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Audit & Assurance Services in Dubai

ICB offers audit and assurance services in Dubai that go beyond formalities; by delivering clarity, compliance, and confidence all at once. As a trusted name among audit firms in Dubai, we provide independent assessments of your financial records to help stakeholders gain a true understanding of your company’s performance. Every audit we conduct is aligned with UAE laws and international standards, ensuring that your financial reporting meets the expectations of regulators, investors, and financial institutions alike. Our team brings a sharp eye for detail, deep regulatory insight, and a risk-focused approach to every audit. With ICB’s audit and assurance services in Dubai, you’re not just meeting audit requirements, you're building a more transparent and accountable business.

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Our Services Include:

Statutory Audit

ICB’s comprehensive statutory audit services are designed to meet the legal requirements set by government bodies, local authorities, and financial institutions. Our statutory audits review both internal and external documents prepared by your management to evaluate your company’s financial position and performance. This process helps confirm that your financial statements present a true and fair view while aligning with applicable laws and regulations.

Internal Audit

ICB recognizes the vital role internal audits play in strong organizational governance. Initiated by business owners and conducted by our skilled internal audit team or trusted external partners, our internal audits provide shareholders with clear insights into your company’s financial performance. Our extensive audit reports include detailed findings and actionable recommendations to address control weaknesses.

Through regular internal audits, ICB offers continuous monitoring and assessment, delivering ongoing insights and tailored suggestions to enhance your internal processes. Our audit and assurance services in Dubai help your management team identify risks early and develop effective strategies to manage them, driving improved operational efficiency and stronger business resilience.

Forensic Audit

A forensic audit is a detailed examination of your business’s financial records and transactions aimed at detecting fraud, illegal activities, or financial irregularities. ICB’s forensic audit and assurance services in Dubai offer an impartial and thorough investigation to identify vulnerabilities, protect your assets, and minimize future risks. Utilizing advanced techniques and tools, our expert forensic auditors not only trace inconsistencies and root causes of financial issues but also prepare reports admissible in legal proceedings.

VAT Compliance

Understanding tax regulations in the UAE demands precision and expertise. At ICB, we offer holistic tax compliance services to help your business meet all regulatory obligations efficiently. Our specialists assist with accurate tax registration, timely return filings, and thorough record-keeping to avoid penalties and maximize compliance efficiency. We keep you informed about evolving tax laws and provide tailored solutions to ensure your processes align with the Federal Tax Authority's requirements.

AML Compliance Audit

ICB’s AML compliance audit is designed to assist businesses in Dubai in meeting the regulatory requirements for Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT). Our audit and assurance services in Dubai identify gaps in your compliance framework and help mitigate the risk of financial crimes. Whether you operate in financial services or high-risk non-financial sectors, we provide clear, actionable insights that align with UAE regulatory authorities and international AML/CFT standards.

Due Diligence Services

Thorough due diligence is crucial for making informed business decisions, particularly during mergers, acquisitions, or significant investments. Our experts perform in-depth studies and investigations to assess risks, identify potential issues, and provide valuable insights into the financial, operational, and legal aspects of the target company. Our due diligence process ensures that your decision-making is based on accurate and up-to-date information, helping you avoid costly mistakes and ensuring the success of your business ventures.

Our Comprehensive Audit Process in Dubai

ICB’s audit process is designed to deliver insightful, detailed reports that help you understand the strengths and weaknesses of your business in Dubai. We utilize our legal knowledge and deep industry expertise to provide unparalleled audit and assurance services in Dubai that meet your unique needs and objectives.

  • Initial Consultation & Scoping:

We meet with you to understand your business, identify key financial areas, and define the scope and objectives of the audit.

  • Risk Analysis & Planning:

Our team assesses financial and operational risks to prioritize audit activities and develop a detailed audit plan tailored to your company’s needs.

  • Detailed Verification & Study:

We gather and review financial records and transactions to validate accuracy and compliance with UAE regulations and accounting standards.

  • Financial Analysis & Anomaly Detection:

Using advanced analytical techniques, we examine financial data trends to detect inconsistencies or unusual patterns that may require further attention.

  • Reporting & Review:

We compile our findings into a comprehensive audit report, highlighting key insights and recommendations, and discuss these with your management team.

  • Post-Audit Support:

Following the audit, we offer guidance on implementing recommendations and assist with regulatory compliance and future audit preparations

Why Choose Us?

When you partner with ICB Tax and Consultancy for your auditing needs, you benefit from our unmatched combination of expertise and personalized service that delivers outstanding results, making us the most trusted audit and assurance services in Dubai.

01

Deep Local Expertise:

With extensive experience in the UAE’s regulatory environment, we expertly handle local compliance requirements, including offshore, free zones, and mainland regulations.

02

Industry-Specific Knowledge:

Our auditors specialize in diverse sectors and industries, delivering insights tailored to your industry-specific challenges.

03

Personalized Client Service:

We assign dedicated audit teams to every client, ensuring close collaboration and a thorough understanding of your business goals and risks.

04

Proactive Risk Management:

Using advanced analytics and real-time data tools, we help you identify emerging financial risks before they impact your business.

05

Committed to Ethical Standards:

Integrity and confidentiality are the foundation of our service, and we align these ideals with the UAE’s ethical standards and your expectations.

06

Focused on Value Addition:

Beyond compliance, our audit process highlights opportunities for operational improvements, helping you enhance efficiency and growth potential.

FAQ

Yes. ICB often works with small and medium businesses without in-house finance teams. We’ll collaborate with your accountant or external bookkeeper and assist you in organizing financial records, if required.

Have more questions? Book a call now