Financial & Internal Audit

Financial Audit

Investigate your business’s financial state with the help of the best external auditors in the United Arab Emirates! The process usually begins by analyzing the accounting records and calculating their accuracy. The auditor’s interpretation is compared with the financial statements to determine the accurate status of business finances.

Financial audit in the United Arab Emirates is extremely important for business management. SMEs and large businesses seek external auditors in the United Arab Emirates to estimate the competency of the management team and make sure their investments are secure. Financial audit detects any fraudulent practices in the business. Financial audit in the United Arab Emirates is carried out for statutory purposes that stay in compliance with the prevailing laws.

At Neo Vision Financial Services formerly known as One Vision, we highlight the true and fair picture of the financial statements. We devote time to understand the client and their business. We prepare documents in accordance with the appropriate reporting framework. Our recommendations allow clients to make practical decisions leading to improvement in operations and thereby reduce inefficiencies.

With the help of vibrant external auditors in the United Arab Emirates, Neo Vision Financial Services formerly known as One Vision mitigate risk, improve operations and ensure compliance with regulations!

Internal Audit

Internal auditing is the evaluation of internal controls of the company, the risks involved in financial reporting and bookkeeping as well as data collection and regulatory compliance. An internal auditor reviews every aspect of the company from management’s ethics to the effectiveness of strategies applied for operating activities in different departments. It is the internal auditor’s responsibility to identify inefficiencies in the company’s controls, policies and procedures implemented, and the financial systems. After the evaluation and analysis, the internal auditor is required to prepare financial reports as well as tactics and strategies for improving the internal controls and management of the business. A comprehensive analysis is provided identifying the areas that need enhancements and refinement in order to minimize inefficiencies and risks.

An internal auditor is appointed by the auditing committee who then presents the reports prepared by the internal auditor to the board of directors (BOD). An internal auditor’s opinion is independent of any sort of undue influence since they are directly answerable to the audit committee. Even the package for internal audit is defined by the audit committee so no intimidation or self-interest threats are involved.