Grant Thornton UAE

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

Learn more about our Service Offering [PDF] [ 793 kb ]

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.

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 .

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.

What value we deliver to our clients

Our clients value having a specialist and dedicated accounting team, who can act as an independent sounding board to assist them in thinking through complex accounting matters. The summary of services we offer to our clients are as follows:

Business Combinations and Consolidations

Providing accounting and reporting support on consolidations including business acquisitions along with post acquisition support
Common control transactions

Convertible Securities

Appropriate equity or debt classification
Mix of other accounting and reporting complexities

Financial Instruments and Hedge Accounting

Accounting treatment of financial instruments
Accounting for financial derivatives and commodities contracts

Complex Accounting

Accounting memos on complex accounting standards
Treatment of these accounting standards as per the applicable guidance

Trainings

We use our experience and insights on a wide range of accounting standards to assist clients through trainings.

Financial Statement and Models

Assist clients in the preparation of financial statements in accordance with IFRSs
Review of complex financial models to ensure compliance with IFRSs

Accounting Policy Reviews

Preparation and review of enterprise-wide accounting policy frameworks and documentation

New Standards

Addressing complexities arising from proposed new accounting standards and guidance, including the impact on existing systems and processes

Accounting Advice

Implementation of new accounting standards
Technical advice on specific accounting standards under IFRSs and IFRIC

Our Audit

Financial Reporting Advisory Services

Grant Thornton’s Financial Reporting Advisory Services (FRAS) team supports organisations through a diverse range of accounting and reporting services including transaction accounting, analysis and adoption of new International Financial Reporting Standards, training on new and complex standards, and other related services that enable organizations to achieve greater transparency and navigate through the ever-changing regulatory landscape.

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.

In-Country Value

Grant Thornton is honored to be one of the Certifying Bodies to implement the National In-Country Value (ICV) Program for the Ministry of Industry and Advanced Technology (MoIAT)

CFO Advisory Services

Chief Financial Officers (CFOs) and finance teams periodically face difficulties in financial reporting and accounting. To address these issues and challenges GT’s team looks to reduce the periodic uncertainty faced by our clients around difficult reporting and accounting standards and can help overcome these difficulties with our CFO advisory services.

International Public Sector Accounting Standards

We are equally experienced in the adoption and implementation of International Public Sector Accounting Standards (IPSAS).

Staff Secondment Services

Finding qualified, skilled professionals for a specific purpose and time period can be a significant challenge for many organisations. We alleviate that challenge with a talent pool of highly motivated and technically trained individuals who have excellent soft skills and the agility to adapt quickly to varied client environments.

Audit

Our Audit

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