Audit & Assurance Services
MASAR is the Auditing Firm in UAE. Providing the Professional Audit Services in UAE. Including Financial Audit, Internal Audit, External, Due Diligence, Fraud, Forensic, Stock, Liquidation, Risk, RERA, and Tax Audit services in UAE. MASAR also provide the Accounting and Financial services in UAE. We have the team of experts Auditors and providing you the best Quality Report. Contact us or visit our website we are always available for your help.
External Audit
External audit refers to the independent examination of an organization’s financial records and operations by an external auditor. The purpose of this audit is to provide an objective assessment of the financial and operational activities of the organization, ensuring compliance with relevant laws and regulations, and confirming to stakeholders that the financial data of the organization is accurate and reliable.
Internal Audit
An internal audit is an objective assurance and consulting activity designed to improve an organization’s operations and add value. With an extensive understanding of MASAR’s risk landscape and areas of operational improvement, especially industry and market differentiators, clients will receive assistance in internal audit functions, enhancing operational performance and efficiency, and adding value to their organizations.
Due Diligence
The main objective of conducting due diligence is to eliminate or reduce potential negative consequences of a transaction and improve the business processes related to the company’s incoming activities. This examination enables companies to identify risks of voiding transactions, initiating disputes, imposing financial penalties, and conflicts of interest.
Fraud Investigation
The objective of fraud audit is to identify any fraudulent activity that may have occurred, assess its impact on the company’s financial data, and recommend controls that can prevent such fraud in the future. Typically, the Criminal Investigation Department (CID) in the United Arab Emirates is informed for further investigation if any fraudulent activity is detected during the audit.
Stock Audit
An inventory audit is essential to ensure the existence and accuracy of ownership rights and to verify the value and quantity of items present in the inventory. The expert team at MASAR can assist companies in monitoring and verifying their inventory, providing them with additional information related to the inventory, along with appropriate adjustments to the current inventory records.
Company liquidation
MASAR provides this service as an official liquidator for any company under liquidation.
Company liquidation, also known as the process of insolvency, involves the dissolution of the company and the liquidation of all its assets. The proceeds are then used to pay off debts and cover expenses, with any remaining surplus distributed to the business owners.
Risk Management Audit
Risk audit is a process that involves identifying, analysing, and evaluating the potential risks and threats to an organization’s operations, assets, and reputation. With 6 years of experience in risk management across all industries, MASAR offers solutions for all economic sectors, from agriculture to life sciences, and from mining to finance.
Real Estate Regulatory Agency Audit (RERA)
The Real Estate Regulatory Agency is a government agency responsible for regulating the real estate sector in Dubai. MASAR is a certified auditing firm qualified to review, study, and analyze the service charges of companies to ensure they are professionally prepared in line with the current competitive market requirements.
Forensic audit services
Forensic audit involves the investigation of a company’s financial data and operational records by specialized legal auditors to detect fraud and gather evidence that can be used in a court of law. Forensic audits are conducted in cases where embezzlement, financial crimes, or fraud occur and require the prosecution of an individual.
Sales Audit
A Sales Audit is conducted primarily focusing on improving the efficiency of the sales department of the organization by enhancing sales performance, helping to improve the reputation of the company to the stakeholders and external parties, reducing overall capital costs, and enabling it to spot any unethical and fraudulent activities, among many others.
IFRS & IAS Advisory
Almost every business in the UAE with a statutory reporting requirement has to follow International Financial Reporting Standards (IFRS). The increasing complexity of financial reporting and the rapid pace of change have led to a significant increase in demand for expert accounting advice.
AML / CFT Compliance Service
Our Anti-Money Laundering (AML) investigation and monitoring services provide skilled human resources and data to identify suspicious financial assets faster and more accurately.