In the UAE, while the temptation to choose the lowest-priced auditor due to cost pressures is understandable, caution is advised. Audit firms that meet new regulatory standards, particularly related to Corporate Tax, are likely to be more expensive but offer essential expertise. Ministerial Resolution 111-2 of 2022 requires auditors to pass exams in IFRS, ISAs, and UAE tax regulations. As auditing and accounting practices evolve, businesses must ensure their auditor complies with these updated standards to avoid penalties. Selecting a reputable audit firm with extensive industry experience is crucial for effective and comprehensive auditing.
How can we help
At RAA Auditing, we take pride in delivering audit and assurance services which go beyond regulatory requirements. We provide expertise by, enhancing transparency, and support informed decision-making by providing reliable assurance. We offer extensive expertise and a commitment to quality, ensuring that your stakeholders can rely on your financial reporting.
Who We Are
RAA Auditing is a UAE registered audit firm which has experience in the multi jurisdictional regime, within the country, from the north of UAE at Ras Al Khaimah Economic Zone to the south at Abu Dhabi Global Market.
Our teams are internationally trained, certified auditors, who bring a breadth of skills and expertise, coupled with a personalized approach and a commitment to service excellence.
Our audits aim to help clients mitigate risk, improve operational efficiencies, and safeguard their business by providing clarity on issues that matter.
For further information and assistance, please write to us at ask@raa-auditing.com