Audit & Assurance Services

In an ever-evolving economic and regulatory environment, confidence in financial reporting is essential. At JV Thomson Chartered Accountants, we are dedicated to providing audit services that ensure the accuracy, transparency, and reliability of your financial information. Our team brings extensive expertise across industries in the UAE, Bahrain, Oman, and India, delivering audits of the highest quality that inspire trust in financial statements.

With regulatory requirements becoming more stringent and stakeholders demanding greater transparency, we recognize that audit and assurance services are crucial to every organization’s success. In the UAE, companies are required to conduct audits in line with International Standards on Auditing (ISA), with accounts prepared under International Financial Reporting Standards (IFRS). For many entities, annual audits are mandatory by law.

Statutory audits are typically required by shareholders, government bodies for taxation purposes, and financial institutions as part of financing agreements. The statutory auditor’s primary role is to conduct an independent evaluation of a company’s financial statements, providing an opinion on whether the statements accurately reflect the company’s financial health. Our audit process focuses on assessing internal controls, identifying potential risks, and ensuring that financial accounts are prepared in accordance with the intended standards.

While some businesses may not be legally obligated to undergo an audit, it is often commercially beneficial to do so. An audit can help improve a company’s credibility, especially when seeking finance, negotiating with insurers or suppliers, or preparing for a sale. Most importantly, it assures business owners that their financial results are accurate and that strong internal controls are in place.

At JV Thomson Chartered Accountants, we work closely with our clients to fulfill statutory requirements and file audited accounts on time. Our approach is aligned with both national and international standards, ensuring consistency and high-quality results. Our staff undergo regular training to stay up-to-date with the latest standards and regulatory changes.

The hallmark of our audit process is effective communication. We pride ourselves on the technical competence of our team, who possess the expertise necessary to provide actionable insights and make informed accounting decisions that contribute to your long-term success.