What's on your mind?
- Establishing a good corporate governance framework
- Managing operational efficiency
- Compliance with International Financial Reporting Standards (“IFRS”)
- Compliance with related party agreements and local regulations.
- Cash management and controls over cash
- Avoiding IT failure to support business
- Speedy resolution of accounting issues
- Independence and objectivity
Bringing you peace of mind
KPMG's audit is based on understanding a client's business drivers and risks. This approach delivers a well thought-through audit that focuses on the most relevant areas. There are four key phases in the process:
- Planning - identifies and confirms the key risks
- Controls phase - we evaluate the design and implementation of selected controls, advise management of any issues and carry out the half year review
- Substantiation - we carry out tests of detail on areas that require particular focus
- Completion - the submission of the audit opinion and the delivery of our view on key areas of your business
What's in it for you
- Audit quality ensured with a robust audit approach
- Objective insightful reporting to add value to Decision making process
- Implementation of fraud risk controls and exercise transparent financial reporting
- Better working Capital Management
- A no-surprises approach to ensure transparency in reporting
How we can help
- At KPMG in the UAE, we understand that the key to a successful and valued partnership is people and therefore, our team of professionals bring in-depth experience, business insight, commitment and the drive to perform and deliver high quality services
- Our focus on clear and consistent communications helps ensure that our client is involved and informed at every step of the Audit, while also being provided with feedback on the risks and issues involved at every stage
- We share our clients’ objectives of credibility and transparency in financial reporting
- Our professionals are committed to delivering reliable, independent audit reports. In fulfilling our commitment to maintain high audit quality we are vigilant in making sure that our audit complies with changing regulations and the professional standards
- KPMG in the UAE has been an early adopter of many of the rules developed to rebuild confidence in financial reporting. The global KPMG Audit Methodology (KAM) is our effective audit methodology that facilitates and enhances audit quality. It meets our goal of delivering quality, independent and rigorous audits
Why KPMG?
- KPMG audits a wide range of listed companies, family groups, multinationals and private companies
- Our strong international and local presence provides you an independent and objective opinion in keeping with globally established methodology and processes
Our Audit Approach
Our audit team comprises professionals with in-depth experience, business insight, commitment and the drive to perform and deliver high quality of service. Our services reflect our belief that
- Audit methodologies must focus on fundamentals and guide good audit judgment
- Sound technology can provide for effective information gathering, allow for critical data comparisons, and enhance contextual analysis
- Rigorous compliance tools help the auditor meet professional and regulatory requirements