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Home›Services›Audit Services›Statutory Audit Services
STATUTORY AUDIT SERVICES UAE

Statutory Audit Services UAE | Mandatory Audit Reports for UAE Companies

NUF Chartered Accountants performs statutory audits for UAE companies that require audited financial statements for licensing, free zone compliance, shareholder reporting, banking, regulatory filings or renewal purposes. Our auditors examine financial records and issue statutory audit reports in accordance with International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and applicable UAE laws and regulations.

Mandatory Statutory Audit
Audited Financial Statements
License Renewal Audit Reports
IAS & IFRS Compliance Review
Authority Filing Requirements
Independent Statutory Auditor Report
Request Statutory Audit QuoteWhatsApp Our Team

Book a Statutory Audit Consultation

Share your company jurisdiction, license type and reporting deadline so our audit team can guide you on the statutory audit requirement.

Your information is secure and confidential.

Licensed Statutory Auditors
UAE Compliance Focused
Deadline-Oriented Reporting
Direct Audit Firm Support

Our Statutory Audit Services

Mandatory Statutory Audit

Statutory audits for companies required to submit audited financial statements under UAE, free zone or licensing obligations.

Audited Financial Statements

Audit of annual financial statements prepared in accordance with IAS, IFRS and applicable reporting requirements.

License Renewal Audit Reports

Audit reports prepared for businesses that need audited accounts for license renewal or authority submission.

Statutory Compliance Review

Review of audit-related compliance matters required by company law, free zone rules or regulatory authorities.

Shareholder & Board Reporting

Independent audit reporting that supports shareholder, board, lender and investor requirements.

Audit Evidence & Testing

Risk-based statutory audit procedures covering records, transactions, balances and supporting evidence.

Statutory Audit Service Packages

Basic Statutory Audit

Ideal for low-volume companies

AED 2,500

Starting From

  • Statutory audit engagement
  • Annual financial statement audit
  • Basic IAS & IFRS compliance checks
  • Review of key statutory audit documents
  • Independent statutory audit report
Get Started
Most Popular

Standard Statutory Audit

Ideal for active SMEs & free zone companies

AED 5,000

Starting From

  • Complete statutory audit engagement
  • IAS & IFRS financial statement audit
  • Authority submission requirement review
  • Management discussion on audit matters
  • Signed statutory auditor report
Talk to Our Audit Team

Complex Statutory Audit

Ideal for regulated, group & complex entities

Custom Pricing
  • Partner-led statutory audit engagement
  • Complex statutory reporting review
  • Group or multi-entity audit procedures
  • Regulatory or shareholder reporting focus
  • Independent audit opinion and statutory report
Request Custom Quote

ⓘ Statutory audit fees depend on company jurisdiction, licensing authority, reporting deadline, transaction volume, accounting record quality, audit evidence availability and statutory reporting scope.

Statutory Audit Requirements

Documents Commonly Required

Audited Financial Statements

General Ledger

Trial Balance

Bank Reconciliations

Accounts Receivable Aging

Accounts Payable Aging

Fixed Asset Register

VAT Returns (if Applicable)

Supporting Schedules

Company License & Documents

Audit Deadlines & Compliance

Annual Financial Statements

Statutory audit may be required for annual financial statements under licensing, free zone, shareholder or authority rules.

Regulatory Compliance

Meet statutory audit obligations linked to company law, license renewal and relevant UAE authority requirements.

Timely Submission

Complete statutory audit reports before renewal, filing or shareholder reporting deadlines where applicable.

Avoid Penalties

Late or missing statutory audit reports may cause renewal delays, authority queries, penalties or compliance restrictions.

Common Challenges Faced by Companies

Late Audit Requirement Identification

Companies often realize statutory audit is required close to license renewal or reporting deadlines.

Incomplete Closing Records

Open balances, missing schedules and unfinalized accounts can delay statutory audit completion.

Missing Audit Evidence

Unavailable invoices, contracts, bank confirmations or supporting documents may require additional audit procedures.

IAS & IFRS Reporting Gaps

Financial statements that do not follow IAS or IFRS requirements may require audit adjustments and management review.

Authority Deadline Pressure

License renewal, banking, shareholder or regulator deadlines may create pressure if the audit starts late.

Our Statutory Audit Process

1

Requirement Review

We identify the statutory audit requirement based on your jurisdiction, license conditions and reporting deadline.

2

Engagement & Audit Planning

We define the audit scope, materiality, reporting framework and statutory audit timetable.

3

Records & Evidence Testing

We examine accounting records, balances, transactions and supporting evidence required for statutory reporting.

4

IAS, IFRS & UAE Law Review

We assess financial statement presentation against IAS, IFRS and applicable UAE legal or regulatory requirements.

5

Statutory Audit Report

We issue the statutory auditor report after completing audit procedures and management review matters.

Frequently Asked Questions About Statutory Audit Services

Statutory audit is an audit required by law, licensing conditions, free zone rules, shareholders, lenders or regulatory authorities to verify annual financial statements and issue an independent audit report.

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Need A Statutory Audit Report In UAE?

NUF Chartered Accountants performs statutory audits for UAE mainland and free zone companies that require audited financial statements for compliance, renewal, shareholder or regulatory purposes.

  • Mandatory Audit Reports
  • IAS & IFRS Statutory Review
  • Authority Filing Focus
  • Confidential Audit Engagements

Prefer WhatsApp?

Connect directly with our audit team to discuss your statutory audit deadline and reporting requirements.

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