External & Internal Audit Services
Independent statutory audits, Free Zone compliance reports, and internal control reviews designed to assure stakeholder confidence and regulatory compliance across the UAE.
Rigorous Auditing with Uncompromising Integrity
Independent auditing is essential for meeting UAE commercial law requirements, maintaining bank financing arrangements, and renewing Free Zone trade licenses. Beyond compliance, a thorough audit provides vital transparency into operational risks and financial accuracy.
ForeShore delivers objective, high-standard external and internal audit solutions. We align with International Standards on Auditing (ISA) and International Financial Reporting Standards (IFRS) to ensure your financial statements reflect a true and fair view of your enterprise.
Comprehensive Audit Scope
Our auditing practice covers statutory financial statement audits, operational risk reviews, and tailored regulatory assurance:
Statutory External Audit
Independent examination of annual financial statements required for Ministry of Economy compliance and Free Zone annual renewals.
Internal Risk & Controls Audit
Evaluating operational workflows, governance frameworks, and segregation of duties to mitigate fraud and operational leakage.
Free Zone Liquidation Audits
Preparation of official audit reports required by free zone authorities (DMCC, DAFZA, JAFZA, IFZA, etc.) during license closure or restructuring.
Special Purpose & Forensic Audits
Targeted investigations into specific accounts, transactions, or operational units for investor due diligence or dispute resolution.
Our Audit Execution Framework
Engagement Planning & Risk Assessment
We define the audit scope, materiality thresholds, and key risk areas tailored to your sector and corporate structure.
Fieldwork & Substantive Testing
Our team verifies general ledger balances, samples transactions, performs bank confirmations, and evaluates internal controls.
Findings & Management Letter
We present preliminary observations to leadership, detailing control weaknesses, risk exposures, and recommended remediations.
Final Audit Report Issuance
Delivery of signed, official auditor’s reports and financial packs suitable for banks, free zone authorities, and tax regulators.
Ensure Compliance with Approved Auditors
Get a clear timeline and competitive proposal for your upcoming external or internal audit.