Auditors in DDA Audit United Auditing a Division of Emirates Chartered Accountants Group

Dubai Creative Clusters Authority (DCCA) or Dubai Development Authority (DDA) was also previously known as Dubai Technology & Media Free Zone Authority (DTMFZA). It directs to make progress in the development of creative industries in the region.

United Auditing, a Division of Emirates Chartered Accountants Group, headquartered in Dubai is an Approved Auditor in Dubai Development Authority (DDA) auditors List.

Why Choose United Auditing for Audit in Dubai Development Authority (DDA)?

We United Auditing, an approved auditor is Dubai Development Authority (DDA) 

  • Is one of the leading Audit Firms in UAE.  
  • Is an approved auditor in the list of Dubai Development Authority (DDA) .
  • Will ensure the independency on the service
  • Have highly qualified and experienced team of auditors 
  • Provides International Standard on Quality of Service
  • Ensure delivery of Service on time
  • Is an ISO Certified Chartered Accountants Firm
  • Is listed with all major banks and free zones in the UAE.

How to choose an Auditor for Auditing in Dubai Development Authority (DDA)?

Auditing is mandatory for all Dubai Development Authority (DDA)companies registered under Dubai Development Authority (DDA) to renew their Trade / Activity license. As per the requirements of Dubai Development Authority (DDA), the companies registered under Dubai Development Authority (DDA) should appoint only the approved auditors in Dubai Development Authority (DDA). Audit of books of accounts in Dubai Development Authority (DDA)must be conducted by the registered auditors in Dubai Development Authority (DDA)for every financial year.

When and how an audit report should be submitted to Dubai Development Authority (DDA)?

As per the Memorandum of Association of Dubai Development Authority (DDA)Companies it has to submit the Audited Financial Statements to the Dubai Development Authority (DDA) authorities within 90 days from the end of the financial year. The audit report must be submitted to the authority along with the singed audited financial statements. If a company fails to submit the audited financial statements within the time frame, it will face legal consequences including non-renewal of trade license in Dubai Development Authority (DDA).

How United Auditing Conducts an Audit in Dubai Development Authority (DDA)

The audit begins once the official audit engagement letter is signed by the client in Dubai Development Authority (DDA) appointing United Auditing as official auditors of the company.

Planning and implementing the audit procedure- Next step is understand more about the client’s business model and volume of business and plan audit procedures according to the specific requirement of each clients.

Implementation of the audit procedures: Our auditors will visit to the client’s place for the review of the books and records, supporting documents and legal documents in order to express our opinion on the financial statements.

Review of audit files : We conduct the audit in accordance with the provisions of the international standards of auditing ( ISAs) and as  per International Financial Reporting Standards (IFRS).

 Also, we will ensure that the client Company is complied with the provisions of UAE commercial Company law and other laws in force in UAE like UAE VAT Law, Economic Substance Law and CbCR 

(Country By Country Reporting). Also it is the duty of an approved auditor in Dubai Development Authority (DDA) to ensure that the Company has followed the Dubai Development Authority (DDA) regulations as well.   

Review of VAT  Compliance: Verification of compliance of VAT regulation is an additional task forms part of Statutory Auditing. As per the provisions of the UAE VAT law, Dubai Development Authority (DDA) is not  designated zone for the tax treatment hence, the taxability of the transactions are similar to the applicability of tax  in mainland . During the course of an audit we review the compliance of VAT Regulations for the transactions of the company on test basis and advise accordingly.

Issuance of Audit report and management letter: If an internal control weakness is noticed during our audit, we issue an additional report called management letter for the management of the company in Dubai Development Authority (DDA) to give attention on such weaknesses in order to take necessary action in future. Once the draft audit report is ready it will be distributed to the shareholders for their review and once it is approved, we issue the final report.

Why choose United Auditing, the Audit Division of Emirates Chartered Accountants Group for Audit in the Dubai Development Authority (DDA)?

EXPERTISE LOCALLY & INTERNATIONALLY

We Emirates Chartered Accountants Group is present in the market for the last 15 years with highest professional quality, real time service and maintaining ethical values. We are providing Accounting Outsourcing in Dubai, UAE , Onsite and Remote Accounting Services in Dubai, UAE, Part time Accounting in UAE , Bookkeeping & Accounting Services in Dubai ,UAE, and Backlog Accounts Up dation in Dubai, UAE. Other Audit & Assurance Services:

 

FAQ,s

Q: Is audit is mandatory for the Companies in Dubai Development Authority (DDA)by an approved auditor in Dubai Development Authority (DDA)?  

A: Audit is mandatory all Dubai Development Authority (DDA)Companies, mainly for trade license renewal by an approved auditor in Dubai Development Authority (DDA).

Q: Are you an approved auditor in Dubai Development Authority (DDA)?       

A: We United Auditing is one of the Listed Auditors in Dubai Development Authority (DDA) and we are listed with all other free zones and most of the banks in UAE .             

Q: Whether banks will accept the report issued by as an approved   Dubai Development Authority (DDA)Auditor ?

A: Yes, we are one of the approved auditors in Dubai Development Authority (DDA) and we are listed with almost all the banks in UAE . Hence the audit report issued by us will be accepted by almost all the banks in UAE.

Q: Whether value addition can be expected if audit is done by you being an approved auditor in Dubai Development Authority (DDA)?

A: Yes , our experts will inform the management the control weaknesses and other deficiencies in the system noticed during the course of audit . As an approved auditor in Dubai Development Authority (DDA), other free zones and mainland Companies all over UAE  , experienced for more than 15 years, we suggest improvement as well to the management.

 

 Audit in DCCA

Mr. Praveen

+971 50 887 3115 | +971 4 2500290

praveen@emiratesca.com

Mr. Pradeep

+971 55 653 0001 | +971 4 2500290

sai@emiratesca.com

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