Alyah Audit is a Dubai-based audit and assurance firm offering a range of professional services to businesses in various industries. Although I don’t have the exact details of their service offerings, typical services provided by audit and assurance firms like Alyah Audit would generally include the following:
1. External Audit
- Financial Statement Audits: Alyah Audit would provide independent audits of financial statements to ensure they are accurate and comply with local and international standards (e.g., IFRS, UAE regulations).
- Audit Opinions: Providing an opinion on whether financial statements give a true and fair view of a company’s financial position.
2. Internal Audit
- Internal Controls Assessment: Reviewing a company’s internal control systems and identifying weaknesses or inefficiencies.
- Risk Management: Helping businesses manage risks by assessing potential financial, operational, and compliance risks.
- Process Improvement: Advising clients on how to streamline operations and enhance efficiency in business processes.
3. Tax and Compliance Services
- VAT Compliance: Ensuring that businesses comply with the UAE’s VAT laws, including registration, filing returns, and tax advisory.
- Corporate Tax Services: Assisting businesses with tax planning, filing tax returns, and navigating local tax laws, especially with the introduction of Corporate Tax in the UAE.
- Tax Audits: Helping businesses prepare for and manage tax audits by the UAE tax authorities.
4. Forensic Audits
- Fraud Investigations: Identifying and investigating cases of fraud, financial misconduct, or asset misappropriation.
- Litigation Support: Providing forensic evidence to support legal proceedings and disputes.
5. Due Diligence and Transaction Support
- Mergers & Acquisitions: Conducting financial due diligence for companies involved in mergers or acquisitions.
- Valuations: Providing business valuations for investment, mergers, or financial reporting purposes.
- Transaction Structuring: Advising on the structure of transactions to minimize risks and optimize tax efficiency.
6. Management Consulting & Advisory
- Business Strategy: Offering advisory on growth strategies, financial planning, and operational efficiency.
- Governance & Compliance: Advising on corporate governance best practices and regulatory compliance in the UAE.
7. Sustainability & ESG Assurance
- Environmental, Social, and Governance (ESG) Reporting: Helping companies prepare and audit their ESG reports to meet global standards and attract investors focused on sustainability.
8. Other Assurance Services
- Agreed-upon Procedures (AUP): Providing assurance services where specific procedures are agreed upon by the client and the auditor (e.g., verifying a particular financial statement item).
- Risk Assurance: Offering risk management solutions, including financial risk assessments and IT system audits.
9. Startup & SME Support
- Financial Planning: Offering specialized services to startups and SMEs for financial forecasting, budgeting, and internal controls.
- Business Incorporation: Assisting businesses with company setup, registration, and compliance with local regulations in Dubai and the broader UAE.
These services are tailored to businesses of all sizes and industries, from small startups to large corporations. For specific details about the services offered by Alyah Audit, it would be best to contact them directly or visit their website, as their exact offerings might vary based on their expertise and market needs.