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Equiti Business Corp takes pride in delivering top-tier internal audit service in Dubai, We understand that internal audits are integral to maintaining transparency, minimizing risks, and driving operational excellence with your organization. Our internal audit services help you assess and improve your internal control processes, identify areas for enhancement, and mitigate risks. By conducting regular internal audits, you can enhance operational efficiency, ensure compliance, and safeguard your assets.
Internal Audit Service
Internal Audit
An internal Audit can be an organization of people or a department within a company that provides independent and unbiased reviews of processes and systems of business organizations. Internal Audit provides the company managers and organization governing bodies with an objective source of information about the risks, operational effectiveness and weaknesses, control environment, and compliance with the existing and applicable laws and regulations.
- Identify and address weaknesses in internal controls
- Minimize the risk of fraud, errors, and non-compliance
- Enhance operational efficiency and effectiveness
- Provide assurance to stakeholders and management
- Ensure Compliance with Laws and Regulations
Why Internal Audit is Need for your business
All companies operating in the mainland UAE such as banks, investors, government authorities etc., need an internal Audit. They are required by authorities to have their financial accounts audited, and these companies must keep their financial records for at least five years. Companies in the free zones do not get audited because they are not required to submit their audit report. It should be noted; however, that audit reports may be required for immigration purposes.
Internal control refers to as administration controls, within the structure of the organization, strategies and methods received by administration to meet its missions, objectives and targets. Internal controls also serve as the primary line of check for violation of laws, controls and arrangements of contracts and agreements. Internal controls include:
- Processes for arranging, organizing, coordinating and controlling operations systems for measuring, detailing and observing performance.
- Actions taken by administration and other parties to improve risk-management and increment the probability that built up targets and objectives will be achieved.