESR) related matters, monthly account related reporting to management (MIS), payroll services, excise and custom related claims and high quality outsourced CFO services through our team of experienced chartered accountants. We have attractive customized monthly accounting packages.

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