Audit Services

Audit & Certification

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In-Country value(ICV) ADNOC has launched an In-Country Value (ICV) program with the objective of growing and diversifying the UAE’s economy and creating opportunities for UAE nationals in the private sector. As part of ADNOC’s ICV program, all ADNOC suppliers are required to declare their ICV achievement (ICV Certificate). ADNOC requires an annual third-party verification of […]

Audit Services

Business Valuation & Restructuring

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STANDARD VALUATION: This will provide you with an assessment of your businesses value at a specific point (usually your current year end) by using a variety of methods typical for your sector. It will be based on real time deals in your sector, with a brief outline of sector activity and a summary of relevant […]

Audit Services

IFRS Impact Assessment

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INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS): International Financial Reporting Standards (IFRS) is a set of accounting standards developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB). The goal of IFRS is to provide a global framework for how public companies prepare and disclose their financial statements. IFRS provides general guidance for the […]

Audit Services

Investigation Audit

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Investigating audit: Investigative Auditing consists of the detection, tracing, quantification and prevention of fraud, money laundering and terror finance. Investigative Auditing involves the examination of accounts and the use of accounting procedures to discover financial irregularities and to follow the movement of funds and assets in organizations. The objects of Investigative Auditing include, Identification of […]

Audit Services

Risk Management

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It is the identification and prioritization of risks followed by coordinated and economical application of resources to reduce, check and control the likelihood and impact of adverse events or to maximize the awareness of opportunities. Risk management’s objective is to guarantee that indecision and hesitation does not repeal the effort or attempt from the business […]

Audit Services

Internal audit

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Partners and managers are taking active interest in the effectiveness of Risk Management and Control Assurance areas in their organization. Stakeholders are increasingly demanding a higher degree of transparency and ethical behavior. Consequently, organizations are introducing risk-based internal audit plans, which are designed to focus on critical areas. Appropriate risk management systems enable organizations to […]

Audit Services

Due diligence audit

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A due diligence audit involves the assessment of an organization, in order to determine its financial performance. It helps one to gain a greater understanding of the business earning capabilities, the competency of the management, the prospective customers, and suppliers, as well as their financial position. In general, a due diligence investigation is used by […]

Audit Services

Financial Statement Audit

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In our financial statements audit, we undertake to gather evidence and provide a high level of assurance that the financial statements follow generally accepted accounting principles (GAAP), international accounting standards (IASs) and International Financial Reporting Standards (IFRSs) as well. Through our financial statements audit we are searching and verifying the accounting records and examining other […]