Dubai Silicon Oasis (DSO) is a business and technology hub in Dubai. Companies operating in the area should understand the financial reporting, audit and submission requirements that apply to their business and registration.
An independent audit examines financial statements and supporting evidence, helping assess the reliability of reported financial information.
ARCA Auditors, now part of Horizon Biz Consultancy, provides a point of contact for businesses seeking audit, accounting and financial reporting assistance. Service availability and scope are confirmed during the initial discussion.
Support with financial statement preparation and applicable reporting considerations under International Financial Reporting Standards, where relevant to the engagement.
Preparing complete and organised financial records can help streamline the audit process. The exact checklist will depend on the company’s activities, transactions and reporting needs.
Discuss your DSO registration, business activities, financial year-end and audit requirements to establish the appropriate scope of work.
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
A DSOA-approved auditor is an auditor who meets the applicable approval requirements established by the relevant authority. Companies should confirm the current approval criteria and auditor eligibility before making an appointment.
An audit provides an independent examination of a company’s financial statements and supporting records. It can help assess the reliability of reported financial information and support financial reporting responsibilities. Businesses should also confirm any audit obligations that apply to their DSO registration.
Audit and financial statement submission requirements depend on the applicable rules and the circumstances of the company. Confirm the current requirements with the relevant authority or a qualified professional adviser.
Please contact ARCA Auditors to confirm its current DSOA approval status and eligibility to undertake the audit required for your company. Approval should be verified before the appointment is finalised.
Commonly requested documents include the trial balance, general ledger, financial statements, bank statements, invoices and supporting schedules. The appointed auditor will confirm the checklist applicable to your business.
The applicable financial reporting framework depends on the company’s circumstances and relevant requirements. International Financial Reporting Standards (IFRS) may be relevant to the preparation of financial statements. Confirm the appropriate framework with your auditor.
Businesses should plan the audit early enough to prepare their financial records, respond to audit queries and meet the applicable submission deadline. Confirm the current deadline for your company with the relevant authority.
Audit fees can vary depending on transaction volume, business activity, the quality of accounting records, the complexity of the engagement and the scope of work. Contact our team to discuss your requirements and request a quotation.
ARCA Auditors, now part of Horizon Biz Consultancy, can discuss accounting, bookkeeping, financial reporting and tax-related support based on your business needs and the services available for your engagement.
Use the enquiry form on this page or contact our team through the business contact details listed below. Share your company details, financial year-end and the audit assistance you need so the enquiry can be directed appropriately.
Need help understanding your Dubai Silicon Oasis audit requirements? Contact ARCA Auditors, now part of Horizon Biz Consultancy, to discuss your company’s financial reporting needs, audit preparation and the next steps for your business.