ANNUAL STATUTORY AUDITUAE MAINLAND COMPANY AUDITEXTERNAL AUDITINDUSTRY-SPECIFIC AUDITANNUAL STATUTORY AUDITUAE MAINLAND COMPANY AUDITEXTERNAL AUDITINDUSTRY-SPECIFIC AUDIT
A statutory audit is an independent examination of a company's financial statements, accounting records, and supporting documentation in accordance with the applicable legal, regulatory, and professional requirements.
At Star Storm Group, our professional network provides businesses with audit and assurance support designed to help management, shareholders, regulators, banks, investors, and other stakeholders gain greater confidence in financial reporting.
Through our group expertise and specialised professional resources, we support businesses across the UAE with audit requirements for mainland companies, external audit engagements, annual financial reporting, and industry-specific compliance requirements.
Assist shareholders and management in decision-making
Strengthen financial reporting processes
Identify areas requiring corrective action
Our Audit Approach
Our approach begins with understanding your business, its operations, financial reporting framework, industry, and applicable regulatory requirements.
The audit process may include:
01
Planning and Risk Assessment
We begin by understanding the business structure, operations, financial activities, internal controls, and areas that may require greater audit attention.
02
Review of Financial Records
Relevant accounting records, financial statements, supporting documents, transactions, and balances are examined as required for the audit engagement.
03
Evaluation of Internal Controls
We assess relevant financial and operational controls to identify potential weaknesses, inconsistencies, or areas requiring improvement.
04
Audit Procedures and Verification
Appropriate audit procedures are performed based on the nature and scope of the engagement and applicable professional standards.
05
Audit Reporting
Following completion of the engagement, the auditor issues the relevant audit report in accordance with the applicable requirements and professional standards.
Statutory Audit Requirements in the UAE
Audit obligations in the UAE can vary depending on several factors, including:
Legal form of the company
Mainland or free zone jurisdiction
Applicable commercial laws
Licensing authority requirements
Regulatory authority requirements
Industry and business activity
Corporate Tax requirements
Banking, investor, or shareholder requirements
For example, Federal Decree-Law No. 32 of 2021 on Commercial Companies provides for annual audits for joint stock companies and limited liability companies, while specific entities may also be subject to additional requirements from their relevant authorities.
Why Choose Star Storm Group?
Star Storm Group brings together specialised expertise in business services, accounting, taxation, compliance, and professional advisory support.
Our group structure includes:
TFCC AUDITING OF ACCOUNTS LLC – Dubai, UAE
With a network of qualified professionals and diversified experience, we work collaboratively to support businesses with practical, professional, and reliable solutions.
Get Started With Your Audit
Whether you require an annual audit, a mainland company audit, an external audit, or specialised industry-focused audit support, our team can help you understand the applicable requirements and determine the appropriate scope for your business.
Contact Star Storm Group to discuss your audit and assurance requirements.
1.1
Annual Statutory Audit in UAE
Ensure your business meets its applicable financial reporting and audit requirements with professional annual statutory audit services in the UAE.
Our experienced audit professionals review financial statements, accounting records, and supporting documents to provide an independent audit in accordance with applicable UAE laws, regulations, and professional standards.
Our Annual Audit Services
Financial statement audit
Review of accounting records
Internal control assessment
Compliance review
Audit reporting
We help businesses maintain financial transparency and meet applicable statutory, regulatory, banking, and stakeholder requirements.
Contact us today for Annual Statutory Audit services in Dubai and across the UAE.Request a Quote
1.2
UAE Mainland Company Audit
Professional mainland company audit services in UAE for businesses requiring independent financial statement audits and compliance support.
Our audit professionals assist UAE mainland companies with reviewing financial records, assessing relevant controls, and completing audit procedures in accordance with applicable UAE laws and regulatory requirements.
Our Mainland Company Audit Services
Annual financial statement audit
Accounting records review
Internal control assessment
Compliance review
Audit reporting
Whether you are an LLC or another eligible business entity, we help you understand and meet your applicable audit requirements.
Get professional UAE mainland company audit support from our experienced team.Request a Quote
1.3
External Audit Services in UAE
Our external audit services in UAE provide an independent examination of your company's financial statements and accounting records.
An external audit can help businesses improve financial transparency, strengthen stakeholder confidence, and meet applicable statutory, regulatory, banking, or investor requirements.
Our External Audit Services
Independent financial statement audit
Accounting records review
Transaction and balance verification
Internal control assessment
Compliance review
Professional audit reporting
Our qualified professionals provide reliable and independent audit support for businesses across Dubai and the UAE.
Contact us to discuss your external audit requirements.Request a Quote
1.4
Industry-Specific Audit Services in UAE
Every industry has different financial processes, operational risks, and compliance requirements. Our industry-specific audit services in UAE are designed to provide an audit approach based on the nature of your business and industry.
We support businesses across sectors such as:
Real Estate
Construction
Trading
Manufacturing
Retail
Hospitality
Professional Services
Technology
Our audit approach considers your business operations, financial reporting requirements, internal controls, and applicable industry regulations.
Get professional industry-specific audit services tailored to your business requirements in the UAE.Request a Quote
“An audit is not a year-end formality. It is the record your bank, your board and your regulator will read.”
— Star Storm Group
Statutory Audit: questions we hear first.
Not sure which service applies to your licence type or jurisdiction? Send us the details and we will confirm the applicable requirements.
Audit obligations depend on the legal form of the company, its jurisdiction, licensing and regulatory authority requirements and business activity. Federal Decree-Law No. 32 of 2021 on Commercial Companies provides for annual audits for joint stock companies and limited liability companies, and certain entities may be subject to additional authority requirements.
A statutory audit is carried out because a law, regulation or authority requires it. An external audit is an independent examination of financial statements and accounting records, which may be requested by banks, investors or shareholders as well as required by regulation.
Typically the accounting records, financial statements, supporting documents for material transactions and balances, and information about your internal controls. The exact list is confirmed once the scope of the engagement is agreed.
Let’s scope your statutory audit engagement.
Tell us your licence type, jurisdiction and reporting deadline — we will come back with a clear scope and quote.
