At Grant Thornton, we believe that no value is added if audit firms are mostly there to rubber stamp opinions. With our expertise and close partner involvement together with the significant pool of experience, true value is added.
The UAE team have a long-established audit practice with specialists who have supported dynamic businesses to grow. The team have access to more than 18,000 people who are committed to delivering best-in-class assurance services in over 130 countries. Our local team provide the following services:
- Financial statement audits
- Audit related services
- Specialized assurance services
- Technical accounting & reporting advice and solutions
- Attestations & certifications
A culture of quality
We approach each audit with sharp thought and straight talk. In addition to verifying that financial results are fairly presented and meet applicable professional standards, we provide observations and insight into the real performance of your business. Our firm is subject to the dedicated quality monitoring programme that focuses on the six elements of International Standard on Quality Control (ISQC) 1. This rigorous approach helps make sure we deliver consistent, quality services for our clients worldwide over the longer term. Learn more about our audit quality-monitoring programme.
Delivering efficiency through technology
We use the latest Audit Software tools and approaches when auditing typically high volume areas as this ensures the maximum level of assurance is delivered in the most cost effective manner. We continuously evaluate our audit methodology and software applications and provide updated versions annually. Additionally, we have access to and apply a multitude of autonomous systems which drive effectiveness and efficiency. Learn more about our global audit technology in our latest Transparency Report
A single global audit approach
We use one audit methodology globally, which means we can offer you consistent, high quality services wherever you are in the world. Our audit methodology, Horizon, features a partner-led process that focuses our audit efforts on those areas of your financial statements that represent the greatest risk. Horizon also features integrated quality-control processes, including policies and procedures for engagement quality-control review.
International Financial Reporting Standards
Capability in International Financial Reporting Standards (IFRS) is one of our core skills. We have access to a full-time team responsible for high quality, consistent application of IFRS throughout the global organisation. As an organisation, we also actively contribute to the development of IFRS. This includes the submission of global comment letters on proposals for new and amended standards as well as participation in roundtables and other events. We are also a member of the IFRS Interpretations Committee, the IFRS Advisory Council and the IFRS for SMEs Implementation Group.
International Public Sector Accounting Standards
We are equally experienced in the adoption and implementation of International Public Sector Accounting Standards (IPSAS). Our team has worked extensively with a number of Federal and individual Emirate government entities on their first-time adoption of IPSAS as well as conducted regular annual audits of government entities which have already adopted IPSAS.
If you have any questions or would like to find out more about how we can help, contact us.