Audit Services in Abu Dhabi
Soft Power Audit & Tax Agency is a certified audit firm in Abu Dhabi providing statutory audits, internal audits and independent assurance for mainland companies, free zone entities, SMEs and established groups across the UAE. Our audits are prepared under International Financial Reporting Standards (IFRS) and accepted by banks, investors, free zone authorities and government tender committees.
Every audit is planned around your licence renewal and Corporate Tax filing dates so that signed financial statements arrive before you need them, not after the deadline has passed.
What is a statutory audit?
A statutory audit is an independent examination of a company’s financial statements by a licensed auditor, carried out to confirm that the accounts give a true and fair view of the business and comply with IFRS and UAE regulatory requirements. The output is a signed audit report and a set of audited financial statements that banks, free zone authorities, investors and the Federal Tax Authority can rely on.
Who needs an audit in the UAE?
Audit requirements in the UAE depend on where your company is licensed and what its constitutional documents say. In practice, most established businesses will need audited accounts at least once a year.
- Recording of sales, purchases, expenses, receipts and payments
- Accounts receivable and accounts payable ledgers with ageing reports
- VAT-compliant record keeping and input tax review
- Monthly management accounts with profit and loss, balance sheet and cash flow
- Bank, credit card and cash reconciliations
- Payroll processing, WPS support and end-of-service accruals
- Fixed asset register and depreciation schedules
- Year-end closing pack prepared for your auditor
Our audit services
We deliver a full assurance range rather than a single template engagement, so the scope matches the risk in your business.
Documents required for a statutory audit
Clean, complete records are the single biggest factor in how quickly an audit closes. Before fieldwork begins we ask for the following.
- Trade licence, Memorandum of Association and shareholder details
- Bank statements and bank reconciliations for every account
- Payroll records and WPS reports
- Filed VAT returns and Corporate Tax records
- Trial balance and general ledger for the financial year
- Sales invoices, purchase invoices and expense support
- Lease agreements, loan agreements and related-party balances
- Fixed asset register and inventory schedules
The audit process, step by step
Planning and risk assessment, where we review your industry, systems and prior-year issues. Fieldwork, where we test balances, verify supporting documents and confirm balances with third parties. Review, where a partner examines conclusions and judgements. Reporting, where we issue draft statements for your comments before the signed audit report is released. Follow-up, where we share a management letter setting out control weaknesses worth fixing before the next cycle.
For a small or medium business with complete records, fieldwork usually takes one to three weeks, with signed financial statements issued shortly after partner review. Incomplete bookkeeping is by far the most common cause of delay, which is why many clients pair the audit with our bookkeeping or accounting supervision service.
Why businesses across the UAE choose Soft Power for audit and assurance
Since 2017, Soft Power Audit & Tax Agency has supported SMEs, startups, free zone companies, contractors, retailers, manufacturers, healthcare providers and professional firms across Abu Dhabi, Musaffah, Khalifa City, Yas Island, Al Ain, Dubai, Sharjah, Ajman and Ras Al Khaimah. Every engagement is handled by one dedicated consultant and reviewed by a partner before it is released.
Our fees are agreed in writing before work begins, our queries are answered the same business day, and our advice is grounded in the regulations published by the UAE Federal Tax Authority and the UAE Ministry of Finance.
- FTA Authorized Tax Agent and certified audit firm
- IFRS-compliant financial reporting
- Confidential client handling and secure document exchange
- Registered liquidator for company closures
- Transparent, fixed-scope pricing with no hourly surprises
Related services
UAE tax rules referenced on this page are issued by the Federal Tax Authority and the UAE Ministry of Finance.
Helpful resources
Latest insights
Corporate Tax Guide UAE
Registration, taxable income, reliefs and the nine-month filing deadline explained for UAE businesses.
VAT Registration Checklist
Thresholds, documents and timelines for mandatory and voluntary VAT registration with the FTA.
Bookkeeping Best Practices
Monthly closing routines that keep UAE businesses audit-ready and VAT-accurate all year.
Audit Preparation Checklist
Every document your auditor will request, and how to have it ready before fieldwork begins.
ICV Documentation Guide
What ADNOC and government tender committees expect in your ICV submission file.
Key deadlines to plan around
Corporate Tax
Return due within 9 months after financial year-end.
VAT
Quarterly filing based on your assigned FTA period.
Statutory Audit
Complete before free zone licence renewal.
ICV
Annual renewal for ADNOC and government suppliers.
Content reviewed by
Soft Power Audit & Tax Agency
FTA Authorized Tax Agent · Certified Auditors · Registered Liquidator · Abu Dhabi, UAE. Reviewed and updated regularly to reflect current UAE Corporate Tax and VAT regulations issued by the Federal Tax Authority.