DAFZA Approved Auditor in Dubai, UAE
DAFZA Approved Auditor
Auditing firms are the backbone of any organization. A strong audit firm is a critical part of your business’s success.
Dubai Airport Free Zone is one of the most important business hubs in the world. It’s a vibrant, thriving environment that is home to some of the most exciting companies in the world. But with so many businesses situated here and so much activity, it may be challenging for enterprises to manage their finances and make sure they have the resources they need to grow.
Why Are Audits from Approved Auditors Required in DAFZA?
Businesses operating in the Dubai Airport Free Zone must have the DAFZA approved auditor audit their books of accounts because:
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- It is prohibited for audit companies that are not registered with the Dubai Airport Free Zone Authority (DAFZA) to perform audits, liquidations, or offer any other services to DAFZA licensed businesses.
- Auditing is required for both Free Zone Establishments (FZE) and Free Zone Companies (FZCO). The purpose of this criterion is to ensure that the registered businesses abide by national and international laws such as the International Financial Reporting Standards (IFRS), Anti Money Laundering (AML), and Combating Financing of Terrorism (CFT).
- The DAFZA accredited auditor is expected to carry out investigations to determine whether the business has kept the correct and comprehensive records as required by the Federal Tax Authority and Ministry of Finance (FTA).
DAFZA approved auditors are knowledgeable about all the laws and norms that apply to your company and can assist you in ensuring that you are abiding by them.
Approved Audit Firm in DAFZA
Farahat & Co. is an approved audit firm in Dubai Airport Free Zone. We are one of the top audit firms in Dubai and an active member of Leading Edge Alliance (LEA) GLOBAL, the second largest international association in the world. We have assisted clients in improving their financial understanding and in making wise financial decisions. We assist clients in ensuring that their business has everything it needs to succeed, including precise financial records.
Auditing Services at Farahat & Co.
Our top-notch auditing services include:
- An audit of all areas of finance within your company
- Assistance with understanding any changes made by external parties that could impact your finances
- A review of internal controls so you can make sure they are working properly We can provide services for all types of auditors including:
- Internal Audit Services
- External Audit Services
- Forensic Audit Services
- Tax Auditing Services
- Compliance Audit Services
- Financial Control Audit Services
- Audit Preparation Services
Why You Should Choose Us?
- We have 30+ years of experience working with businesses in the Dubai Airport Free Zone (DAFZA) and around the region, so we are aware of what it takes to select an auditor who will help you move through this process quickly and easily.
- Farahat & Co. is dedicated to providing you with high-quality services that help you expand your business—and that includes going above and beyond the call of duty when it comes to locating the ideal audit firm for your requirements.
- We provide a wide range of quality services including forensic accounting, legal accounting, liquidation and insolvency, VAT accounting and consulting, compliance and corporate governance, HR management, company deregistration, management control audits, payroll accounting outsourcing, internal control reviews, fraud examinations, among many others.
- We also provide consulting services for businesses looking for help from external auditors to ensure adherence to global standards and guidelines set by governing bodies like IFRS and AICPA.
