Regulator Recognised UAE Assurance

Best Audit Firms in Dubai for IFRS Reporting

Independent Assurance for UAE Businesses

Statutory audit applicability in the UAE depends on entity type, free zone (FZ) regulations, and shareholder or lender requirements. Our audit and assurance services in Dubai are delivered under International Standards on Auditing (ISA) and reported under International Financial Reporting Standards (IFRS), across statutory audit, review, and agreed upon procedures engagements.

Among auditing firms in Dubai, Asad Abbas & Co. is listed across 17+ UAE free zones, Real Estate Regulatory Authority (RERA) and Abu Dhabi Real Estate Centre (ADREC) registered, an independent member of Prime Global International, ISO 9001-2015 certified, and UAE Ministry of Justice accredited since 2009.

Our Assurance Engagements Cover

Services for Every Business

Statutory audits are prepared for Mainland and free zone entities where required by law, licence, or shareholder agreement. As an audit firm in Dubai listed across 17+ free zones, we conduct engagements to ISA methodology and issue IFRS reports accepted by regulators, lenders, and investors.

Review engagements provide limited assurance on financial statements and are distinct from full statutory audits. We perform reviews for interim reporting, group reporting packs, and lender covenant compliance where full audit scope is not required.

Agreed upon procedures engagements are performed against a defined scope set by the client, regulator, or contracting counterparty. Common applications include revenue certification, service charge verification, and grant fund utilisation reports.

Internal controls reviews assess the design and operating effectiveness of controls governing financial reporting. Findings support management assertion, group reporting, and audit committee oversight. This is delivered as an assurance engagement, not a standalone internal audit function.

As approved auditors listed across DMCC, JAFZA, DAFZA, Hamriyah, and 17+ other free zones, we conduct year end audits meeting each authority's submission requirements. Recognised among the best auditors in Dubai for free zone compliance, our reports support licence renewal and shareholder filing.

Special purpose audit reports address bank covenants, buyer due diligence, and group consolidation submissions. Our auditing services Dubai based multinationals commonly commission include IFRS conversion support, group reporting pack delivery, and reporting under parent company GAAP where required.
What Sets Our Practice Apart

Why Choose Us

Dedicated Team

Our engagement teams work throughout the audit cycle with a partner reviewer on every file. Among Dubai audit firms, our 40+ Certified Public Accountants (CPA), Chartered Global Management Accountants (CGMA), Certified Management Accountants (CMA), and MBA professionals deliver continuity from planning to sign off.

Regulator Recognised

Our credentials are recognised by every relevant UAE authority. As Federal Tax Authority (FTA) Approved Tax Agents, RERA and ADREC Registered Auditors, and audit firms in Dubai listed across 17+ free zones, our sign off is accepted by banks, lenders, and investors.

Global Standards

As an independent member of Prime Global International and ISO 9001-2015 certified, Asad Abbas & Co. applies IFRS and ISA methodology aligned with international practice. Among top audit firms in Dubai, this dual footing gives multinational groups reporting consistency across jurisdictions.

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    FAQs

    Frequently Asked Questions

    Asad Abbas & Co. combines full regulatory recognition with 17+ years of UAE practice and 1,000+ completed audits. Our team includes CPA, CGMA, CMA, and MBA professionals working under a partner review model. Among the top auditing firms in Dubai, we hold Free Zone approvals across 17+ jurisdictions, RERA and ADREC registration, and Prime Global International membership. Finance leaders select us as one of the best audit firms in Dubai because our sign off is accepted by Mainland regulators, free zone authorities, banks, and international group offices without follow up queries.

    Our practice is listed across DMCC, JAFZA, DAFZA, Hamriyah, RAKEZ, Dubai International Financial Centre (DIFC), Abu Dhabi Global Market (ADGM), and other UAE free zones. Each authority accepts our audit report for licence renewal, shareholder filing, and share certificate issuance. Unlike generalist audit companies in Dubai, we run a dedicated free zone desk that tracks each authority's submission cycle, template requirements, and portal filing rules. Engagements are staffed by auditors familiar with the specific free zone your entity is registered in.

