Desertbiz offers the complete range of audit and assurance services to meet the business needs of client in this dynamic global environment. Through the years of immense experience and knowledge in Accounting and Auditing sectors, we have tailor made services with the most credible approach.

This segment is engaged in providing the following services:

1.  Financial Audit /External Audit

Audit simply refers to examine and give comments on the items verified. Financial audit implies examination of the books of accounts and other relevant records. This will provide the auditor necessary information to give his opinion whether the accounts are properly maintained and complied with necessary statutory, accounting for financial reporting and auditing standards

Audits have become almost mandatory in the UAE both in the free zones and in the main land. In the free zones, authorities insist filing of audit reports as mandatory requirement for renewing the license of the company. In the main land, as per UAE commercial company law annual audit is required to be done. Moreover, wherever bank has financed materially, they will insist filing of audit report for continuing the finance facilities. Sometimes, suppliers or customers or other stake holders ask financial audit report, time to time. With the implementation of UAE VAT, additional responsibility will be there most probably to the management of the company to confirm the turnover through the audit report.

We Desertbiz International has the highest professional quality, real time service and maintaining ethical values. Our qualified accountants, at various levels of execution of assignments ensure that requirements as per International Financial Reporting Standards (IFRSs), auditing standards and relevant legal provisions are properly complied with.

2. Internal audit

Internal audit is an independent, objective assurance and consulting activity designed to add value and improve organization’s operations. Purpose and Scope of Internal Audit is that, it helps an organization to accomplish its objective by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance process.

Internal audit activity can play an important role and support the BOD and Management, in fulfilling the essential component of their governance mechanisms. The internal auditor furnishes analysis, evaluations, recommendations, counsel and information concerning revenues, and improving profits.

3. Due diligence audit

Due diligence is an investigation or examination of a business or person prior to signing a contract, or an act with a certain standard of care.

The investigation or examination could be carried out for a potential objective for merger, acquisition, privatization, or similar corporate finance transaction normally by a buyer.

Due diligence is an investigation or examination of a business or person prior to signing a contract, or an act with a certain standard of care.

The investigation or examination could be carried out for a potential objective for merger, acquisition, privatization, or similar corporate finance transaction normally by a buyer.

It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is the process through which a potential acquirer evaluates a company which he has targeted or its assets for an acquisition.

The theory behind due diligence holds that performing this type of investigation contributes significantly to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to deliberate in a reflexive manner on the decision at hand and all its costs, benefits, and risks.

Due diligence takes different forms depending on its purpose:

This can include self-due diligence or “reverse due diligence”, i.e. an assessment of a company, usually by a third party on behalf of the company, prior to taking the company to market.

A reasonable investigation focusing on material future matters.An examination being achieved by asking certain key questions, including, how do we buy, how do we structure an acquisition, and how much do we pay?