6 Reasons To Choose Our Auditing Services In Dubai

When you search for auditing services in Dubai online, you will get a large list of companies to choose from. With so many options, you are bound to get confused. Moreover, not all companies can be trusted and each company is different from the other.

RVG Chartered Accountants, on the other hand, offers a comprehensive range of services.  With this blog, we would like to show you how our company is better than other auditing firms available out there. 

 

Take a look at the reasons below… 

  1. Regulated and Certified

One of the major aspects that customers tend to ignore while looking for the best audit firms in Dubai is the protection of their private information. Over the years we have come across various clients who have shared their information with uncertified firms before and have faced the repercussions afterward. 

With RVG Chartered Accountants, that’s not the case. We are a certified firm that will ensure that the information you share with us remains confidential. 

 

  1. Direct Communication

When you connect with us for accounting or auditing services, we will provide you with the right guidance. Unlike other firms that keep passing clients from one staff member to another, we make sure that you get an assigned professional immediately after your first consultation. 

We believe in building long-term relationships with our clients and that is only possible if there is direct communication. 

 

  1. A Great Deal of Experience 

Choosing RVG Chartered Accountants gives its customers the advantage of its wide scope of experience to handle the numerous tasks and situations that your company may end up in. We use our experience of over 10 years to make sure that the accuracy of your books of accounts is maintained. 

 

  1. Innovative Approaches and Techniques

While the top 10 audit firms Dubai typically focus on providing expensive assistance and services, we do something different. Our team of professionals specializes in helping small and mid-sized companies. Since we are a company that started off a small business, we know the difficulties an owner or manager faces. So, whether you are facing issues like cost limitations, profitability or cash flow management; we understand all of it. 

We use the experience accumulated by working with big businesses to resolve issues that small businesses face. We utilize varied approaches and techniques to fit the exact needs of your business. 

 

  1. Customized Services

Every business is unique…so are the problems it faces. Which is why we do not believe in the phrase – ‘one size fits all’. As one of the most trusted auditing companies in Dubai, we invest time to understand the bigger picture. This means, when you reach out to us for a service, we will comprehend where your company stands and where it needs to be. After getting a clear idea, we build a series of plans and help you accomplish your objectives. 

 

  1. Reasonable Prices, No Hidden Fees

As soon as you get in touch with us, you will realize that our prices are competitive. Besides offering affordable prices, we also guarantee that we won’t charge any additional or hidden charges.  One of the reasons why we’ve made this far is because of the ‘trust’ our clients our existing clients have shown in us. We pride ourselves in working honestly and wish to continue working in this manner in the future as well. 

Now that you’ve read the reasons, we hope you won’t hesitate to contact us. You can contact us via call or simply by filling out our contact us form. In case of questions or concerns, kindly send us an email; we’d be happy to address them.

Kinds of Audit Services in Dubai and why they are a Necessity

 

auditing services Dubai

 

An audit is not just a technicality; this mandatory step is useful if you want to safeguard your business and help it flourish. There are many reasons behind this; some of which include features such as practical conflict-resolution, uninhibited communication, and early warnings.

The procedures involved in an audit are customized according to the particular audit that is being provided by VAT consultants in Dubai. This approach ensures that members are successful in providing an intelligent, constructive, and much better quality of audit to every client.

What are the Various Types of Audit Services in Dubai?

Based on the specific requirements in an audit and its purpose, there are various types of audits that are conducted by the respective members. Some of these are:

Internal Audit: Done by the employees within the organization, this type of audit is focused on strengthening internal control systems. This helps minimize the risk of errors or omissions – both intentional and unintentional. Additional focus areas include protection of assets, sufficient division of authority across main control regions and conforming to internal operating policies as well as guidelines.

External Audit:

Statutory Audit: A statutory audit is one that is required by law to be performed at a given time. It is aimed at reviewing the accuracy of an organization’s financial records and determines if it is representing its financial status correctly. For this purpose, various data such as transactional records, bank balances, and bookkeeping records related to a host of private and public corporations, banking institutions, financial institutions, sole-proprietors, and so on, are examined.

Tax Audit: This entails the preparation of a report that includes various forms filled as per the governing body’s rules and regulations. The audit services in Dubai that are offered by our experts also include the following tasks –

● Assessing the notice given by the tax authority and explain about it
● Examining the problems, if any
● Helping our clients in putting together the files and documents for the tax audit
● Evaluating the findings of the tax audit and elaborating them to the client
● Explaining the process and other alternatives available in case the client disagrees with the tax authority’s assessments

Transaction Audit: It is an analysis of results to find out if the activities, resources, and other contributing factors causing them are being handled with efficiency and effectiveness.

Management Audit: The goal of a management audit is to examine the systems, techniques, and regulations followed by an organization’s management in the way resources are controlled and used, the planning of tactics and strategies, and improving the organization along with the employees in it.

Stock Audit: An audit that is done on a business’s inventory and is conducted in the interest of banks and financial institutions. This is aimed at making sure that the security on the basis of which funds are lent by the bank is safe and valued correctly.

VAT Consultants in Dubai: How RVG Chartered Accountants Can Help

Our team of experienced and skilled professionals is equipped to provide the best audit services in Dubai by performing various vital tasks such as the following –

Collect and Examine Proof: We combine the data gathered in interviews with database queries, email correspondence, and information present in hard drives. These findings are reported, after which internal controls are evaluated and restoration options are suggested.

Conduct Internal Audit: The scope of this audit is set according to the internal audit controls and performed with cost control as the priority. This is done to make sure that there aren’t any mistakes made by the employees either deliberate or accidental. We are excellently trained in protecting your organization’s assets and ensuring the smooth operation of procedures as well as the proper implementation of internal policies and guidelines.

Due Diligence: Our team helps clients in performing financial, legal and accounting reviews in different scenarios like investments, mergers or acquisitions. An excellent grasp of local laws, regulations and accounting practices gives us the ability to weed out all crucial problems in detail.

SMALL CHANGES, BIG SHIFTS

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