Home > Services > Accounting Auditing Services

Accounting and Auditing Services in UAE

Complete Portfolio of Auditing, Accounting and Assurance Services in Accordance to International Standards, Customized to Individual Business Needs!

Commitbiz is a reputed name when it comes to offering entire range of audit, assurance and accounting services as per the UAE regulatory requirements. Our registered auditors are well aware of the functionality of the financial services industry, and adhere to the International standards of Assurance, Auditing, Review, Quality Control, and Other Related Services issued by IFAC (International Federation of Accountants).

Our team has the technical competence to understand your business model and processes in detail, and carry out the audits as per the Commercial Company Law. Moreover, we are able to emphasise on crucial risk areas of your business by leveraging an approach that assimilates high standards of objectivity and professional independence.

Get online free quote by answering 3 questions

  • Get a Quote

Our Key Services in a Nutshell

Our primary services include:

Accounting Services

  • Accounting/Bookkeeping
  • Accounts Consolidation
  • Accounts Payable Outsourcing
  • Conversion, Installation, Selection, and Support of Software
  • Fixed Assets Compilation, Maintenance and Verification
  • Forecasting & Projections
  • Preparation and Mapping of Chart of Accountants
  • Verification and Valuations of Inventory

Audit Services

  • External Audit
  • Information Systems Audit and Risk Management
  • Internal Audit and Control System Reviews

Assurance Services

  • Business Restructuring
  • Business Valuations
  • Due Diligence
  • Forensic and Other Investigations
  • Liquidation/ De-registration Services
  • Mergers & Acquisitions
  • Pre-agreed Compilations, Reviews and Procedures

Accounting Services

Our accounting services aim at accurate financial record maintenance so as to reduce the administrative burden and curtail excess financial costs. This helps our clients streamline their business growth and improve company's performance by concentrating on core risk areas in business with increased flexibility to respond to requirements.

Our accounting offerings include:

  • Accounting / Bookkeeping
  • Accounts Consolidation
  • Accounts Payable Outsourcing
  • Conversion, Installation, Selection, and Support of Software

Audit services

An audit is a valuable tool for business owners, as it has been proven invaluable in finding potential threats to one's business. Audit is not a mere formality, it's a necessity that needs to be conducted with complete integrity, independence, and objectivity to protect business interests and make it to thrive. Our auditing procedures follow all current and projected auditing and reporting standards, and are tailored to suit unique client requirements. With optimum utilization of advanced technology and computerised audit tools, our audit team conducts an independent professional evaluation and highlights potential problems faced by companies and their management, and provides them valuable advice.

Our audit services include:

External Audit

External audit focuses on understanding various aspects of the client's business, including,

  • Business Processes
  • Capital Management (Fixed and Working)
  • Industry-specific Processes
  • Management of IT Controls
  • Personnel and Human Resources
  • Revenue Cycle and Marketing

Additionally, it involves identifying the areas for improvement, by analysing business risks, business processes, and business performance against management objectives and industry standards, and suggesting implementable strategies to achieve organizational goals.

Information Systems Audit and Risk Management

Information Systems Audit (IT Audit) is important for the organizations, as it helps them prevent and reduce the risks of data loss or leakage, poor system management, service disruption, and data tampering. Additionally, it provides assurance that reliable information is provided to the users, their systems are properly protected, and overall organizational growth is achieved. As a part of IT audit and risk management we ensure:

  • Design of IT Controls to Prevent and Detect Unauthorized Transactions
  • Support Complete and Accurate Financial Objectives
  • Timely Availability of Necessary Information, Confidentiality and Integrity

Internal Audit and Control System Reviews

Strategically it's imperative for public sector and corporate organizations to have a smooth-running internal audit department; however, it's not always possible to do so, therefore, most of the times clients prefer to outsource entire internal audit functions to a reliable firm, like Commitbiz. We use a risk-based approach to assess internal control structures to improve clients' performance and operating efficiency, and offer comprehensive interim and full-time internal audit services, which comply with all UAE laws and regulations & adhere to operational procedures. Our internal audit professionals go beyond the traditional fundamentals to elevate internal audit to today's corporate governing and add a tangible value.

Assurance services

Commitbiz facilitates its clients attain their business objectives by providing continuous reporting and mapping of commercial and financial issues, thereby enabling strategic decision making.

Our assurance services include:

Business Restructuring

Our business restructuring services help businesses overcome challenges faced on a day-to-day basis, our services include:

  • Business and Operational Restructuring
  • Contingency Planning
  • Corporate Simplification
  • Financial Advice and Assistance

Business Valuations

It's important for businesses to have clarity about the fair value of their assets; we help them ascertain correct value of their financial assets by providing:

  • Business Combinations
  • Fair Value Accounting
  • Fairness Opinions for Mergers and Acquisitions
  • Financial Instruments Valuation
  • Share Based Payments

Due Diligence

As a part of Due Diligence, our team assists buyers and sellers engaged in acquisition or mergers verify the accuracy of exchanged financial information and ensure that the risk management and governance objectives are fulfilled. We assist our clients with all types of due diligence, namely Financial, Strategic, and Operational, which includes:

  • Financial & Accounting Due Diligence
  • Human Resources
  • Information Technology
  • System Due Diligence

Forensic and other Investigations

We have vast forensic accounting and investigative experience and help our clients detect any fraudulent or questionable business activities, and avoid pertaining huge losses. Our services include:

  • Awareness Trainings
  • Conflicts of Interest
  • Embezzlement
  • Fraud Investigation and Forensic Accounting
  • Fraud Risk Management

Liquidation/ De-registration Services

For all companies in UAE, Dubai, RAK, Sharjah, Ajman, Abu Dhabi, and Fujairah, we prepare all mandatory documents required for liquidation like liquidator's statement, power of attorney, Board resolution, audit report, etc. We serve diverse business entities, like Free Zone Companies, LLC, Mainland Companies and Offshore Companies, by offering liquidation services which include:

  • Administration of Complete Documentation
  • Administration of Liquidation Process
  • Co-ordination with Required Legal Authorities and Government Departments

Mergers & Acquisitions

We are a well-known business advisory company, and help our clients oversee successful financial transactions and deals, and create value through acquisitions, disposals, mergers, and restructuring. To achieve our objective, we identify issues and points of negotiation and value, develop the right strategy so that the deals execute seamlessly, and implement changes and improvements to ensure success of the deal.

Pre-agreed Compilations, Reviews and Procedures

  • Assurance Other than Audits or Reviews of Historical Financial Information
  • Assurance Reports on Controls at Service Organization
  • Compiling Financial Information

Commitbiz for Accounting, Auditing and Assurance Services

Commitbiz has an experienced team of professional accountants, which has vast exposure in working for different industries, enabling them identify high-risk areas and develop constructive ways to control the existing risks faced by the clients. We leverage up-to-date information technology and latest Software to analyse, document, extract, manage and review our audit, assurance, and accounting processes. Coupled with the vast experience of our professional team, these tools support and complement our service approach beautifully while planning, execution, and reporting, and allow us to offer formidable solutions.

Here are few reasons that lead clients opt for our services:

  • Clearly Defined Logistics and Engagement Rules
  • Complete Understanding of Clients' Expectations
  • Concurrence on Critical Issues and Assessments
  • Dedicated Project Manager, and Trained Professional Team
  • Effective & Creative Communications
  • Insights and Meaningful Suggestions

If you are looking for a trust-worthy and experienced company for audit and accounting in the Middle East, Commitbiz is the partner of choice. Contact us today to avail our services; our team will be glad to assist you.

Contact Us

Get a Quote