A statutory audit is a legal procedure that must be conducted to verify the accuracy of the financial statements and statements of an organization. Based on the specifics of each business and industry, the mandatory audit procedures are adapted in CAPEX to specific operations and customer reporting requirements.
What we do for Statutory Audit
We use modern information technology to support and complement our approach to auditing and to assist firms in the UAE.
This supports all phases of the audit process – planning, execution, and reporting. We use the latest innovative audit and documentation software, which contains tools for analyzing, documenting, managing, communicating, interviewing, retrieving, verifying and presenting the audit process. We specialize in Dubai and Sharjah.
At CAPEX, when conducting a statutory audit, we verify information such as:
- Accounting records
- Bank balances
- And financial transactions
Advantages of conducting a statutory audit for your company:
- It improves the company’s reputation
- Statutory audit report enhances firm reliability
- It helps potential customers evaluate the company before doing business with it
Statutory Audit Procedure
The statutory audit procedure includes an understanding of the operating environment of the organization and controls. The obligatory auditor should check the internal mechanisms as well as the details of the accounts.
Why Choose Us
As an outsourcing business, CAPEX delivers confidentiality, professionalism and undeniable value to the fore. We ensure that every business receives the financial expertise needed to advance its wealth and reach success. Our competitively priced fee structure enables more companies, even small enterprises, to receive a highly professional financial service that otherwise, may not be afforded internally.
CAPEX brings a wealth of business knowledge and experience to all clients. Our goal is to take the stress out of financial management and compliance processes. Our professional staff can provide advisory services including the introduction of accounting systems and business practices for the start-ups. We also deliver expert solutions from restructuring and automation to streamlined accounting procedures.
When you need flexible, affordable and highly professional auditing, financial accounting, and consulting services, CAPEX is a name you can trust. Our aim is to provide every client the value they need and deserve in every financial practice.
The outsourced CAPEX team in the UAE is committed to maintaining confidentiality and assuring compliant services. Allow us to help you run your business more effectively and make the best possible financial decisions for every future success.
Modern Accounting Software
We work on any software — from Excel to SAP, including Russian 1C, as well as Quickbooks and Tally ERP.
Over 2000+ Cases
Over almost ten years of our experience, we have accumulated many expert solutions.