Ethics Plus is a leading mid-sized audit firm in UAE with offices in Dubai and Sharjah and has been
a trusted auditing services advisor to businesses in the region for over two decades.
As one of the most dependable audit firms in Dubai, we have vast experience in providing a range of statutory and internal auditing services as well as governance, risk, and compliance support services. The services provided by our auditing company in Dubai are focused, quality-oriented, and conducted with the utmost diligence and professionalism. Our auditors in UAE look beyond the numbers to interpret financial and operational data to identify potential problems, recommend and implement solutions and participate in long-term planning and decision making.
Financial or statutory auditing services comprise an independent auditor examining an organization’s financial statements and accompanying disclosures, which results in the auditor attesting to the fairness of the material presented. An audit of financial statements is integral to verify a company’s accounting records and business controls, and its fundamental objective is to provide an independent assurance that the management has its financial statements in place and to present a ‘true and fair’ view of a company’s financial position.
As an experienced audit firm in Abu Dhabi, we recognize that to deliver an effective financial statement audit, it is imperative that we look beyond just the accounting entries and dig deeper into the underlying business activities.
More than a historical review, an effective audit process can be a powerful tool for a positive change. We advise you on the consistency and reliability of your financial information and provide you with recommendations for improving profitability as part of our auditing services. The professionally trained audit team at our audit firm in Sharjah is armed with an in-depth understanding of your business and your industry and will use state-of-the-art audit techniques to assess risks and focus its work on the key areas of your financial statements. Further, we are DIFC and DMCC-approved auditors with a wide range of clientele across sectors.
The knowledge that we build through our auditing services in Dubai is in turn used by us to advise you on how to improve your business.
The key steps in a financial statement audit are:
A review is conducted when a lower degree of assurance than an audit is acceptable. Additionally, in order to reduce your risk of internal fraud, internal control reviews are critical. As part of our audit service UAE, we review financial statements by conducting several analytical procedures such as ratio analysis, comparison of your operating statistics to prior periods or industry averages, as well as other financial analyses deemed appropriate.
Our auditing services in Dubai are often requested for specific areas of the financial statement without conducting a ‘complete scope’ financial audit. This often results in cost savings, and the scope of the audit can be tailored to the client’s specific objectives. However, the nature, timing, and extent of the procedures agreed upon might vary based on the requirement – usually, clients assume responsibility for the sufficiency of the procedures based on their needs. For this type of audit, we would report factual findings and not provide any opinion or assurances in the final report of the audit service.
Our audit firm has substantial experience in providing an internal audit in Dubai to organizations across all industries and of varying sizes. Our risk-based approach to internal audit transforms a traditionally tactile and reactive function to a more strategic one that impacts financial effectiveness & regulatory compliance, drives operational excellence and pro-actively manages risk.
We deliver internal audits that are risk-based, industry-specific and customized to the company’s operational size and structure. As part of our internal audit in Dubai, we focus on first understanding the business and risks involved and concentrate our efforts on where they matter the most. Our risk advisory consultants have multi-industry exposure and specialized skill sets. They focus on creating sound internal controls while remaining committed to achieving tangible results.
We are a DMCC-approved audit firm with a wide variety of clientele. We are also listed in major free zones such as DIFC, JAFZA and DAFZA, among others.
The main purpose of an audit is to provide an independent opinion on the financial statements of an organization. This opinion can be used by shareholders and other interested parties to make informed decisions about the organization. An audit also provides assurance that the financial statements are free from material misstatement, whether due to fraud or error.
The audit process typically involves four main steps: planning, fieldwork, reporting, and follow-up.
“Outsourcing to Ethics plus was one of the best decisions that I made. I was able to maintain my cost and make my financial decisions in accordance with best practices.”
“Me and my company are very happy by the services offered by Ethics Plus.I would recommend them to anyone who wants to have readymade solution in setting up business in Dubai.”
“With Ethics Plus, we get a higher level of technical expertise that one would expect from a large multinational firm with the added personalization of a smaller organization.”
