AUDIT & ASSURANCE

Statutory Audit & Assurance Services

When your stakeholders, investors, or regulators need confidence in your financial statements, accuracy is everything. PROFIX Consulting delivers statutory audit and assurance services in the UAE that go beyond compliance — we provide genuine clarity on your financial position, internal processes, and reporting quality.

Our audit & assurance services are delivered in collaboration with CALX International UAE, our dedicated assurance partner founded in 2018. We approach every engagement with a risk-based mindset, using internationally accepted standards and a fully paperless process.

Our Audit Approach

STATUTORY AUDIT METHODOLOGY

We follow a structured and risk-focused audit methodology to ensure accuracy, compliance, and transparency throughout the statutory audit process. Our approach is designed to identify key financial risks, strengthen reporting reliability, and provide stakeholders with clear and actionable insights.

Risk Assessment

Evaluate risk of material misstatement, define materiality at GL level, identify key areas of focus and audit strategy.

Interim Work

Review internal controls and important schedules. Obtain understanding of income and expenses.

Testing & Evidence Gathering

Carry out substantive testing as per materiality thresholds; document working papers digitally.

Analytical Procedures

Perform analytical procedures to identify potential anomalies and produce management reporting tools.

Audit Report

Prepare audit report and issue opinion based on testing; align with management.

Opinion & Disclosures

Identify disclosure needs and submit alongside the audit report.

Features

OUR AUDIT & ASSURANCE SERVICES

Statutory Audit Services

Delivered by qualified professionals using a structured end-to-end methodology — from scoping and risk assessment through fieldwork, control evaluation, and final reporting. We serve companies across Dubai and the wider UAE, covering hospitality, real estate, retail, and professional services.

Financial Statement Audit

Whether standalone or as part of your wider reporting commitments, we deliver with precision. Fully familiar with IFRS requirements as applied in the UAE and free zone environments including DIFC, DMCC, JAFZA, DAFZA, and others.

Agreed-Upon Procedures

Our AUP engagements let you define the scope — and we deliver factual findings on exactly the areas that matter. Commonly used for investor due diligence, loan applications, grant reporting, and internal verification processes.

Attestation Services

We issue formal attestations for financial and non-financial information, supporting regulatory submissions, tender applications, visa requirements, and third-party verification needs.

Tech-Enabled, Paperless Audit

Audit management software, cloud-based documentation, and digital workflows. All client approvals are automated under our software process — reducing disruption and accelerating the audit cycle.

Ready to take control of your finances? Let’s talk today.

FAQ

Frequently Asked Questions

Clear answers to help you understand features, workflow, and secure task handling with confidence

1. What is a statutory audit and do I need one in the UAE?

A statutory audit is an independent examination of your company’s financial statements, required by law for certain types of companies. Requirements vary by jurisdiction — mainland companies, free zone entities, and financial institutions may all have different obligations. We can advise on exactly what applies to your situation.

Yes. We work with companies across Dubai’s major free zones including DIFC, DMCC, JAFZA, DAFZA, and others. Each has its own audit and reporting requirements, and our team is well-versed in each.

You get the same rigorous methodology — our leadership team trained at Grant Thornton, RSM, and KPMG — with direct access to senior professionals on every engagement, and deep hospitality and real estate sector expertise that generalist audit firms cannot match.