At Recordac, we believe that no value is added if audit firms are mostly there to rubber stamp opinions.
With our expertise and close partner involvement together with the significant pool of experience, true value is added.
Financial statement audits
Audit related services
Specialized assurance services
We approach each audit with sharp thought and straight talk. In addition to verifying that financial results are fairly presented and meet applicable professional standards, we provide observations and insight into the real performance of your business. Our firm is subject to the dedicated quality monitoring programme that focuses on the six elements of International Standard on Quality Control (ISQC) 1. This rigorous approach helps make sure we deliver consistent, quality services for our clients worldwide over the longer term.
We use the latest Audit Software tools and approaches when auditing typically high volume areas as this ensures the maximum level of assurance is delivered in the most cost effective manner. We continuously evaluate our audit methodology and software applications and provide updated versions annually. Additionally, we have access to and apply a multitude of autonomous systems which drive effectiveness and efficiency.
Do you need help keeping your business operations transparent and accurate? If yes, then there is no need to worry anymore. With the best audit assurance service that Recordac provides, you can easily achieve all your business goals without any hurdles.
Today’s financial landscape is complicated. You must take care of authenticity and clarity in your business practices to make it successful. Furthermore, organizations must ensure that their financial records and accounting statements are compliant, trustworthy, and free from any substantial falsehoods. You must utilize the best audit and assurance service to ensure all your business’s financial summaries are free from significant inaccuracies.
Fortunately, Recordac offers ideal audit assurance services designed to meet the major requirements of businesses in the UAE. Hence, Recordac can help your company improve its operational transparency and attain hassle-free regulatory compliance. Let’s discuss this further in the article.
It is the objective review of a business or organization’s financial records and compliance controls to ensure that the organization adheres to all the regulatory guidelines and showcases an authentic view of its financial condition. The audit and assurance evaluation system is set in the corporate world to provide stakeholders and investors of a company with the most reliable financial statements so that they can trust the organization to which they are spending a fortune.
Moreover, audit and assurance are crucial for UAE businesses tackling compliance challenges and global business trends. Recordac offers the most reliable audit and assurance service in the UAE to help your business gain an in-depth knowledge of its performance, potential risks, and ways to improve it.
Recordac provides the ultimate audit and assurance service to maintain a good reputation for transparency in your business.
Organizations should design internal controls to safeguard business assets, ensure accurate financial reporting, and prevent fraud. Another recommendation is that internal control assessment is crucial in audit assurance to establish any weakness in the overall structure of business regulations.
Recordac works by comprehensively assessing your business organization’s internal controls to determine potentially risky areas. You also obtain a practical plan to fortify the internal control system, which is vital to your business because investors and authorities in the UAE expect good corporate governance.
The audit process also involves financial statement audits. These involve an outside party assessing a company’s financial statements to ensure that they are free from key misstatements.
Recordac performs financial statement audits while adhering to International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA) regulations. Certainly, Recordac’s goal is to add value to your company while ensuring that your financial reports meet all regulatory requirements. In the UAE, Recordac ensures that your organization is adherent, transparent and competitive globally.
If your business grows exponentially, its compliance with UAE’s local and international policies becomes complicated. However, there is one solution: compliance audits. These audits ensure an organization’s practices and activities comply with all regulatory requirements.
Running a business in the UAE is not easy because of numerous regulations in fields such as cyber security, taxation, and the corporate world. Therefore, Recordac offers the ultimate compliance audit service, which addresses all regulatory concerns and ensures that every business practice is according to the law.
Recordac also protects your organization from reputational damage. Thus, with Recordac’s premium service, you can reduce the risk of penalties and hefty fines.
With external audits, you can provide a thorough review of your organization’s financial records and internal activities to assure stakeholders about the business’s transparency. Furthermore, external audit services play a crucial role in satisfying the needs of UAE government bodies and investors.
Records offer thorough external audit services that ensure your business’s goodwill and compliance with local and international auditing regulations.
Recordac’s audit and assurance services include audit risk assessment because it is crucial. This is because it determines and asses the risks or potential threats that can affect the accuracy of your business’s financial report. Moreover, the audit risk assessment step ensures that your company’s results are trustworthy and authentic.
Recordac utilizes advanced assessment techniques for audit risk evaluation and determines potential risks before they can cause a problem. Certainly, Recordac’s team of experts assesses risks and utilizes a preventive approach for risk management. For businesses in the UAE, this service preserves legal compliance and a competitive edge since risk management is a rising field of regulatory interest.
The Following reasons make Recordac the best audit and assurance service provider in the UAE.
Recordac specializes in understanding both UAE audit standards and international audit standards. As a result, Recordac can offer the best audit and assurance services to suit the needs of UAE-based enterprises.
Recordac also offers new audit software tools, to which we respond well and quickly to every organisation’s requirements. Moreover, Recordac’s technology gives you the best assurance outputs for the lowest possible cost, which you will require if your business operates in a fast-moving market like the UAE.
Recordac’s audit and assurance service enhances your business’s financial transparency and adds value to your organization. With Recordac, you can gain insights into your company’s performance and determine areas for improvement. It’s more than a rubber stamp.
Audit assurance plays a central role as a key element to every business’s growth and risk management procedures. Partnering with Recordac guarantees your business a clear and accurate representation of its financial aspects. Recordac’s audit and assurance service covers all aspects that give an ideal means to deal with the unique challenges that most businesses in the UAE face.
Records Accounting and Consulting Services (Recordac) is trusted by many clients like you, we offer affordable and reliable financial services, work with us and live a worry-free life as we will handle all of your financial needs!
