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Auditing Services

External Audit Services

An external audit gives shareholders, banks and authorities an independent opinion on your financial statements. We manage the engagement end to end with licensed audit partners.

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An external audit examines whether financial statements give a true and fair view under the applicable framework — typically IFRS in the UAE. Banks rely on it for facilities, free zones for renewals, investors for confidence, and increasingly the FTA for corporate tax categories where audited statements are mandated.

Taxspire coordinates external audit engagements through licensed audit partners: we scope the engagement, prepare your financial statements and supporting file to IFRS standard, manage fieldwork queries, and see the opinion through to signature. You get an independent audit with the preparation quality that keeps it fast and clean.

Who it’s for

Who needs this

Companies required by free zones or regulators to file audited accounts
Businesses raising bank finance or renewing facilities
Foreign subsidiaries reporting to group auditors abroad
Entities exceeding thresholds requiring audited statements for corporate tax
Challenges

Problems this solves

Licence renewal blocked pending an audit report
Group auditors abroad demanding local statutory audits on tight deadlines
Financial statements not prepared to IFRS presentation standard
First-time audits with no idea what the process involves
Our scope

What Taxspire provides

01

Engagement scoping and licensed auditor appointment

02

IFRS financial statement preparation

03

Full audit file: schedules, reconciliations, confirmations

04

Fieldwork management and query resolution

05

Signed audit report delivered to your deadline

The process

How it works

Step 01

Scoping

Requirement confirmed, auditor engaged, timeline fixed.

Step 02

Preparation

Financial statements and audit file built to standard.

Step 03

Fieldwork

We manage sampling requests, confirmations and queries.

Step 04

Opinion

Report signed and delivered to the parties who need it.

What we’ll need from you

Complete accounting records for the period
Bank confirmations and statements
Contracts, leases and loan agreements
Inventory records where applicable
Prior audited financials

Expected timeline

A prepared SME audit typically completes in 3–6 weeks from fieldwork start. Free zone renewal deadlines are the usual constraint — engage early rather than at the renewal date.

Timelines depend on document readiness and authority processing; we confirm a schedule before work begins.

Why us

Why choose Taxspire

Clear advice, no jargon

Every recommendation comes in plain language with the reasoning attached — you decide from understanding, not trust alone.

Responsive communication

A named team, a direct line, and answers within one business day. You will never chase us for your own numbers.

Experienced specialists

A 50-person team across tax, accounting, audit and compliance — depth in each discipline, one point of contact for you.

Reliable turnaround

Deadlines are planned backwards with margin. Filings go in before due dates, not on them.

FAQ

Frequently asked questions

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