A statutory audit is also called a financial audit. It is one of the special kinds of audits that should be done according to the statutes relevant to the entity.
Majed Alshamsi Auditing offers trustworthy statutory audit services in the UAE. A statutory audit is required for government institutions to check and assess their performance. A statutory audit is a lawfully necessary audit that must be completed to evaluate the company's financial stand and fiscal records.
Special Requirements of Statutory Audit Services in Dubai
Information about the fixed assets, bank statements with information on the transactions therein and information on the cash receipts and payments.
Details on the availed secured and unsecured loans
Top advances trade payments and receiving
Information on the local purchases and import purchases
Details about the local sales and export
Information on the inventory, administration and cost of the selling
Information on the foreign exchange earnings & expenses
Statutory dues as well as more levies
Our statutory auditing team comprises professionals who are proficient in conducting statutory auditing professionally. The team members stay acquainted with the latest modifications in the arena of statutory auditing to keep ahead in the services.