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Audit Support Services (UAE)

CALL FOR CONSULTATION

+971 4529 6917

Solvico Advisory provides professional audit support services for businesses across Dubai and the UAE. We help companies prepare for statutory, external, internal, and regulatory audits with organized financial records, clear reconciliations, responsive documentation, and dedicated coordination throughout the audit process.

Our objective is to reduce audit disruption, strengthen financial transparency, and help your business meet its reporting and compliance obligations with confidence.

End-to-End Audit Preparation

An efficient audit begins long before the auditor requests documents. We perform a structured pre-audit review to identify gaps, reconcile key balances, and prepare the information required for a smooth audit engagement.

Review of accounting records, ledgers, and financial statements.
Preparation of audit schedules and supporting documentation.
Bank, receivable, payable, inventory, and fixed-asset reconciliations.
Review of revenue, expense, payroll, and related-party transactions.
Identification of missing documents and potential reporting discrepancies.
Preparation of management explanations for material account movements.
Coordination of year-end closing activities.

External Audit Coordination

Managing an external audit can be time-consuming for internal finance teams. We act as a central point of coordination between your business and the appointed audit firm, helping ensure that requests are handled accurately and on time.

Creating audit-ready financial statements and working papers.
Preparing schedules for income, expenses, assets, liabilities, and equity.
Responding to auditor information requests in coordination with management.
Organizing contracts, invoices, bank statements, approvals, and supporting evidence.
Assisting with audit queries, confirmations, and representation letters.
Tracking outstanding requests and maintaining an audit request register.
Supporting management during audit meetings and closing discussions.

Financial Statement Review

Financial statements should present a reliable picture of your company’s financial position and performance. We review draft accounts before they are submitted to auditors, investors, banks, free zone authorities, or other stakeholders.

Review of profit and loss statements, balance sheets, and cash flow statements.
Assessment of accounting classifications and disclosure requirements.
IFRS-aligned financial statement preparation and presentation support.
Review of revenue recognition, expense allocation, and accrual calculations.
Fixed-asset register verification and depreciation reviews.
Intercompany balance reconciliation and elimination support.
Group reporting and consolidation assistance for multi-entity businesses.

Internal Controls Assessment

Strong internal controls help reduce the risk of financial errors, fraud, unauthorized transactions, and audit observations. We review your finance processes and recommend practical improvements that fit your organization’s size and operating model.

Approval procedures for payments, expenses, and purchases.
Segregation of duties across finance and operational teams.
Cash handling, bank access, and payment authorization controls.
Procurement, vendor onboarding, and purchase order procedures.
Revenue collection and customer credit-control processes.
Inventory, fixed-asset, and stock-count controls.
Document retention, accounting access, and audit trail requirements.

Internal Audit Support

Internal audit is not only about finding issues; it is a tool for improving operations, governance, and financial discipline. We help businesses develop and execute internal audit programs focused on risk, process efficiency, and control effectiveness.

Risk assessment and audit planning.
Process reviews across finance, procurement, payroll, inventory, and operations.
Compliance checks against company policies and procedures.
Testing of internal controls and supporting evidence.
Identification of control gaps and operational inefficiencies.
Follow-up reviews to monitor implementation of recommendations.
Preparation of internal audit reports and action plans.

VAT and Corporate Tax Audit Support

Tax authorities may request records, reconciliations, invoices, contracts, and explanations relating to VAT or Corporate Tax filings. We help businesses organize their tax records and respond professionally to audit-related queries.

VAT return reconciliation with accounting records and sales data.
Input VAT review and supporting invoice verification.
Corporate Tax computation support and tax-adjusted profit reconciliations.
Review of related-party transactions and transfer pricing documentation.
Preparation of schedules for exempt income, deductible expenses, and tax losses.
Document collection and response support for authority information requests.
Assistance with audit findings, voluntary disclosures, and corrective action plans.

Why Choose Solvico Advisory?

CFO advisory and financial reporting services
CFO advisory and financial reporting services by Solvico Advisory
1
Practical Expertise
Support tailored to your business size, industry, accounting system, and audit requirements.
2
Organized Documentation
Clear audit schedules, reconciliations, and supporting records that help reduce back-and-forth with auditors.
3
Dedicated Coordination
A reliable point of contact to manage audit requests, deadlines, and communication.
4
Compliance-Focused Approach
Assistance with financial reporting, VAT, Corporate Tax, and regulatory documentation requirements.

Prepare for Your Next Audit

A well-managed audit can strengthen stakeholder confidence, improve internal processes, and provide valuable insight into your financial operations. With Solvico Advisory as your audit support partner, your business can approach the audit process with better records, stronger controls, and greater clarity.

Contact Solvico Advisory

Contact Solvico Advisory today to schedule an audit readiness assessment, organize your financial records, or receive support with your upcoming external, internal, VAT, or Corporate Tax audit. We will review your current processes and confirm the applicable scope, timelines, and fees.

Note: Services are provided subject to applicable UAE federal and emirate-level laws, including Federal Decree-Law No. 32 of 2021 on Commercial Companies, free zone regulations, and Federal Tax Authority requirements. Corporate Tax registration is generally required for UAE entities; VAT registration is mandatory when taxable supplies exceed AED 375,000 in a 12‑month period (voluntary registration available from AED 187,500). Minutes, resolutions, and statutory registers must be maintained at the company’s headquarters and retained for the periods prescribed by law (commonly at least 5–7 years for corporate records). Timelines, fees, and eligibility criteria may vary by jurisdiction and are subject to change.

CALL FOR CONSULTATION

+971 4 529 6917