Audit firms in Dubai play a major role in the success of any business. It’s mandatory for a business to maintain its accounts and strong financial control.
Hiring the best audit firms in Dubai that provides qualified auditors will help you in understanding the financial position of your company.
There are many audit companies in Dubai, you need to choose the best among them.
Avoid choosing a service only based on the brand name of any firm, the strategy of depending on brand is not wrong but it is not completely correct. A thorough research is mandatory before deciding.
Read this blog to know the best audit firms in Dubai and to understand the strategy of whom to proceed with.
Top 7 Auditing Firms in Dubai
Deciding which auditing firm in Dubai to choose is the critical part that is directly connected with the success of your business. following is the list of top 7 auditing firms in Dubai;
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Deloitte
Deloitte holds the position of ‘big 4’ among auditing and accounting firms in Dubai and all over the world. This firm has the experience of dealing with huge number of international clients.
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Price Waterhouse Coopers (PwC)
Pwc is also a ‘big 4’ that was established in 1998 and has the experience of guiding many international businesses in achieving success and growth. PwC provides assistance in taxation and assurance services.
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KPMG
This firm is branded for its high quality and efficient services, that helped so many business to maintain proper record if their accounts. KPMG provides assistance in various areas such as taxation, auditing, consultation and advisory services. It has experience of working over 155 countries globally.
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Ernst & Young (EY)
EY provides various services like audit and assurance, taxation and advisory services
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JAXA Chartered Accountants
JAXA is the sole member of The International Accounting Group (TIAG) in U.A.E. This membership allows Jaxa the global reach to serve international clients in a range of business transactions almost anywhere in the world.
Through TIAG Alliance, ranked 3rd alliance internationally since 2012 by Accountancy Age, JAXA Chartered Accountants is part of international alliances consisting of TIAG (alliance of accountants and auditors), TAGLaw (alliance of legal firms) and TAG-SP (alliance of multidisciplinary firms) which span the globe with 290+ firms operating out of 750+ offices in 110+ countries.
JAXA’s team of experienced professionals is committed to providing the best quality services in Audit and Assurance Services, Accounting and Accounting Supervision Services, Tax Agent Services, Corporate Tax and VAT Consultancy, ESR Consultancy, Company Formations and Consultancies, Project Feasibility and Forecasting, ICV Consultation.
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BDO
BDO has a strong client base all around the world. This is one of the qualified auditing firms in Dubai that aims to provide the best and quality services in competitive market by having experts and certified auditors.
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Grand Thornton
This firm was established in 1924 that provides professional auditing, taxation, financial and advisory services to all their clients. Auditors team in Grand Thornton aims to provide efficient services through their innovative techniques.
The above listed auditing firms in Dubai are the few best firms. Choosing a best auditing firm as per your business requirement and financial stability.
Strategies of Choosing the Best Audit Firms in Dubai
There are certain strategies that has to be followed before choose a best audit firm in Dubai;
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Background of the Firm
Understanding the background of an auditor is essential before you hand-over the company information. It builds a trust that your confidential information will be in safe hands. Moreover, it highlights the capacity of the organization to deal with your business requirements.
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Experience
Having a strong industry experience does matter when it comes to handling accounts. The more experienced they are, the more benefit you will be provided with.
It will turn out to be a hassle-free process as they are well-equipped with the accounting standards to be followed. Make sure that your accounting partner holds a good industry experience.
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Approachability
The point of approachability matters a lot. You need to make sure that your partner needs to be approachable enough to listen to you and understand your business needs. The outcome will not only be result-driven but also enhance business relationships.
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Services Offered and Quality
It is essential to have a close look at the services offered by an accounting firms in Dubai. In general, the accounting professionals provide a package related to the core pillars of a company like an audit, accounting, tax, etc.
Having a complete idea regarding the range of services that they offer will help you in choosing the best business partner.
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Affordable Cost
Accounting fees vary from firms to firms depending on the service you avail for. Before you choose your accountant, make sure to have a look at the price list to have a clear idea regarding the price they charge for each service.
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Hands-on-Technology
Technology is what drives the business world today. An accountant must be well-versed with the latest accounting software to be used while dealing with your accounting information.
Having a soft-copy regarding all the accounting essentials turns out to be vital to avoid any mishap in the future.
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On-time Delivery
Time is precious. It would help if you had an idea regarding the time taken by your accountant for delivering a project.
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Existing Clients List
A list regarding the current clients will give a better idea regarding the goodwill of the company, and the position it holds in the market.
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