INTERNAL AUDIT IN UAE

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.

Internal auditors helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. 

Internal auditing is a catalyst for improving an organization's governance, risk management and management controls by providing insight and recommendations based on analyses and assessments of data and business processes. With commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. Professionals called internal auditors are employed by organizations to perform the internal auditing activity. Gupta Accountants as an internal audit firm are best suited for your internal Audit & Risk Advisory services in UAE

The scope of internal auditing within an organization is broad and may involve topics such as an organization's governance, risk management and management controls over: efficiency/effectiveness of operations (including safeguarding of assets), the reliability of financial and management reporting and compliance with laws and regulations.

Internal auditing may also involve conducting proactive fraud audits to identify potentially fraudulent acts; participating in fraud investigations under the direction of fraud investigation professionals, and conducting post investigation fraud audits to identify control breakdowns and establish financial loss.​

​We as an Internal auditors are not responsible for the execution of company activities;  we advise management and the Board of Directors (or similar oversight body) regarding how to better execute their responsibilities. 

 Why internal Audit ? 

• Effectiveness and efficiency of operations.
• Reliability of financial and management reporting.
• Compliance with local laws and applicable rules & regulations.
• Safeguarding of Assets​​ and various matters concerning the interest of the company, employees, stakeholders and society in general.

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.
• We as an Internal auditors 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

​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 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.

---