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DIFC Approved Auditor in Dubai, UAE

DIFC Approved Auditor

Dubai International Financial Centre (DIFC) is a financial-free zone established in the emirate of Dubai in 2004. With more than 29,700 professionals operating across more than 3,644 active registered firms, the DIFC is a world-renowned, independent regulator and judicial system with a diverse pool of industrial expertise in the area. They offer finance for growth-stage start-ups, flexible legislation, cost-effective licensing, and creative accelerator programs.

DIFC approved auditor is authorized to perform audits of DIFC companies. The DIFC- registered auditor is qualified to perform audits of DIFC companies because they have registered with DIFC.

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Documents Required for DIFC Auditing Process

Registered audit firms in DIFC request the relevant year’s papers from the companies to conduct the audit and assurance. This makes it easier for the auditor to perform duties, which include reviewing the financial statements at year’s end to come up with an opinion on the financial condition that complies with the rules. The following documents must be presented by the businesses:

Auditing Services at Farahat & Co.

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Why Choose FAR Consulting Middle East As DIFC Auditor?

  • FAR Consulting Middle East is one of the top audit firms in Dubai and an approved auditor in DIFC. In the financial services sector, we are dedicated to offering high-quality audits and risk management services. Through our expertise in audits and consulting, we have a wealth of experience assisting organizations in achieving their objectives.
  • With 35 years of expertise, FAR Consulting Middle East has the depth of knowledge that clients require for an audit to be effective. We are an up-to-date company, and our skilled experts have multi-industry experience in a variety of countries.

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FAQs

Who are DIFC Approved Auditors?
DIFC approved auditors are audit firms registered with the Dubai Financial Services Authority (DFSA) to audit DIFC companies.

Is the annual audit of DIFC entities compulsory?
Yes. Every DIFC company must submit audited financial statements annually, verified by a DIFC registered audit firm.

What standards apply to DIFC audits?
DIFC auditors must follow IFRS and DFSA’s regulatory audit framework.

Why must I appoint a DIFC registered auditor?
The DIFC Registrar of Companies only accepts audit reports from firms approved by DFSA.

When should I file my DIFC audit report?
Within six months after the company’s financial year-end.

Can I use a mainland audit firm for DIFC?
No. DIFC registered audit firms only can conduct audits of DIFC companies.

What are the late filing penalties?
Late filing may result in administrative penalties or suspension of registration.

How can Farahat & Co. assist DIFC entities?
Farahat & Co. is a DIFC registered audit firm offering audit, assurance, and compliance services for financial and non-financial institutions.

Chat with Our DIFC-Approved Audit Team Today!
+971 52 6922588
| Tel: +971 4 2500251
| E-mail: sales@farahatco.net