Audit & Assurance forms the centre of our services. The role of Audit firms in the present business environment is growing in stature. With business processes becoming more and more sophisticated, the need of the hour is to develop competencies which can provide the business community with the assurances it needs on its business operations. Understanding the client’s business is key, which we at EVAS International have adopted to ensure to meet our client’s expectations.
The types of entities we cover include:
- Audit of private companies, sole establishments, and Partnership firms.
- Audit of educational institutions, medical centers, trust, non-profit organizations etc.
- Audit of free zone entities
- Audit of cross-border entities
We are listed with all the major Free Zones in UAE including the Dubai Multi Commodities Centre, Dubai International Financial Centre, Dubai Silicon Oasis, Jebel Ali Free Zone, Dubai Word Central etc. Sharjah Airport International Free Zone, Ras Al Khaimah Free Trade Zone, Hamriyah Free Zone. We also provide audit services for main land companies, companies registered in the various Emirates of the UAE.
The audits are performed in accordance with International Standards on Auditing and reports are issued on the financial statements of the Clients that are prepared under International Financial Reporting Standards.
We are also listed as ‘Approved Auditors’ with all the major banks in the UAE.
We perform non-statutory audits for reviewing and verifying an organization’s procedures, internal controls, management reports on financial matters etc. Audit reports issued by us are well received by banks and financial institutions and lend credibility to the clients financial reports. Our internal audit reports also provide the management with the required assurance about their financial reporting processes. This type of audits assists the organizations in performance improvements and act as an independent check on the control systems for the benefit of the stakeholders.
Attestation procedures involve providing a report on a specific subject or a declaration about a subject matter which is the responsibility of another party. The Client is usually not dependent on the person making the declaration or issuing the report. Attestation can be in the form of certifications, review reports, audits, compilations, agreed upon procedures, and so on.
Forensic Audit and Fraud Detection
Forensic tests are conducted to identify, collect and analyze information on financial matters in order to reconstruct the financial activities. We work deeply with the clients and their legal counsel to minimize organizational losses and increase the ROI. We offer consultancy services in areas like fund and assets appropriation, embezzlement, employee theft, insurance fraud, errors in financial records, schemes on investment, securities fraud for various organizations like non-profit and corporate organizations, legal counsel and small businesses and have an expert team to perform such operations.