External Audit
Independent or external auditors in Dubai act as a trusted intermediary between those who provide the financial information and those who make use of the data.
Purpose of an External Audit
The external audit is an independent assessment of a company’s financial statements. Audits offer reassurance to stakeholders that the company’s
Procedure of External Audit
An external audit procedure consists of the following steps:
Accepting the project – the auditor accepts the given project
Audit program – The overall company data is assessed by the auditor
Gathering evidence – Auditor cross-check company records and assets
Reporting – The audit report is prepared and submitted
How Auditing can help?
Through external audit services, we devote time to fully understanding each client and the business. By this, we can identify the key areas and risks to which the businesses are exposed and hence focus our audit effort thereon. We plan our engagements based on an assessment of internal controls and resources at client organizations, which in turn helps us to provide cost-effective external auditing services.
The external audit ensures the completeness and accuracy of the accounting records within the accounting framework eradicating errors, frauds and misstatements. Gnosis offers seamless external audit services to help both private companies and the government to check accounting documents.