Audit of Financial Statements

Trust & Confidence in every number

A high-quality financial statement audit provides stakeholders with confidence in the reliability and integrity of material financial information. It also provides an opportunity to identify financial reporting risks and strengthen relevant controls and processes.

Baker Tilly UAE provides statutory and financial statement audit services using risk-based methodologies, experienced professionals and technology-enabled audit procedures. Our audits consider the organisation's business model, industry, financial reporting environment and key risks.

We examine financial information, accounting records, transactions and relevant controls in accordance with applicable professional standards and financial reporting requirements. Our approach is designed to provide independent and objective assurance.

As one of the  leading audit and assurance firm in the UAE, Baker Tilly UAE combines local knowledge with international expertise to deliver audit services that go beyond compliance and provide meaningful insights to management.

FAQs

What is a financial statement audit?

A financial statement audit is an independent examination of financial statements to provide assurance on their preparation and presentation.

Does Baker Tilly UAE provide financial statement audit services?

Yes. We provide financial statement audits and statutory audit services, where applicable, for businesses across the UAE.

Would Baker Tilly prepare the financial statements and issue the audit report?

No. The preparation and presentation of the financial statements are the responsibility of the client’s management. Our responsibility is to independently audit those financial statements and issue an audit opinion on whether they present a true and fair view, in all material respects, in accordance with the applicable financial reporting framework.

Why are financial statement audits important?

Financial audits provide stakeholders with greater confidence in financial reporting and can help businesses meet statutory, regulatory and contractual requirements.

What does a financial statement audit cover?

A financial audit can examine financial records, transactions, accounting policies, internal controls and supporting evidence relevant to the financial statements.

What documents you need for audit?

We need plenty of information i.e., accounting records, supporting documents, tax returns, corporate documentation, bank statements, independent bank confirmations and other relevant supporting documents to express our opinion on the financial statements.