Audit Firm
A highly specialized audit firm in Maisoft, Middle East
In order to comply with Middle East legislation, companies can be obligated to have a statutory audit of the year-end figures performed by a licensed audit firm. A financial audit is mandatory when at least two out of the following three criteria are met (for two consecutive years):
- The value of assets exceeds 6 million AED
- The net turnover is in excess of 12 million AED
- The company has over 50 employees
How we work
Acquaintance
Understanding
Your audit
Why an audit?
Financial audits are highly complicated and regulations are frequently subject to change. Our specialists are continuously trained and have up to date knowledge on all areas at all times.
International Auditors
Auditing international businesses & joint ventures
Cultural Awareness
Understanding your business need in a globalised world
Quality Standards
AFM license, member of NBA and SRA
Communication
Direct links between partners and stakeholders
Trusted audit firm for international companies
As a renowned audit firm in The Middle East we are familiar with statutory audits for international companies. When banks, investors, local authorities or other stakeholders require an audit, we will perform a thorough audit that offers maximum assurance. Some situations, for example a legal merger, require an auditor’s opinion, often requested by insurance companies.
We specialize in helping international companies comply to UAE law and regulations in regard to audits. In fact, Maisoft is the only audit company in Middle East who specializes in helping and supporting international companies who have the majority of their operations outside The Middle East.
Even when the criteria for mandatory audits are not met, stakeholders can request or require financial audits. Whether mandatory or voluntarily, you want to trust in an experienced, reliable partner. Over the years we have made a name for ourselves and established valuable, long-term relationships. For many clients we have become their trusted audit firm in The Middle East.
Financial audits are highly complicated and regulations are frequently subject to change. Our specialists are continuously trained and have up to date knowledge on all areas at all times. Our auditors are able to fully integrate into any type of organization. Even though we work independently, they are always able to work together with any stakeholder, while maintaining their integrity.
Extensive knowledge of all holding structures
The legal system and tax climate make The Middle East an attractive country for international companies to establish their holding. This means, however, that any international company based or active in The Middle East must comply to both international and national law and legislations. We have extensive knowledge of all holding structures and can make sure financial administration is in full compliance. As an expert in any type of firm we can offer much more than a yearly audit.
We understand the needs of international oriented companies and can help them grow. We act as a group auditor, but are the only audit company in The Netherlands that offers service in areas such as risk management, compliance and much more. We speak your language, we understand your challenges and we are here to guide you through them.
Assurance
Other, non-audit engagements that can be performed by an auditor are regulated as well. Example of such services are related to:
- Audit of condensed financial statements (NV COS 810)
- Audit engagement of historical financial overviews (NV COS 2400)
- Review of Interim Financial Information Performed by the Independent Auditor of the Entity (NV COS 2410)
- Assurance reports other than the engagement to audit and performance assurance on historical financial information (NV COS 3000)
- Investigation of future financial information (NV COS 3000), for example in business plans, financial projections and valuations;
- Agreed upon procedures (NV COS 4400)
What can we offer to you?
As a renowned audit company in The Netherlands we are familiar with statutory audits for international companies.
