ADGM Approved Auditors

Our Services

As an approved auditor by the ADGM, we provide a wide array of audit and assurance services specifically designed to help ADGM registered entities navigate regulatory requirements, build trust with stakeholders, and drive operational excellence. Our services include, but are not limited to, the following:

1. 1. Statutory Audits:

   A statutory audit is a legally required audit of a company’s financial statements conducted by an independent auditor. For ADGM-registered entities (except for exempted entities), statutory audits are essential to meet the requirements of ADGM regulations, ensuring that financial statements are prepared in compliance with International Financial Reporting Standards (IFRS), applicable ADGM regulations, and other local requirements. Our team of professionals conducts thorough audits, providing an independent opinion on whether the financial statements give a true and fair view of the company’s financial position and performance.

   We ensure that our statutory audits add value by identifying areas for improvement in financial reporting processes, enhancing internal controls, and supporting compliance with relevant regulations.

2. 2. Internal Audits:

   Internal auditing is an essential function for businesses to assess the effectiveness of internal controls, risk management processes, and governance mechanisms. Our internal audit services provide independent assessments of business operations, highlighting risks, inefficiencies, and areas for improvement. We work closely with the management team to implement practical recommendations that strengthen internal controls, improve operational performance, and safeguard assets.

   For ADGM-registered entities, internal audits also help in ensuring compliance with both local and international regulations, mitigating risks related to financial fraud, and improving organizational accountability and transparency.

3. 3. Financial Statement Audits (Agreed upon procedure):

   The financial statements of a company reflect its financial health and performance. Accurate financial reporting is essential for both internal decision-making and external stakeholder confidence. Our financial statement audits focus on reviewing and validating the accuracy of financial reports prepared in accordance with IFRS. This includes a thorough examination of accounting records, transactions, and financial statements to ensure they provide a true and fair view of the company’s financial position.

   By conducting detailed financial statement audits, we help businesses maintain credibility with investors, regulators, and other key stakeholders, fostering long-term trust and confidence in their financial reporting.

4. 4. Regulatory Reporting and Compliance Audits:

   ADGM has a robust regulatory framework in place to ensure that its registered entities operate transparently and responsibly. Our team has an in-depth understanding of ADGM’s legal and regulatory requirements, including reporting obligations that extend to financial institutions, investment firms, and other licensed entities. We assist clients in ensuring full compliance with ADGM regulations through periodic reviews, reports, and assessments.

   Whether it’s ensuring the Companies comply with anti-money laundering (AML) requirements, submitting accurate financial disclosures, or ensuring compliance with the ADGM’s Financial Services Regulations, we provide comprehensive compliance audit services designed to help entities meet all necessary obligations.

5. 5. Accounting Services:

   We provide a wide range of accounting services designed to meet the needs of businesses of all sizes. Our accounting services are built on a foundation of accuracy, timeliness, and compliance, ensuring that financial records are always up to date and in line with international standards.

   • a. Bookkeeping: Our bookkeeping services ensure that all financial transactions are accurately recorded and categorized, giving you a clear and up-to-date picture of your financial position at any given time.

   • b. Financial Statements Preparation: We prepare accurate financial statements in accordance with International Financial Reporting Standards (IFRS), ensuring that they reflect the true and fair view of your company’s financial health. These financial statements are crucial for internal decision making, external stakeholders, and compliance with regulatory bodies.

   • c. Management Accounting: Our management accounting services provide you with key financial data and insights to help you make informed decisions. We offer regular monthly reporting, budgeting, forecasting, and variance analysis to give you a clear understanding of the company’s financial performance.

   • d. Payroll Services: We offer comprehensive payroll services to ensure timely and accurate salary processing for employees in compliance with WPS, while also complying with ADGM and UAE labor laws.

6. 6. Regulatory Reporting Services:

   ADGM-registered entities must ensure that their financial activities are reported accurately and in compliance with local and international regulations. Our team of experts is well-versed in the regulatory requirements of ADGM and offers a full range of regulatory reporting services designed to help businesses comply with their obligations.

   • a. ADGM Financial Reporting: We assist ADGM-registered entities in preparing and filing their financial reports in accordance with ADGM’s regulatory framework. This includes preparing annual financial statements, management reports, and other regulatory filings that must be submitted to ADGM’s regulatory authorities.

   • b. IFRS Compliance: As ADGM requires compliance with International Financial Reporting Standards (IFRS), we ensure that your financial statements are prepared in accordance with these globally recognized standards. Our team has deep expertise in IFRS and ensures that reports reflect the true and fair view of the financial status.

   • c. Filing with ADGM Authorities: We help the clients to navigate the submission process with ADGM’s regulatory authorities, including the Financial Services Regulatory Authority (FSRA). Our services ensure timely and accurate submission of all necessary filings, including financial reports, tax filings, and other regulatory documentation.

   • d. Tax Compliance and Reporting: ADGM-registered entities may also need to comply with the UAE’s tax regulations, including VAT and Corporate Tax. We offer tax compliance and advisory services to ensure that your business adheres to all applicable tax laws and regulations.

7. 7. Due Diligence Services:

   Our due diligence services provide essential insights into the financial health, regulatory compliance, and operational effectiveness of a business, especially in the context of mergers, acquisitions, or investment opportunities. We perform comprehensive due diligence assessments to identify potential risks and highlight key opportunities for clients. These services are invaluable to businesses looking to enter into transactions with third parties or to assess potential investments. We help ADGM-registered entities and their stakeholders make informed decisions, ensuring that any financial transaction is based on solid, reliable data.

8. 8. Voluntary Liquidation Services:

   Voluntary liquidation is an option for companies that are solvent but wish to wind down operations in an orderly manner. Whether for strategic, financial, or operational reasons, we assist clients who have made the decision to liquidate their company voluntarily. Our voluntary liquidation services include:

   • a. Board and Shareholder Approval: We guide clients through the necessary steps to obtain board and shareholder approval for the liquidation process. We ensure that all legal formalities are completed to prevent future disputes.

   • b. Asset and Liability Assessment: Our team will perform a thorough assessment of the company’s assets and liabilities to determine the most efficient and fair way to distribute funds among creditors and shareholders.

   • c. Creditors’ Meeting and Notifications: We will facilitate the creditors’ meetings and ensure proper notifications are sent to all relevant parties, in line with ADGM’s regulatory requirements.

   • d. Distribution of Assets: We help manage the liquidation of the company’s assets, ensuring that the proceeds are distributed in a manner that complies with both the ADGM regulations and any applicable legal requirements.

   • e. Final Dissolution: Once all assets have been distributed and liabilities settled, we assist in the formal dissolution of the company in accordance with ADGM laws.

9. 9. Other Assurance Services:

   We also offer specialized assurance services tailored to meet the unique needs of ADGM entities, including compliance audits, due diligence, and agreed-upon procedures.