External Auditing
The external audit is an independent assessment of a company’s financial statements. Audits offer reassurance to stakeholders that the company’s financial statements are free from material errors. External auditors are considered unbiased professionals who analyze the company’s financial position and procedures. Getting the accounts audited by external auditors increases credibility and reduces the risk of improper accounting entries.
External auditors are registered and independent third parties that perform audits of a company’s financial records. Al Fakher Accounting is a registered auditor in the UAE authorized to perform external audits in compliance with local UAE laws and in accordance with International Financial Reporting Standards (IFRS). The external audit report is a financial document that proves useful when dealing with government authorities and local banks.