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Concurrent Audit

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About Us

Alliance CA stands at the forefront of providing exemplary Concurrent Audit Services in Dubai, focusing on real-time examination of financial transactions as they occur. Our role is pivotal in integrating into banks' and businesses' early warning systems, aiming to promptly identify any irregularities or breaches, thus safeguarding financial integrity.

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Concurrent Audit Service 

Concurrent audit service constitutes a continual examination of the financial transactions performed in order to determine whether the corporate regulatory systems are operating successfully and, at the same time, to identify areas in which improvements may be made to increase productivity. The focus of concurrent auditing continues to be on performing relevant examinations of transactions rather than performing test checks of such transactions. In order to cut down on the amount of time that elapses between the execution of transactions, the notion of the concurrent audit was developed.

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Why Choose

Alliance CA

Alliance CA is a specialist in concurrent audit service, and they have done work for a number of banks and other types of financial entities. Our customers receive the benefits of concurrent auditings, such as high precision, validity, direct monitoring, and adherence to procedures as well as guidelines, as a result of having a methodical and prompt investigation of financial transactions with sizable verification on a constant basis and/or at the time that the event is occurring.

  • What are the audit requirements in Dubai, UAE?
    UAE Commercial Companies LAW / Federal Law No. 2 of 2015 requires all organizations operating within the United Arab Emirates to hire UAE-approved chartered accounting firms that are registered with and have been issued licenses from the Ministry of Economy for auditing their accounts. Furthermore, professional Auditing companies in Dubai are essential for organizations to ensure that their business complies with the laws, rules, and regulations, and the accounting standards applicable in the UAE.
  • Is Auditing Mandatory in Dubai?
    Yes, following the UAE Commercial Companies LAW / Federal Law No. 2 of 2015 all organizations operating within the United Arab Emirates are required to hire UAE-approved chartered accounting firms that are registered with and have been issued licenses from the Ministry of Economy for auditing their accounts.
  • What are the risks involved with auditing companies in the UAE?
    Auditing firms in the UAE have to be careful of the risks and probabilities of Substantial Misrepresentation while conducting audits.
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