INTERNAL AUDIT

Our audit firm has substantial experience in providing an internal audit in Dubai to organizations across all industries and of varying sizes.

Our approach is risk-based to internal audit transforms a traditionally tactile and reactive function to a more strategic one that impacts financial effectiveness & regulatory compliance, drives operational excellence and pro-actively manages risk.

We deliver internal audits that are risk-based, industry-specific and customized to the company’s operational size and structure. As part of our internal audit in Dubai, we focus on first understanding the business and risks involved and concentrate our efforts on where they matter the most.

Our risk advisory consultants have multi-industry exposure and specialized skill sets. They focus on creating sound internal controls while remaining committed to achieving tangible results.

 

Why should you engage with us?

  • We provide professional quality-oriented auditing services in Dubai and across UAE.
  • We are an audit firm with more than 15 years of experience in Dubai and UAE
  • Our team consists of highly skilled audit professionals (CAs, ACCAs, MBAs, etc.) with many years of industry experience and advanced certifications in the industry.

 

What is internal audit and its process?

An internal audit should have four general phases of activities-Planning, Fieldwork, Reporting, and Follow-up. The process of issuing an internal audit report should include drafting the report, review the draft with management to ensure the accuracy of findings, and issuance and distribution of the final report

 

What are the types of internal audit?

  • Financial/Controls Audits. Internal Audit-Yuga Accounting & Tax Consultancy
  • Compliance Audits.
  • Operational Audits.
  • Construction Audits.
  • Integrated Audits.
  • Information Systems (IS) Audits.
  • Special Investigations.
  • Follow-up Audits and Validation Testing.

 

How do you start an internal audit?

Steps to Performing an Internal Audit
  • Identify Areas that Need Auditing.
  • Determine How Often Auditing Needs to be Done.
  • Create An Audit Calendar.
  • Alert Departments of Scheduled Audits.
  • Be Prepared.
  • Interview Users.
  • Document Results.
  • Report Findings.

 

Who appoints internal auditor ?

An internal auditor is an auditor who is appointed by the Board of directors of the company in order to carry out the internal audit function.

Generally an employee of the company acts as an internal auditor, whereas some companies appoint an external expert as an internal auditor.

 

FOR MORE INFORMATION, CONTACT US :

Phone : +971 52 1952 532 / +971 4 240 1110

Mail-Id : info@yugaaccounting.com

Website : www.yugaaccounting.com