External Audit Services

Legacy in Every Line. Trust in Every Number.

MGI SRCA provide external audit services for companies in the UAE and express their opinion on financial statements prepared by an organization. The external audit is also known as a statutory audit.

MGI SRCA has a team of highly qualified and experienced external auditors who have served large number of companies in the UAE operating in different industries like manufacturing, trading , services, construction , hospitability etc. We know how to customize audit methodologies depending on the regulatory requirements and the client environment.

Our firm has earned an excellent reputation due to our unbiased opinion and extreme dedication. We are objective and independent in our approach while providing significant value to our audit and assurance clients.

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What is the Statutory Audit/External Audit?

An External or Statutory audit is an independent examination of the financial reports of an organisation to develop an opinion on whether the information presented in these statements accurately reflect the financial position of the company as of a particular date. The financial report would generally include:
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Other Statements and Notes

Objectives of External Audit Services

The primary purpose of conducting external Audit Services is to ascertain whether the financial statements provided by the company are ‘true and fair’.

Our external audit services ensure that the financial statements presented are complete in all material aspects and comply with the financial reporting framework. Auditors critically examine the accounting records and internal controls and apply auditing procedures to satisfy themselves regarding the correctness and accuracy thereof.

Why Choose MGI SRCA for Your External Audit Services in UAE?

  • Compliance of Statutory Requirements.
  • Independent opinion.
  • Validation of Internal Control Framework.
  • Strengthening of the Internal Control System.
  • Rectification of errors.
  • Reduce the chances of fraud.
  • Earn Credibility.
  • Ease in obtaining Bank Finance Facility.