Auditing Process in DMCC Free Zone
The DMCC Free Zone has laid out certain regulations as per which companies and company officials are required to cooperate with the DMCC approved auditors. Companies are prohibited from providing a false, misleading or deceptive statement to the auditor. Companies are not allowed to omit certain information and destroy or conceal documents from auditors.
Why choose Jitendra Chartered Accountants?
The Dubai Multi Commodities Centre Freezone has a strict guideline regarding the auditing process of the member companies. The DMCC from time to time prepares a list of DMCC approved auditors to strictly adhere to regulations and International Financial Reporting Standards (IFRS). Jitendra Chartered Accountants is one of the leading auditing firms in Dubai, UAE that is registered with DMCC as approved auditors list.
Our expert team of auditors will analyse your DMCC Free Zone Company’s accounts and verify financial statements with the aid of supporting documents. Our DMCC approved auditors will help you identify the risk involved in the business operations. Being a leading auditing firm, we offer the services of our experienced chartered accountants to improve and add value to your company’s corporate governance practices.
Requirement from DMCC Approved Auditors to Conduct the Financial Audit
In order to carry out the audit and assurance process, the auditors may ask DMCC companies to provide the documents that correspond to the relevant period and facilitates the auditor’s job to draw an opinion on the financial position, to analysis financial statements at the year end and to comply with DMCC authority regulations.
- Bank statements
- Credit/debit confirmation slips for all financial transactions
- Copies of bills and invoices
- Statement of deposits from the DMCC portal
- Memorandum of Association (MoA)Articles of Association (AoA)
- Latest trade license
- Registration Details for VAT and excise tax