RAKEZ Audit Services · Ras Al Khaimah, UAE

RAKEZ Approved Auditors for Businesses in Ras Al Khaimah

Looking for RAKEZ approved auditors for your company in Ras Al Khaimah? ARCA Auditors, now part of Horizon Biz Consultancy, supports businesses with financial statement audits, audit preparation and financial reporting.

Choosing the right auditor can help your business prepare accurate financial information, understand its reporting responsibilities and manage the audit process more efficiently.

Understanding Your Obligations

RAKEZ Approved Auditors and Audit Requirements

Businesses registered with Ras Al Khaimah Economic Zone (RAKEZ) should understand the financial reporting and audit obligations that apply to their licence, company structure and activities.

Why Does a RAKEZ Company Need an Audit?

An independent financial statement audit examines a company’s financial records and reported financial position. It can help business owners, management and other relevant stakeholders understand whether the financial statements have been prepared in accordance with the applicable reporting framework.

Depending on the entity and current RAKEZ requirements, a company may need to prepare audited financial statements and submit them through the applicable process. Businesses should confirm the current deadlines, filing procedure and auditor eligibility requirements directly with RAKEZ or their professional adviser.

Working with an appropriately qualified and, where required, RAKEZ-approved auditor can help your business prepare for the audit and address document requests in an organised way.

What Should Your Business Confirm?

Whether an audit is required for your entity and licence.
Which auditor eligibility or approval rules apply.
The relevant financial year and submission deadline.
The required financial statements and supporting records.
The current submission procedure and applicable fees or penalties.

Our Services

RAKEZ Audit Services for Your Business

Get support with audit preparation and financial reporting through a structured process tailored to your company’s circumstances.

01

Financial Statement Audit

Independent examination of financial statements and supporting accounting records, subject to the agreed engagement scope and applicable professional requirements.

02

Audit Preparation

Help organise financial records, schedules and supporting documents before the audit begins, making it easier to respond to information requests.

03

Financial Reporting Support

Support with preparing and reviewing financial information needed for the audit, based on your business structure and reporting requirements.

04

Accounting Records Review

Review the organisation of accounting records and supporting schedules to identify missing information before fieldwork or audit review proceeds.

05

Audit Documentation

Assistance in compiling requested invoices, bank statements, agreements, ledgers and other evidence relevant to the audit.

06

Audit Process Coordination

A clear process for discussing requirements, exchanging information, responding to queries and coordinating the agreed audit deliverables.

Business Benefits

Why Choose the Right RAKEZ Auditor?

A well-managed audit process can help your business maintain organised records and prepare financial information with greater clarity and confidence.

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Clear Audit Planning

Understand the information required, the expected steps and the responsibilities of your team before the audit starts.

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Organised Financial Records

Bring together accounting records and supporting documents to make information easier to locate and review.

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Better Financial Visibility

An audit can provide useful insight into reported financial information and areas that may need further attention.

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Professional Communication

A defined process helps your team manage audit questions, provide requested evidence and track outstanding items.

Audit Checklist

Documents Required for a RAKEZ Audit

The exact audit checklist depends on your company’s activities, financial transactions and reporting requirements. Commonly requested documents may include the following.

Prepare Your Records in Advance

Preparing complete and well-organised records can help the auditor understand your business and identify any additional information needed for the engagement.

Your auditor may request additional schedules, confirmations or supporting evidence after reviewing the initial documents.

Common Audit Documents

Trial balance and general ledger
Balance sheet and profit and loss statement
Bank statements and bank reconciliations
Sales invoices and purchase invoices
Accounts receivable and payable schedules
Payroll records and employee-related schedules, where applicable
Fixed asset register and depreciation schedules
Lease agreements, loan agreements and other material contracts
Inventory records, where applicable
Previous audited financial statements, if available
Relevant company and licence information

This is a general checklist, not a definitive RAKEZ filing list. The auditor will confirm the documents applicable to your business.

How It Works

Our RAKEZ Audit Process

A straightforward process helps you understand what is needed at each stage of the audit engagement.

01

Initial Discussion

Share your company details, financial year-end and the audit support you require. We discuss the proposed scope and next steps.

02

Document Collection

Compile the relevant financial statements, ledgers and supporting records using a checklist based on your business.

03

Audit and Review

The audit proceeds according to the agreed scope and applicable professional standards, including follow-up questions where needed.

04

Reporting and Next Steps

Discuss the audit deliverables and any subsequent actions or submission steps relevant to your company.

Need Help With Your Business, Tax or Finances?

Speak with Arca Auditors about your business requirements and get practical guidance from experienced professionals.

Enter your information below to receive an email or Contact us today for assistance on +971 50 397 8378 or support@arca.ae

Frequently Asked Questions

FAQs About RAKEZ Approved Auditors

Find answers to common questions about RAKEZ audit services and preparing your business for an audit.

What does a RAKEZ-approved auditor do?

An auditor who meets RAKEZ’s applicable eligibility and approval requirements can conduct audit engagements within the scope of their professional authorisation. The work generally involves examining financial statements and supporting accounting records and issuing the relevant audit report.

Does every RAKEZ company need audited financial statements?

Audit and submission obligations can depend on the company’s circumstances and current RAKEZ rules. Confirm the requirements applicable to your entity directly with RAKEZ or a qualified professional adviser.

Is ARCA Auditors approved by RAKEZ?

Please contact ARCA Auditors to confirm its current RAKEZ approval status and whether it is eligible to conduct the audit required for your specific entity. Approval status should be verified before appointing an auditor.

What documents should I prepare for a RAKEZ audit?

Common documents include the trial balance, general ledger, bank statements, invoices, financial statements and relevant supporting schedules. Your auditor will provide a tailored list based on your company’s transactions and activities.

When should I arrange my RAKEZ audit?

Start planning early enough to prepare the accounting records, address information requests and meet any applicable submission deadline. Confirm the current deadline for your entity with RAKEZ.

How can I get a quote for RAKEZ audit services?

Contact our team with your company details, financial year-end, approximate transaction volume and current accounting status. We can discuss the scope of work and the information needed to assess your requirements.

Need Audit Support?

Looking for RAKEZ Approved Auditors?

Speak with ARCA Auditors, now part of Horizon Biz Consultancy, about your company’s audit requirements, financial records and next steps in Ras Al Khaimah.