When a company is being wound down, a liquidation audit provides stakeholders with an independent review of the entity’s final financial position and helps support the formal closure process. In the UAE, liquidation often involves multiple procedural steps, including settlement of liabilities, cancellation of licences, tax de-registration, closure of bank accounts and obtaining the necessary authority clearances. A properly coordinated liquidation audit helps bring structure to that process.
RAA assists clients in preparing the financial information required for closure, reviewing the completeness of liabilities and obligations, reconciling balances, and issuing the relevant liquidation or final audit report where required by the jurisdiction or authority. Together with our strategic partners, Rethink and M/HQ who provide liquidation and corporate services, we work with management, to ensure that the financial aspects of the wind-down are properly addressed and documented.
