Auditing is one of the most crucial phases of establishing a company. Auditing and accounting help a company understand its financial position and ensure that its financial workflow is accurate and flawless. One of the most important regulatory requirements for firms in the UAE is that their accounts be audited and that they have sound financial controls. Therefore, you need to choose a strong and certified auditing firm to control your financial affairs in the UAE. Let’s take a look at the Best Auditing Firms in Dubai.
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Best Auditing Firms in Dubai
While searching for a well-founded auditing firm, there are a broad range of accredited firms in Dubai that appear before you. Here are the top 10 audit firms in Dubai showing each company’s characteristics and strengths:
- Alsun for Bookkeeping and Taxation:
Alsun for Bookkeeping and Taxation is the top accounting firm in Dubai. It provides high-quality services in bookkeeping, including data entry, financial statement preparation, and payroll processing, and in taxation, including corporate tax services and VAT registration services. One of the main strengths of Alsun for Bookkeeping and Taxation is focusing on the business environment in UAE and having a full awareness of regulations and regional financial requirements. In addition to that, it has a professional and qualified team of auditors and accountants that use advanced technology to provide quick and accurate services. Its most important priority is fulfilling the requirements of its clients.
2. PricewaterhouseCoopers (PwC):
It is among the top accounting firms in Dubai and in the world. It was established in London in 1998. PwC provides auditing services, financial consulting, and taxation services, with a high audit charge and a highly qualified audit team.
3. Deloitte:
It is one of the top ten audit firms in Dubai. It was established in 1845 and provides a wide range of services, including audits, tax services, and consulting. Focusing on large enterprises in over 150 countries. It has a high audit fee, highly skilled and competent audit team.
4. KPMG (Klynveld Peat Marwick Goerdeler):
It has a global presence as it operates in over 140 countries. KPMG is suitable for large companies, offering a wide range of services in auditing and accounting with high audit fees.
5. EY (Ernst & Young):
EY offers a range of services, such as assurance, consulting, tax, and transactions. It stands out for its commitment to excellence and has a skilled team of auditors and accountants. It offers its services at very high prices.
6. Grant Thornton:
It has a good reputation among small businesses. The firm has the experience in handling clients in different industrial fields providing taxation and accounting services. It is suitable for small and medium-sized businesses, high pricing, high quality of audit service in Dubai
7. Crowe:
It is one of the top 10 accounting firms in Dubai. It provides different services, including auditing and financial advisory for mid-sized and growing businesses, with high audit fees.
8. RSM:
It was founded in the United Kingdom in 1964. It is a mid-market accounting firm offering a range of services, including audit, tax, consulting, and more, with high audit fees.
9. Baker Tilly:
It uses data analytics to quicken its performance. Mid-sized and growing businesses find its services more beneficial, in addition to its medium to high audit fees, and professional team of audits.
10. Emirates Chartered Accountants Group:
It is a professional regional firm that focuses on mid-sized companies. It has a good experience in the UAE’s business environment, knowing its legal regulations and audit process.
How to Choose the Right Auditing Firm for Your Business:
After knowing the best auditing firms in Dubai, let’s take a look at the key factors that you should take into consideration while choosing the most suitable audit firm for your business. We can list the top key factors as the follows:
● Legal Requirements
You should look for firms that have the right qualifications, proving that they are qualified to perform your financial requirements. The audit firm should have the necessary licenses permitting it to provide auditing services in the UAE. For example:
➢ Audit Business License: This license certifies the firm’s legal ability to conduct financial audits for businesses.
➢ VAT Registration: Firms that provide VAT consultancy services and corporate tax services should have a VAT registration from the Federal Tax Authority (FTA) in the UAE.
● Areas of Expertise
The best audit firm is chosen based on its areas of expertise that align with your business. The auditing and accounting process will become smoother and easier when you find an auditing firm that is aware of your business objectives and familiar with the regional market and your competing partners.
● Budget and Fees
The fees and budget set by an auditing firm are among the most important factors that you should ask about during the research process. The auditing firm must offer reasonable prices that are appropriate to the provided services and their quality. However, the cheapest option is not always the best one, as the quality of the services is your priority to put your business on solid ground. Therefore, the best audit firm offers highly-quality services at competitive prices.
● Using Technology
Technology plays an important role in the auditing and accounting processes. Using technology like data analytics enhances the efficiency, accuracy, and speed during the collection and analysis of data. In addition to that, using technology ensures fast and error-free results. However, you cannot rely on technology when choosing the best auditing firm. Remember that human expertise is still the main base for getting the best results, and technology is a supportive tool to quicken the process.
Reasons for choosing Alsun for Bookkeeping and Taxation:
Alsun for Bookkeeping and Taxation is a FTA-registered accounting firm in Dubai, UAE. It offers exceptional services to local and international businesses in different industries.
Its team of accountants, auditors, and tax agents is selected according to high standards of qualifications, certifications, and experience that are relevant for auditing and accounting. They are the top provider of excellent auditing services that every company needs in the UAE.
Alsun is a one-stop company committed to offering professional audit services, financial consulting, and business solutions, including not limited corporate tax services, VAT services, professional tax agents, ESR services, and CFO services with accuracy and efficiency.
Alsun offers its services at competitive prices compared to another companies. As Alsun is suitable for the small and mid-sized businesses, these businesses find the prices and packages are more affordable.
Conclusion:
Choosing the Best Auditing Firms in Dubai is an important task to keep your business in progress, and this task must be carried out wisely. The chosen audit firm must have the services that fulfill your business’s requirements. This audit firm must have a qualified team to carry out your financial work accurately and efficiently. In addition to that, using the proper technologies ensure that your business reaches the global market. The audit firm must have a deep understanding of regional regulations and business environment to keep your business at the top of the competitive businesses.
Overall, the best choice appears to be our unexpectedly affordable business, buried near the top of the pack: Alsun for Bookkeeping and Taxation.
For more information about our auditing and accounting services and affordable packages, don’t hesitate to contact us via e-mail: info@tax-agency.ae or give us call on +971547411194 or visit our website https://tax-agency.ae/
FAQs
Why is Alsun for Bookkeeping and Taxation the best audit firm in Dubai?
Alsun for Bookkeeping and Taxation is a FTA-registered accounting firm in Dubai, UAE. It offers high quality auditing and accounting services with competitive prices compared to the Big Four companies. In addition to that, Alsun for Bookkeeping and Taxation has a team of professional accountants, auditors and tax agents.
What are the services that Alsun for Bookkeeping and Taxation provides?
Alsun for Bookkeeping and Taxation provides small businesses and large enterprises a wide range of services, including corporate tax services, bookkeeping, ESR services, and VAT services.
How to choose an audit firm?
Choosing an audit firm relies on many factors, but the main factors are the audit firm’s qualifications, areas of expertise, budget and fees, and using technology.