As being one of the top auditing firms in Dubai, UAE, we provide quality audit, assurance,
and related services, designed to deliver real value and confidence to the consumers. We
provide comprehensive audits tailored to meet the different industry’s needs and our
commitment is to deliver high-quality services. We offer a wide range of services that are
customized to fit each client’s unique needs. All our services are carefully woven to put our
vast knowledge to good action. We are also firm believers in the value of relationships. For
us, each client we serve is our partner. Our success is nothing but the byproduct of your
success. We take pride in assuring you that all the services we deliver come from years of
advanced training and fieldwork.
We are best among the approved auditors listed in the Ministry of Economy, Dubai Land
Department and free zones of DMCC, JAFZA, DIFC, DAFZA, SAIF Zone, Hamriyah Free
Zone and other major free zones in the UAE.
Being an approved auditing firm in the UAE, our team is comprised of skilled auditors who
ensure that auditing and assurance service delivered is lighter and stress-free!
We provide comprehensive audit, assurance and related services tailored to meet the
different industry needs and our commitment is to deliver high quality services. Our firm is
quite equipped with the most professional, trusted and advanced services at all levels. We
conduct an intensive examination of clients’ records and systems for the levels of assurance
in line with International Standards of Auditing. Our services in this segment comprise of:
The purpose of an audit is to enhance the degree of confidence of intended users of the
financial statements. This is achieved by the expression of an opinion by the Auditor on
whether the financial statements are prepared, in all material respects, in accordance with
an applicable financial reporting framework. In the case of most general-purpose
frameworks, that opinion is on whether the financial statements are presented fairly, in all
material respects, or give a true and fair view in accordance with the framework.
Auditor requires to obtain reasonable assurance about whether the financial statements as a
whole are free from material misstatements, whether due to fraud and error.
A financial statements audit is the independent examination of financial statements of an
entity by an independent auditor.
Audited financial statements are used by the shareholders, bankers, customers, oversight
bodies, investors and others. We have an expert team of audit professionals to handle the
audit assignments to take care of all industries.
Agreed upon procedure is an engagement in which an auditor is engaged to carry out those
procedures of an audit nature to which the auditor and the entity and any appropriate third
parties have agreed and to report on factual findings. The recipient of the report form their
own conclusions from the report by the auditor. The report is restricted to those parties that
have agreed to the procedures to be performed. As the auditor simply provides a report of
the factual findings of agreed upon procedures, no assurance is expressed. We have expert
team of professionals to handle the agreed upon procedures, catering to all line of
businesses.
International Financial Reporting Standards (IFRS) are a set of accounting standards
developed by the International Accounting Standards Board (IASB) that is becoming the
global standards for the preparation of the financial statements.
Financial statements are prepared and presented for external users by many entities around
the world. Although such financial statements may appear similar from country to country,
there are differences which have probably been caused by a variety of social, economic and
legal circumstances and different countries having in mind the need of different users of the
financial statements when setting national requirements.
The International Accounting Standard Board is committed to narrowing these differences by
seeking to harmonize regulations, accounting standards and procedures relating the
preparation and presentation of the financial statements.
We as independent auditors do report on the financial statements whether the financial
statement complies with International Financial Reporting Standards. Furthermore, we
provide services in the niche areas of ECL computations, lease accounting in connection
with IFRS reporting.
A financial statement review is a service under which an accountant obtains limited
assurance that there are no material misstatements. The objective of a review of financial
statements is to enable an accountant to state whether, on the basis of procedures which do
not provide all the evidence that would be required in an audit, anything has come to the
accountant’s attention that cause the accountant to believe that the financial statements are
not prepared, in all material respects, in accordance with the applicable financial reporting
frame work.
We provide our services on the review of the financial statements which are performed in
line with the International Auditing Standards.
The objective of a compilation engagement is for the accountant to use accounting
expertise, as opposed to auditing expertise, to collect, classify and summarize financial
information. This ordinarily entails reducing detailed data to a manageable and
understandable form without a requirement to test the assertions underlying that information.
The procedures employed are not designed and do not enable the accountant to express
any assurance on the financial information. However, users of the compiled financial
information derive some benefit as a result of the accountant’s involvement because the
same has been performed with professional competence and due care. A compilation
engagement would ordinarily include the preparation of the financial statements (which may
or may not be a complete set of financial statements) but may also include the collection,
classification and summarization of other financial information. We have expert team of
professionals to handle the compilation engagement of financial statements.
Our professional team assists you in going through the rough patches that are difficult and
unsettling. We manage the process and make it stress-free, smooth and easy on everybody.
Our service in this segment consists of:
We were appointed as liquidators of many companies in the mainland and free zones. Our
report as liquidators of the companies is accepted by all licensing authorities in the UAE.
SGY Chartered Accountants is a UAE firm offering audit, tax, VAT, and business advisory services with a focus on accuracy, compliance, and trust.
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