Aviaan consists of a multi-disciplinary team of experts who are skillful in financial and operational internal audits, business process evaluation, risk assessment, and internal controls while augmenting the existing internal audit capabilities of the organization. We provide following services:
Continuous auditing and monitoring
Enterprise risk management
Governance, risk, and compliance management
Internal audit and strategic sourcing
Internal control systems and advisory services
Aviaan assesses multiple business aspects such as ethics and values within the organization, communication channels, performance management, and control information to facilitate the implementation of a strong governance process. Performing an internal audit helps in identifying weaknesses in business structure, operational efficiency, and regulatory compliance. Our internal audit service in Dubai, Abu Dhabi, Sharjah, UAE improves business performance, enhances organizational value, and strengthens cross-functional coordination.
Internal Audit Services in Dubai, Sharjah, Abu Dhabi, UAE
As a business owner anywhere in the world, you would be aware that you have to adhere to certain regulations and responsibilities towards the government, and it is no different in Dubai. Owing to its flourishing economy as well as suitable political provisions, thousands and thousands of people withing the emirate within Dubai as well as from elsewhere in the world flock to Dubai to set up their business in the hopes of earning high profits and returns and they do.
What is Internal Audit Services in Dubai UAE?
Internal Audit Services in Dubai, UAE are independent, objective assurance and consulting activities conducted within an organization. They evaluate internal controls, risk management processes, corporate governance, and financial reporting procedures. The goal is to improve the organization’s effectiveness, efficiency, and risk management.
Key areas of focus:
Financial audits: Reviewing financial statements for accuracy and compliance with accounting standards.
Performance audits: Evaluating the efficiency and effectiveness of operations compared to set goals.
Compliance audits: Ensuring adherence to internal policies, regulations, and laws.
IT audits: Assessing the security and controls of information technology systems.
Fraud investigations: Identifying and preventing potential fraud and corruption.
Internal audit Services in Dubai, UAE are useful in getting a proper idea of your company’s internal governance, how the different departments are working, whether your accounts and financial statements are up to date, whether they are accurate and error-free, whether you have been meeting targets, whether you have been adhering to government guidelines as well as deadlines etc. Before an external audit in Abu Dhabi, UAE is done, an internal audit service in Abu Dhabi will provide you with the opportunity to not only identify issues within your company, whether with regards to its functioning or simply in terms of its finances and accounts but would also give you the opportunity to try and rectify those errors. Some of the important work done by an internal auditor in Dubai include:
Risk factor assessment in Dubai, UAE
Helping the company management with internal controls assessment
Helping achieve organizational targets by strengthening internal controls
Assessment of process performance as well as risk management
Helping with the location of deviations from KPI and offering recommendations for enhancements
Helping devise plans to achieve company goals
Identify and assess evidence of issues or situations in general
Why Choose Aviaan Accounting for Internal Audit Services in Dubai, Abu Dhabi, Sharjah, UAE?
Adhering to a stringent internal audit process is very important to ensure the proper functioning of the business. Aviaan Accounting offers comprehensive internal audit services in Dubai UAE for different kinds of companies, aimed at improving the operations of the business and providing high-quality consultancy services with regards to the same. Our disciplined, as well as a systematic approach to this service, assures you of improved risk management, control, and of course, governance. Aviaan Accounting is well known for providing not only quality internal audit services in Dubai, Abu Dhabi, UAE but is also known for its accountability and integrity. Moreover, said services act as an independent advising body to your company’s management and also work together with it to review all systems as well as operations thoroughly to ensure that not only are you engaging in the right practices but are also complying with the government’s regulations. Another benefit of hiring Aviaan Accounting’s internal audit services in Dubai, Abu Dhabi, UAE means that you would also be able to identify any kind of fraudulent activity going on in the company.
Benefits of hiring our Dubai internal audit services
Ensured compliance with regulations, policies, and procedures
Ensuring financial integrity
Identify and solve problems of fraud
Increased business efficiency
Professional services/ experienced workforce in Dubai, UAE
Designed in accordance with the client’s specific needs
Identifying high-risk areas and devising plans to control the same etc.
Update on Types of Internal Audit Services Offered by Aviaan Accounting in Dubai, UAE 2021
Besides providing key audit-related services such as Internal Audit, Risk Assessment/ Management, Audit plans, Co-sourcing of audits, etc., Aviaan Accounting is also dedicated to providing you top internal audit services in Dubai, UAE which serve your different needs and thus, the different kinds of internal audit services we offer are:
Management Audit Services in Sharjah, UAE: This is essentially a complete evaluation of the company or organization so as to get an idea of the company’s internal management, identify any problems, and to rectify them.
Operational Audit Services in Abu Dhabi, UAE: This is a process which is aimed at evaluating the company’s operations in terms of their efficiency, effectiveness as well as economy under the concerned management, and reporting the results of the same to the concerned authorities.
Investigation Audit Services in Dubai, UAE: Investigation audit is primarily concerned with the identification of any fraud, embezzlement, or mismanagement of the company’s finances by assessing its financial processes.
Supply Chain Audit Services in Dubai, UAE: It is concerned with assessing all the financial processes that are linked to the flow of goods and services.
Cost Audit Services in Dubai, UAE: It is an essential service that seeks to help companies control costs and improve their overall cost efficiency so as to increase profits.
Due Diligence Audit Services in Abu Dhabi, UAE: This is a service that is concerned with the company’s overall financial situation and happens before major events.
Information Systems Audit Services in Sharjah, UAE: Since IT is linked to the proper recording, storage, as well as analysis of all financial data, an IT internal audit is concerned with evaluating the company’s IT systems
Certainly not! Internal audit report is used by the management, whereas external audit reports are required by stakeholders and creditors. Also, internal audit examines risks with respect to internal controls laid by the company, whereas external audit examines complete financial position of a business.
Internal auditors help your organization succeed by providing a combination of assurance and consulting services. The assurance part mainly involves informing wellness of the systems and processes designed to keep the organization on track are working.
An internal audit normally takes 1 to 2 weeks to be carried out and has to be carried out continuously over period for a financial year under consideration.