An external audit doesn’t have to be stressful—if your business is well-prepared. Avoiding red flags before auditors arrive can ensure a smooth, efficient process and a clean audit report.
Common red flags include incomplete documentation, unclear financial records, poor internal controls, and inconsistent accounting practices. These not only delay the audit but can also lead to qualification or adverse opinions.
At Strategists Consultant, we guide UAE businesses in getting audit-ready. Our pre-audit services include reviewing financial records, reconciling balances, testing internal controls, and identifying issues that could raise auditor concerns.
We recommend keeping the following in check:
- Timely and accurate financial closings
- Properly maintained supporting documents
- Segregation of duties in key processes
- Up-to-date fixed asset and inventory registers
- Compliance with VAT and corporate tax regulations
Preparing for an audit is about more than being compliant—it’s about showing you run a responsible, well-governed organization. With our expertise, your external audit becomes an opportunity to reinforce stakeholder trust.