Audit firms in Dubai – United Arab Emirates
Auditing is a key aspect of international business. It lets potential partners know that they are dealing with a trustworthy firm, which in turn knows that it is a trustworthy partner.
The UAE is known as a vibrant business center where people meet and exchange services and products, and because the UAE’s financial regulations are strict and provide a level playing field for all members, participants from around the world find the UAE a fair, convenient, and profitable place to do business.
A key legal requirement is that UAE companies must audit their books and maintain effective and efficient financial controls. In response to this requirement, there are several internationally accredited audit firms operating in Dubai, and selecting a partner since ‘brand recognition is a common and often misguided strategy. Let’s look at the Best Accounting Firm In Dubai.
PricewaterhouseCoopers – ideal for large and listed companies, with high audit fees and quality audit teams.
Deloitte – ideal for large and listed companies with high audit fees and quality audit teams.
KPMG (Klynveld Peat Marwick Goerdeler) – is ideal for large and listed companies, with high audit fees and quality audit teams.
Ernst & Young – ideal for large, listed companies, high audit fees, and quality audit teams.
Bestaxca Global – ISO certified audit firm, suitable for SMEs and large companies, low audit fees, high-quality audit team.
BDO (Binder Dijker Otte) – suitable for large listed companies, high audit fees, and a highly qualified audit team.
Grant Thornton – best suited for SMEs and large companies, high audit fees, high-quality audit team.
Crowe Securities – most suitable for SMEs and large companies, with medium to high audit fees, and high-quality audit teams.
RSM – best suited to SMEs and large companies, medium to high audit fees, good audit team.
Baker Tilly – most suitable for SMEs and large companies, high audit fees, high-quality audit team.
This is a rather surprising list of internationally recognized accountancy firms. Why did these firms make the top 10 Dubai accountancy firms list? Simple. They are all highly qualified, have excellent reputations, and are highly respected in the global financial community.
PricewaterhouseCoopers (1998). Operating in around 100 countries, the firm is at the top of the list, helping a wide variety of companies grow and create value. It provides high-quality consulting, tax, and audit services. Its reputation lends credibility to the banking community worldwide, ultimately resulting in your audited accounts and financial statements being accepted by all partners interested in your services and products. PwC serves 84% of the Fortune 500 and more than 100,000 businesses and private companies, with total annual revenues of more than $43 billion.
Deloitte: Deloitte is also a leading audit firm in Dubai and worldwide, providing trusted audit, tax, risk management and financial advisory services. It is one of the “Big Four” accounting firms and a major recruiter of financial professionals. The company currently employs around 225 000 people. They have international experience in auditing the accounting records of large companies. They have a large global staff, operate in around 100 countries, and generates annual revenues of around $50 billion.
KPMG (founded in 1987): KMPG is another trusted audit firm with an impeccable brand image. It operates multi-functional divisions, including audit, domestic and international tax, assurance, advisory, and consulting, and provides quality services in 155 countries. Find the typical services you need under one roof, saving you time and resources. Annually, it generates $30 billion in revenue from its clients.
Ernst & Young Ed. remains the internationally established accounting firm of Ernst & Young. Its services include audit, tax, advisory, and transactional services. EY values respect for clients, professionalism, and integrity in its work. Employees from diverse backgrounds and cultures value integrity, hard work, and trustworthiness. With operations in many countries, it is no surprise that Ernst & Young has annual revenues in excess of US$35 billion.
Bestaxca Global Chartered Accountants. In fifth place is Bestaxca Chartered Accountants, a leading auditing firm in Dubai. An ISO-certified auditing and accounting firm whose credibility and excellence is unmistakable among global financial institutions, the firm has been featured in multiple media outlets, including USA TODAY, Entrepreneur, and even Fortune magazine, as one of the world’s top auditing and accounting firms.
The firm has been featured as one of the top audit and accounting firms in the world. The question you must immediately ask yourself is, “How can a company with millions in sales be on the same list as a company that generates tens of billions from its clients’ accounts?” Despite being an internationally acclaimed auditing firm, they pay the same level of attention to all of their clients, regardless of their size. We aim to build long-lasting relationships with each and every one of our clients. Their close relationship with the Big 4 allows them to provide services on par with the Big 4, but at 20 times the cost of many of the firms on this list.
Combined with their international reputation, they are the best choice to back up your financial statements. This is especially good news for distressed and growing firms that need to get every advantage. Again, Bestaxca offers personalized services to the largest companies in all sectors, from oil and gas to real estate, from import and transshipment to free zone management, from gold, diamonds, and commodities to the film production and entertainment industry.
While offering the same services, the company is surprisingly cost-effective compared to its competitors and has an impeccable reputation that international banks have come to thoroughly rely on. The remaining five firms, BDO, GT, Crowe Horwath, RSM, and Baker Tilley, are like the first four.
BDO (1963). earns about US$10 billion a year from its client accounts, while at the same time helping its clients do business internationally. Their goal is to provide a flexible and proactive approach that helps clients overcome the many obstacles they face, and since BDO has offices on every continent and operates in approximately 165 countries, they can help their clients develop their business globally. They are committed to providing a good professional experience for their clients.
Grant Thornton. GT has earned a reputation among its corporate clients as a firm that provides high-quality tax, audit, and professional accounting services. The firm is experienced in working with clients in a variety of industries and provides tailor-made services to meet each client’s needs. The firm generates revenues of US$2.7 billion annually.
Crowe: Crowe is one of the ten largest accounting firms in the world. It has 220 offices in 130 countries. The firm prides itself on having many large and well-known corporate clients. The firm takes special care to ensure client satisfaction. Crowe has recorded revenues of $4.5 billion.
RSM: Next up is RSM Chartered Accountants, which specializes in tax, advisory, and audit services. RSM provides these services in approximately 120 countries and is very experienced in cross-continental operations. They are experienced, and professional, and provide high-quality services. With a diverse and growing client base, they have the experience to handle almost any type of audit engagement. RSM has approximately 800 offices worldwide, with worldwide revenues of $6.7 billion.
Baker Tilly Solicitors This company is ranked 10th on the list. It is a well-known accounting and business advisory service with an international reputation. They teach clients how to predict the future and effectively deal with the present. With a diverse client base, they offer a personal experience in assurance, audit, tax, and advisory services. With 148 branches worldwide, the firm had annual revenues of more than $3.4 billion in 2019.
You need to choose an audit firm that will have a significant impact on your business and prove that your finances are well managed. Hiring a reliable, qualified, and reputable audit firm is one of the best things you can do to protect and promote your business.
Choosing an audit firm is an important task and should be done carefully. You need to choose an audit firm that will add value to your business by identifying fraud, personnel deficiencies and internal control weaknesses. Most importantly, you need a firm that will make recommendations to fix any problems identified during the audit.
Overall, the best choice seems to be our surprisingly cost-effective firm located in the middle. We are a Bestaxca CPA firm.
We invite you to contact one of our accounting experts. Contact our highly qualified accounting firm today. Top banks know and trust us internationally.
