Engagement & Scope Review
Understand the business, financial reporting environment and purpose of the audit before defining the engagement scope.
INDEPENDENT AUDIT & ASSURANCE
Audit & Assurance Services in UAE
Strengthen the credibility of your financial information with independent audit and assurance services designed to support transparency, financial reporting and informed decision-making.
Licensed auditing firm
Professional audit services within the UAE business environment
Independent review
Financial information assessed through an objective audit process
Credibility & transparency
Support confidence among management, banks, investors and stakeholders
AUDIT & ASSURANCE
Independent audits that strengthen confidence in financial information
Reliable financial statements are important not only for compliance, but also for management, investors, banks and other stakeholders that rely on the financial information of a business.
MKCA provides audit and assurance services in the UAE through an independent review of financial information and the supporting records behind it.
As a licensed auditing firm approved by the UAE Ministry of Economy, MKCA provides professional opinions on financial statements and helps businesses strengthen transparency and credibility in their reporting.
OUR AUDIT SUPPORT
What an audit and assurance engagement can cover
The exact audit scope is defined according to the business, financial statements and purpose of the engagement.
Financial Statement Review
Review the financial statements and the accounting information supporting the reported balances and disclosures.
Supporting Record Assessment
Examine relevant accounting records and supporting documentation required for the agreed audit engagement.
Audit Procedures
Perform professional audit procedures according to the defined engagement and the financial information being reviewed.
Findings & Review
Review relevant findings arising from the audit work before completion of the engagement.
Audit Opinion & Reporting
Complete the agreed audit reporting process and issue the professional audit output applicable to the engagement.
OUR APPROACH
How the audit engagement works
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01
Understand the business and engagement purpose
We begin by understanding the company, its financial environment and the purpose for which the audit is required.
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02
Define the audit scope
The financial statements, reporting period and information required for the engagement are identified.
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03
Collect financial information
Relevant financial statements, accounting records and supporting documentation are made available for audit work.
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04
Perform audit procedures
The agreed financial information is examined through the professional audit process.
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05
Review audit findings
Relevant matters arising from the audit are reviewed before completion of the engagement.
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06
Complete audit reporting
The final audit output is completed according to the agreed engagement and financial reporting requirements.
AUDIT READINESS
What should be prepared before an audit?
Better organised records can make the audit process more efficient and reduce delays caused by missing financial information.
Financial statements
General ledger and accounting records
Supporting transaction documentation
Bank and account reconciliation information
Relevant schedules and balances
Financial reporting documentation
Business and legal information relevant to the engagement
Other records required for the agreed audit scope
BEFORE THE AUDIT
Strong accounting and financial reporting improve audit readiness
Audit work relies on the quality of the financial records and statements being examined.
If financial records require additional preparation, MKCA can connect the audit engagement with accounting or financial reporting support as separate services.
Accounting & Bookkeeping
Organise the underlying accounting records before audit work.
View Accounting Services
Financial Reporting
Prepare clearer financial statements and reporting information.
View Financial Reporting Services
Financial & Tax Advisory
Review broader financial or tax matters identified by management.
View Advisory Services
WHY AUDIT MATTERS
Independent audit can support confidence in your financial reporting
Management
Reliable financial information can support management's understanding of the business.
Banks & Finance Providers
Audited financial information can provide greater credibility when financial statements are reviewed by external parties.
Investors & Stakeholders
Independent assurance can strengthen confidence in reported financial information.
Compliance & Reporting
Audit work can support the wider financial reporting and compliance environment of the business.
FREQUENTLY ASKED QUESTIONS
Audit & Assurance FAQs
Does MKCA provide audit and assurance services in the UAE?
Yes. MKCA provides independent audit and assurance services for businesses in the UAE and is a licensed auditing firm approved by the UAE Ministry of Economy.
What information is required before an audit begins?
The exact requirements depend on the engagement. Financial statements, accounting records and relevant supporting documentation are generally reviewed as part of audit preparation.
Can MKCA help prepare financial statements before the audit?
Financial reporting support is available as a separate MKCA service where the business needs assistance preparing or organising its financial reporting information.
Why can an independent audit be valuable?
An independent audit can enhance the credibility and transparency of financial information used by management, banks, investors and other stakeholders.
AUDIT & ASSURANCE
Discuss your audit requirements with MKCA
Tell us about your business, financial reporting period and the purpose of the audit engagement.