INTERNAL AUDIT IN ABU DHABI

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Abu Dhabi is the capital of the United Arab Emirates.  Abu Dhabi's rapid development and urbanisation, coupled with the relatively high average income of its population, has transformed the city into a large and advanced metropolis. Today the city is the country's center of political and industrial activities, and a major cultural and commercial centre, due to its position as the capital. 

Major industrial areas in Abu Dhabi are Mussafah Industrial City,  Industrial City of Abu Dhabi (ICAD), Khalifa Industrial Zone Abu Dhabi (KIZAD) and Al Ain Industrial Area. 

Major free zones in Abu Dhabi are Abu Dhabi Airport Business City, Abu Dhabi Global Market, Abu Dhabi Ports Company, ​Higher corporation for specialized economic zones/ ZonesCorp​, Industrial City of Abu Dhabi, Masdar City and TwoFour54​. 

The need for internal audit and risk advisory services in Abu Dhabi. 
​We recognise that the primary objective of conducting internal audits is to provide the  senior management, head of operations, process owners etc. of your organization with a comprehensive and unbiased analysis of the financial reports, management reports, , risks and functional efficiency of your business and to suggest areas for improvement and value-addition.​​

 Why internal Audit ? 

• Effectiveness and efficiency of operations in your company. 
• Reliability of financial statements and management reporting made to the top management. 
• Compliance with local laws and applicable rules & regulations for your company in Abu Dhabi, UAE.
• Safeguarding of assets​​ and various matters concerning the interest of the company, employees, stakeholders.

We specialize in providing internal audit and risk advisory services in Abu Dhabi.
Our standard  internal audit process includes:

• Critical evaluation of internal controls, performing gap analysis and suggesting areas for improvement and efficiency.
• Constructive review of operations keeping your business needs and risks at the forefront of our mind.
• Identification and recommendation of areas for cost reduction and revenue optimisation.
• Critical evaluation of systems and procedures including those which are embedded in information technology systems and processes.
• Identification and assessment of risks followed by suggestion of risk mitigation measures.
• Ensuring proper compliance with the various regulatory provisions and operations manuals.

How it works ? 

• Management is responsible for internal controls  comprising of five critical components,  the control environment, risk assessment, risk focused control activities, information and communication and monitoring activities.
• Managers establish policies, processes, and practices in these five components of management control to help the organization achieve the four specific objectives listed as above.
• Gupta Accountants  as an Internal auditor in Abu Dhabi, perform audits to evaluate whether the five components of management control are present and operating effectively, and if not, provide recommendations for improvement.

Why Gupta Accountants ?

• Professionally qualified and experienced internal auditors. 
• Cost effective internal auditors. 
• Compliance to international standards of internal auditing.
• Advisory on internal audit 

​We employ a systematic and disciplined approach to evaluate and improve:
•             Efficiency and effectiveness of internal controls
•             Efficiency & effectiveness of operations (including safeguarding of assets)
•             The reliability of financial and management reporting
•             The security and reliability of information systems and applications
•             Compliance with contracts, laws and regulations and
•             Fraud risk management process (including prevention, detection, deterrence and investigation).
You can be assured that when selecting Gupta Accountants as an Internal Auditor in Abu Dhabi, United Arab Emirates (UAE) you are selecting a partner that has your best interest in mind.

We will be glad to discuss how our Internal Audit & Risk Advisory Services Department can assist you and your company in Abu Dhabi .