INTERNAL AUDIT IN DUBAI
The most famous of the seven Emirates in the United Arab Emirates (UAE), Dubai is a world-class destination.
Dubai has emerged as a global city and business hub of the Middle East. It is also a major transport hub for passengers and cargo. The emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. The city has become iconic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. Dubai was rated as one of the best places to live in the Middle East by U.S. global consulting firm Mercer. Dubai is one of the world's fastest growing economies in the world.
The most famous of the seven Emirates in the United Arab Emirates (UAE), Dubai is a world-class destination.
Dubai has emerged as a global city and business hub of the Middle East. It is also a major transport hub for passengers and cargo. The emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. The city has become iconic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. Dubai was rated as one of the best places to live in the Middle East by U.S. global consulting firm Mercer. Dubai is one of the world's fastest growing economies in the world.
Major industrial areas in Dubai are Ras Al Khor Industrial Area, Al Quoz Industrial area, Al Safa area, Al Khubaisi Area, Um Ramool Industrial Area, Al Qusais Industrial Area and Jebel Ali Industrial Area.
Major free zones in Dubai are Jebel Ali Free Zone Authority, Jumeirah Lakes Towers Free Zone DMCC, Dubai Airport Free Zone, Dubai Auto Zone, Dubai Cars and Automotive Zone, Dubai Design District, Dubai Flower Centre, Dubai Gold and Diamond Park, Dubai Healthcare City, Dubai Industrial City, Dubai International Academic City, Dubai International Financial Centre, Dubai Internet City, Dubai Knowledge Park, Dubai Logistics City, Dubai Maritime City Authority, Dubai Media City, Dubai Multi Commodities Centre, Dubai Outsource Zone, Dubai Science Park, Dubai Silicon Oasis, Dubai Studio City, Dubai Production City, Dubai Techno Park (New name: National Industries Complex), Dubai Textile City, Energy and Environment Park, International Humanitarian City and Dubai Production City.
The need for internal audit and risk advisory services in Dubai.
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.
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 Dubai, 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 Dubai.
Our standard internal audit process includes:
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 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 in Dubai.
- Cost effective internal auditors in Dubai.
- Compliance to international standards of internal auditing & risk advisory in Dubai
- Advisory on internal audit & risk advisory in Dubai.
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 Dubai, United Arab Emirates (UAE) you are selecting a partner that has your best interest in mind.
• 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 Dubai, 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 Dubai .