    Yes. Mainland audits are prepared for Dubai LLCs, branch offices, and civil companies where required by the trade licence, shareholder agreement, or lender covenant. As one of the audit firms in Dubai for Mainland engagements, we deliver the audit under ISA, issue reports under IFRS, and coordinate directly with the Department of Economic Development, banks, and shareholder representatives. Recognised among the top auditing firms in Dubai for Mainland assurance, every engagement carries partner review and a defined delivery schedule tied to the entity's fiscal year end.

    Yes. Asad Abbas & Co. is engaged as the audit firm in Dubai for UAE subsidiaries of regional and international groups. Engagement includes group reporting pack preparation under parent company GAAP or IFRS, intercompany reconciliation, transfer pricing information disclosures where relevant, and inbound queries from group auditors. Our Prime Global International membership provides direct working relationships with member firms across multiple jurisdictions, which supports consolidated audit sign off and cross border information exchange during the audit cycle.

    All audit engagements follow International Standards on Auditing and are reported under IFRS or IFRS for SMEs as applicable. Review engagements follow ISRE 2400, and agreed upon procedures follow ISRS 4400. Among auditing firms in Dubai, we hold ISO 9001-2015 certification, which governs internal quality control over every engagement file. Standards application is verified by the partner reviewer before sign off, and working papers are retained under the retention period required by UAE regulation and our internal quality manual.

    We are approved as an audit firm on the DMCC, JAFZA, DAFZA, Meydan, RAKEZ, IFZA, SHAMS, and other UAE free zone panels, with total coverage across 17+ jurisdictions. Business owners searching for top audit firms in Dubai for their free zone entity can confirm our listing on the relevant authority's website. Engagement includes preparation to the authority's template, submission through the required portal, and support during authority queries or clarifications on the filed audit report.

    Yes. Year end audits for trading, distribution, and general trading LLCs are a core segment of our practice. Engagement covers inventory verification, receivables and payables cut off, revenue recognition testing under IFRS 15, and cost of goods sold reconciliation. Recognised among the best auditors in Dubai for trading businesses, we deliver signed audit reports within the timeframe required for shareholder meetings, DED renewal, bank facility review, or investor reporting deadlines set by the entity's board.

    Group consolidation audits are a standing engagement type. Our position among Dubai audit firms working with regional groups includes preparation of consolidation reporting packs, IFRS conformity verification, intercompany elimination testing, and coordination with the group auditor overseas. Prime Global International membership supports direct working communication with member firms in the parent jurisdiction. Deliverables are timed to the group's consolidation calendar, and technical positions are cleared with the group audit team in writing before sign off.

    Fees are scoped to the engagement rather than quoted from a rate card. Scoping accounts for entity size, transaction volume, subsidiary structure, sector complexity, and the reporting deadline. Compared with generalist audit companies in Dubai, our fees reflect a partner review model, a dedicated free zone desk, and 17+ years of sector experience across 14 industries. A fee estimate is issued within a defined turnaround following a scoping call covering the entity's financial year, prior audit history, and reporting stakeholders.

    Auditing services Dubai based startups typically require include first year statutory audit, opening balance verification, and pre due diligence readiness reviews for founder and investor use. Our SME desk handles smaller Mainland and free zone entities under the same partner review model applied to larger engagements. Deliverables include a signed audit report under IFRS or IFRS for SMEs, a management letter identifying control observations, and a working paper file suitable for handover to future auditors or acquiring investors.

    Yes. Foreign owned Dubai entities frequently require audit output aligned with the parent company's group reporting framework, whether IFRS, US GAAP, IND AS, or another national GAAP. Among audit firms Dubai based multinationals engage for inbound investment structures, we deliver the local statutory report under IFRS and a supplementary group reporting pack in the parent's format. Prime Global International membership provides direct working relationships with member firms in most parent jurisdictions, supporting technical alignment during the group audit cycle.

    Turnaround depends on the entity's size, transaction volume, prior audit status, and readiness of accounting records. For well prepared Mainland and free zone LLCs, statutory audit sign off is achievable within a defined timeframe agreed at the scoping call. Among audit firms Dubai based finance teams engage for time critical filings, we operate a fast track audit process for lender submissions, licence renewal, and share transfer transactions. Bookkeeping remediation, where required, is scoped separately before the audit engagement begins.

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