Asad Abbas & Co. is a Federal Tax Authority (FTA) Approved Tax Agent and Freezone Listed Auditor across 17+ UAE free zones, including Hamriyah Free Zone, Sharjah Airport International Free Zone, and Shams. As one of the recognised audit firms in Sharjah, we deliver statutory audits for free zone establishments, free zone companies, and branch offices under International Standards on Auditing (ISA), with reports formatted for licence renewal, shareholder reporting, and group consolidation.

The best audit firms in Sharjah begin with an entrance planning meeting, followed by risk assessment, walkthrough of internal controls, substantive testing on revenue, purchases, inventory, and receivables, and closing meetings before opinion sign-off. Our team applies International Financial Reporting Standards (IFRS) and delivers year end statutory audits for trading firms across the UAE mainland and Sharjah free zones, with a partner review on every file before the audit report is signed.

Yes. We deliver external auditor engagements for Sharjah mainland Limited Liability Companies (LLCs), branch offices, and free zone entities. As Ministry of Justice accredited audit companies in Sharjah, our reports are recognised by the Sharjah Economic Development Department, banks, lenders, and shareholders. Engagements cover full statutory audit, limited assurance review, and agreed upon procedures scoped to the licensor or lender specification.

The best auditors in Sharjah for IFRS reporting hold Certified Public Accountant (CPA) and Chartered Global Management Accountant (CGMA) credentials, apply International Standards on Auditing (ISA) methodology, and understand parent company reporting packs. Our engagement partners have completed audits for foreign parent companies across Europe, Asia, and North America, delivering IFRS compliant financial statements accepted by group auditors, external stakeholders, and consolidation teams at head office.

Yes. Our Sharjah engagement teams deliver group audit and consolidation across parent and subsidiary structures, applying IFRS 10 for consolidated financial statements and IFRS 3 for business combinations. Among Sharjah audit firms, our Prime Global International membership gives us cross-border reach, allowing coordinated audit sign-off across UAE, KSA, and international group entities where component auditors are engaged.

Year end turnaround depends on transaction volume, prior year audit status, and readiness of accounting records. As one of the top auditing firms in Sharjah, we typically complete straightforward mainland and free zone audits within four to six weeks of receiving complete trial balance, general ledger, and supporting schedules. Complex group audits with subsidiary consolidation require longer. Scoping calls establish realistic timelines against the licensor or shareholder deadline before engagement letter sign-off.

Internal controls audit engagements at our practice test the design and operating effectiveness of financial reporting, procurement, revenue cycle, and payroll controls. As one of the audit firms Sharjah businesses engage for both statutory and controls work, we scope reviews quarterly, semi-annually, or annually. Management letter observations and remediation recommendations are delivered to the audit committee or board, supporting oversight throughout the financial year.

We do not offer forensic accounting as a standalone service line. Where fraud is suspected, our audit engagement can be scoped to include fraud risk assessment and enhanced substantive testing under International Standards on Auditing (ISA) 240. Our Ministry of Justice accreditation also allows us to act as financial experts in UAE courts, delivering expert testimony and financial reports for litigation. As one of the auditing firms in Sharjah with court accreditation, we support legal counsel with independent financial analysis.

Startup pricing is scoped against transaction volume, entity type, and free zone or mainland licensing regime. We deliver auditing services Sharjah startups need, from first year audits for newly incorporated LLCs to Sharjah Media City freelancer entities. Engagement letters are transparent on fee basis, deliverables, and timelines. Fee estimates are provided after a scoping call to confirm the audit scope, standards applied, and reporting deadline.

Yes. Quarterly internal audit engagements are scoped to the control environment, risk register, and audit committee priorities. Our teams issue quarterly reports covering financial reporting integrity, compliance with Federal Tax Authority (FTA) filing obligations, Ultimate Beneficial Owner (UBO) records, and Economic Substance Regulations (ESR) where applicable. Deliverables include a quarterly audit report, management action tracker, and follow-up review of remediation from the prior quarter, supporting board and shareholder oversight throughout the financial year.