“I didn’t start my business to worry about accounting. Working with Ethics Plus team allows me the time and peace of mind to focus on my core competencies, not on the books. I know Ethics Plus are ready when I need them.”
“We were looking for someone who could deliver a diverse range of advisory services under one roof. Ethics Plus gave us that flexibility.”
“On a personal level, I’m looking for one-to-one contact and unbiased advice. With Ethics Plus, I get real value in terms of what is right for me”.
“We have worked with Ethics Plus for the last 10 years and find them to be professionals, easy to work with and thorough. They approach the audit in a well-organised manner. They are respectful of our staff and not intrusive.”
“You helped turned my business ideas into a comprehensive and ambitious yet workable business plan. My business is in its early days but so far my goals have been met and things are looking good.”
“For the past 7 years, Ethics Plus has consistently done a professional, ethical and expert job for us each instance we have needed them, and we indeed have needed them. Immediate access, no delays, clear, straight forward and organized – total peace of mind. We wish them best of luck.”
“Outsourcing our accounting needs to Ethics Plus, has been a great decision for our company. Keep up the good work!”
“When compared to others, I got significantly more value for my money from Ethics Plus. They brought business knowledge to the table and are very easy to work with.”
“Ethics Plus has brought a high level of expertise to our engagement. They are always ‘time conscious’ and we appreciate their proactive support. Its comforting to have this level of confidence in our auditors who have really ‘made owning a business less stressful’.”
“From our very first meeting, Ethics Plus always had our best interests at heart”
“Ethics Plus has been integral to the success of The Fridge”
“For the past 4 years we have never had anything but the best experience with the Ethics Plus team of professionals. 100% satisfied.”
“I used Ethics Plus to help me with a business plan when a close business associate recommended them. I was delighted with their quality of work and the dedication they displayed. They worked very hard to get my plan completed on time. I recommend Ethics Plus to anyone who needs good services.”
“I am always amazed by the knowledge base of their team. Whenever I have needed an advice, whether it was on feasibility of new ventures or when we were working on restructuring our capital requirement or personally, Ethics Plus have always been on hand to lend their advice and expertise. I would confidently recommend them to anyone.”
“The Ethics Plus accounting team are efficient and professional in all their work. I am convinced that engaging Ethics Plus services for all our accounting needs was the right decision”
“We have been a client of Ethics Plus for more than 6 years now. They have always performed a strong audit for us. I would highly recommend their services to anyone.”
“I am so happy and relaxed since Ethics Plus handle our financial services professionally. I value not only the services they provide to our association but their advice and our partnership.”
“The fact that we have been a client of Ethics Plus for almost 12 years should speak volumes. We have found Ethics Plus to be very professional, knowledgeable and responsive to our needs. The trust factor is very high; they give us great comfort with our financial matters”.
“Ethics Plus knows our business needs and exceed our expectations – they have a great accounting team.”
Audit & Assurance is an evaluation of an organization, its system and processes and testing them based on statistical samplings. It is done to ascertain the validity and reliability of financial information and provide an assessment of a system’s internal control. An audit conducted by any one of the dependable audit firms in Dubai seeks to provide only reasonable assurance that the statements are free from material error. A set of financial statements are said to be true and fair when they are free from material misstatements.
Auditing services in Dubai are much more than a formality; they are a real necessity to protect businesses and encourage them to thrive. It is crucial to engage an Audit & Assurance Service to review the company’s financial status, system processes, and internal controls in order to assess the effectiveness and efficiency of these components. It would also increase accountability and transparency.
Not at all, it is our endeavour to make the process as hassle-free as possible. Audits are usually divided into 3 phases. First comes the proposal submission and approval, where the audit firm would submit a proposal based on an initial review of the financial information of the company. Then, the auditor would embark on fieldwork to obtain necessary documents and financial statements from the management. The third phase includes the compilation, review and submission of the final auditor’s report to the management.
Suite No. 108 & 109, Mezzanine floor, Al Diyafah Shopping Center, 2nd December Street, Al Bada’a, Dubai.