We provide audit and assurance services by validating the financial statements of our clients in compliance with International Financial Reporting Standards [IFRS], International Accounting Standards [IAS], UK GAAP, US GAAP and other local laws and ordinances i.e. UK Companies ordinance, UAE Federal Law 8 and amendments etc and issuing an audit opinion.
Our audit approach, at the leading edge of best practice, is tailored to suit the size and nature of your organisation and draws upon our extensive industry knowledge. Our deep understanding of regulation and legislation means we can also help with complex reporting issues involving Sarbanes-Oxley and International Financial Reporting Standards (IFRS).
Additionally, we provide non-financial performance reporting to help our clients respond to the need for greater transparency, improved corporate governance, and business models based on the principles of sustainability.
Additional standards and guidance on the responsibilities of our firm personnel regarding quality control procedures for all our audit engagements are part of our sole which are set out in the pronouncements of the International Auditing and Assurance Standards Board (IAASB). ISA 220, “Quality Control for Audit of Historical Financial Information,” for example, establishes standards and provides guidance on quality control procedures for audits of historical financial information.
Our firm establish a system of quality control designed to provide it with reasonable assurance that our firm and our personnel comply with professional standards and regulatory and legal requirements, and that reports issued by the firm or engagement partners are appropriate in the circumstances.
A system of quality control consists of policies designed to achieve the objectives set out in professional standards and regulatory and legal requirements and the procedures necessary to implement and monitor compliance with those policies.
Suhaila & Associates is committed to providing outstanding second-to-none service levels to customers and to maintaining quality, perfection and professional standards at the highest possible levels. We ascertain and employ highly qualified professional staff and a dynamic working environment.
We follow All International Standards on Accounting and are committed to keep the highest levels of professional standards and quality.
All the partners are well qualified and have more than 20 years of international experience including in the top auditing firms. We organize seminars and training for our staff ocassionally to upgrade and enhance their skills in the field.