Bank Approved Auditor in Dubai UAE

October 6, 2023

As a leading accounting and audit firms in Dubai. provides accounting services, taxation services, and audit services. Dubai banks such as Emirates NBD, ADCB, RAK Bank, ADIB, and FAB approve this firm as one of the top audit firms in Dubai. There are a number of bank-listed auditors in the UAE, including Farahat and Co., who provides a wide variety of services including VAT, Audit, Accounting, and Bookkeeping. As well as being approved by JAFZA, DMCC, and JLT, it also provides top accounting and auditing services for corporations throughout the UAE.

 

Why is auditing considered essential in a bank?

An internal audit function offers dynamic assurance to a bank's board of directors and senior supervision (bank supervisors) as to the excellence of the bank's internal control system.

Some major reasons are;

  • Maintain aptitude and knowledge
  • Reduce the risk of defrauding investors
  • Compliance with the respective governmental guideline
  • Authentication of interior controls and procedures
  • Precision in financial statements

 

The banks keep records of all approved auditors for the purpose of ranking Dubai auditors into several categories. The ranking list is shared between all the banks in Dubai, and is processed by most of them. Here is a list of the notable banks from which all top audit firms must obtain approval.

Emirates NBD approved auditors in Dubai

Emirates NBD bank PJSC is Dubai’s government bank. It is one of the leading banking groups in the middle east in terms of assets. Farahat and Co. is one of the top audit firms approved by Emirates NBD that provides opportunities to prosper. Emirates NBD announces quarterly results and financial statements through a call with analysts and investors.

The NBD segments include corporate and institutional, retail, and private banking. It also offers treasury services and Islamic banking products, with headquarters in UAE, and Dubai. Emirates NBD combined the 2nd and 4th largest banks in the UAE to form a banking supporter with the largest asset base in the GCC. Today, it is a market leader across essential business lines. With an entire balance sheet of over $100 billion, it is one of the world's 100 largest banks.

 

RAK bank approved auditors in Dubai

RAK Bank which is also known as the National Bank of Ras Al Khaimah, Public Joint Stock Company (PSC) is one of the oldest and most dynamic banks in the UAE. The auditors support companies to uphold their financial statements based on international accounting standards.

RAK bank offers many benefits as;

  • Transparent transactions
  • Exclusive services
  • Preferential exchange rates
  • Adapted solutions based on business operations

 

ADCB-approved auditors in UAE

 

ADCB (Abu Dhabi Commercial Bank) is a commercial bank. It has retained a landmark in the future of banking. Also, it has the precise strategy and tools to remain the number one choice for its clients. ADCB invests enormously in its staff and keeps spirits high. It offers a extensive range of services and products such as

  • Private banking
  • Retail banking
  • Wealth management
  • Corporate banking
  • Commercial banking
  • Cash management
  • Investment banking
  • Corporate finance
  • Foreign exchange
  • Interest rate and currency derivatives
  • Islamic products

If you have chosen an ADCB auditor for the company, as a top audit firm in Dubai we offer many benefits such as preferential pricing across all services, including loans and foreign exchange. ADCB is specifically designed to fulfil your individual financial and lifestyle needs as an Emirati. It offers you unparalleled access to exclusive services and products.

 

ADIB-approved auditor in UAE

ADIB (Abu Dhabi Islamic Bank) provides quality auditing services at a cost-effective and affordable fee structure which is top-rated auditors. Abu Dhabi Islamic Bank PJSC invites deposits and offers consumer, corporate, and investment banking services. The Bank finances the purchase of vehicles, real estate, and capital equipment. It offers letters of credit and sponsors investment funds. Also, deals with property management and evaluation services. ADIB lends money in harmony with Islamic law.

 

Benefits of choosing ADIB approved Audit Firms;

  • Guiding on the appropriate conduct of business.
  • Ensuring the financial principles by the FTA (Federal Tax Authority)
  • Evaluating and reviewing the accounting, and financial statements.
  • Obeying with the controlling laws.
  • Tactically planning on finance.

 

Abu Dhabi Islamic Bank is a Private Banking segment. ADIB offers securities, wealth management, market updates, and financing solutions. Through Corporate Banking,

ADIB provides

  • Business financial way out
  • Insurance
  • Priority and personal banking
  • Global transaction services

 

FAB auditor approved in Dubai

FAB (First Abu Dhabi Bank) is the UAE's prevalent bank and one of the world's largest and safest institutions. It offers a wide range of tailor-made solutions, products, and services, to provide a customized experience.

FAB is responsible;

  • To facilitate end-to-end Audits, Security reviews & RCSA activities until the closure of observations.
  • To provide essential technical support which includes security, design, and infra domain to facilitate in appraising and remediating audit & security observations.
  • To assist in providing management response to Audit observations, and dashboard reportage on the status of the identified risk observations.

 

FAB ranked number one in the UAE, and second in the middle east in the list of the top 1000 world bank’s 2020 list, measured by Tier 1 capital. FAB was also ranked 1st in the UAE, 4th in the Arab world and 303rd internationally in Forbes annual ranking of the world’s 2000 largest public firms.

 

As one of the leading auditing firms in Dubai caters to businesses all over the country. With more than 35 years of experience, we provide clients with the extensive knowledge they need for a successful audit. By offering quality solutions, we help our clients prevent and eliminate issues within their organizations. To ensure we are in line with international standards, we are always on top of the latest changes in the accounting and auditing world. For more information about auditing or to take advantage of our audit services, contact us today!

 

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