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AUDIT & ASSURANCE SERVICES

Statutory Audit

Professional, accurate, and FTA-compliant solutions optimized specifically for your Statutory Audit requirements in the UAE.

100%
Regulatory Alignment
IFRS
Compliant
UAE
Laws Adhered
Actionable
Recommendations

Statutory Audit

Fincore provides mandatory compliance audits in strict accordance with UAE laws and international auditing standards. We ensure your financial statements are accurate, compliant, and fit for decision-making by regulators, investors, and lenders.

Our approach focuses on material accuracy, rigorous internal control testing, and meeting strict filing deadlines, delivering clear audit opinions and management letters with actionable recommendations.

Statutory Audit Process

Independent assurance for regulatory compliance.

01

Audit Planning & Risk Assessment

Identifying material risks and tailoring our audit strategy to focus on high-impact areas specific to your business model.

02

Internal Control Testing

Evaluating the design and operational effectiveness of your internal controls to ensure financial data integrity.

03

Substantive Testing

Rigorous verification of account balances, transactions, and disclosures against underlying documentation.

04

Reporting & Management Letter

Issuing the formal audit opinion and providing management with a detailed letter highlighting control weaknesses and recommended improvements.

Audit Deliverables

Clear, independent verification of your financials.

Signed Independent Auditor's Report.
Audited Financial Statements (IFRS compliant).
Management Letter outlining control recommendations.

Statutory Audit FAQs

Find answers to the most common questions about our Statutory Audit services in the UAE.

Is a statutory audit mandatory for all UAE companies?+
Yes, under the UAE Commercial Companies Law, all mainland companies (and most free zone entities depending on their specific regulations) must have their financial accounts audited annually.
What accounting standards do you audit against?+
We audit financial statements prepared in accordance with International Financial Reporting Standards (IFRS).
How long does a statutory audit take?+
The timeline varies based on company size and readiness, but typically ranges from a few weeks to a couple of months from planning to final reporting.
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