Internal Auditing

Internal auditing refers to an independent, objective assurance and consulting activity designed to add value and improve a company’s operations. It helps the company accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.

What are the advantages of internal auditing?

Internal auditing is beneficial for a company in the following ways:

  • Internal auditing helps a business assess its effectiveness and efficiency, and thus serves as a measure of performance analysis.
  • It can prove as a proactive tool for risk management by proactively detecting any anomalies or inconsistencies in a company’s operations or reporting.
  • Internal auditing helps a business revisit its key business processes, providing the opportunity to scale and improve persistently.

Our Internal Auditing Services in Dubai, UAE

We provide the following internal auditing services in Dubai and the rest of UAE:

  • Assess a company’s internal control structures, ensuring compliance with the regional laws and regulations, and confirming adherence to operational procedures
  • Compliance auditing, informing the management of the degree of compliance with established policies, procedures, laws, regulations, contractual provisions, etc.
  • Scrutinizing operations to assess a company’s performance with respect to its business objectives
  • Assisting the management in detecting the presence and extent of financial inconsistencies, if any, and in gathering any necessary evidence for legal purposes
  • Evaluating business risks and offering proactive suggestions
  • Identifying areas of ancillary revenue and gaps in the current revenue streams Providing practical recommendations for improvement in control systems

Why JAXA?

At JAXA Chartered Accountants in Dubai, we offer interim and full time internal audit. Our internal audit professionals take a risk-based approach to internal audit to help clients improve performance and operating efficiency. We go beyond traditional fundamentals and add tangible value, to elevate internal audit to an even more strategic and productive role in today’s corporate governance environment. We provide an independent professional evaluation and advise on the quality and effectiveness of the control environment within the organization. We also identify areas for improvement and implement strategies to help you to achieve your organizational objectives and make a positive contribution to the successful operation of your business.

For internal audit services in Dubai, do contact us – we’d be happy to assist!