Audit and Assurance Related Services in Dubai and the UAE
Maintaining robust internal controls and clear record readiness is essential for businesses operating across the UAE, the wider GCC, and South Asia. Beyond routine bookkeeping, management teams require independent internal assurance to verify asset valuations, validate stock counts, and review financial ledgers before presenting them to stakeholders or regulators.
We deliver structured support, readiness, and internal assurance services to strengthen your financial operations. Our team conducts physical stock audits, manages period-end accounting closes, and reconciles complex accounts. We organise your financial schedules and coordinate directly with your appointed auditor, providing the clear preparatory groundwork required for a smooth annual review.
What we do in this area
Stock audit
We perform independent physical inventory counts and reconciliation against your stock registers. Our team verifies physical quantities, identifies damaged or obsolete inventory, and reconciles variances to improve inventory controls and support accurate balance sheet reporting.
Accounting close & period-end support
We manage your monthly, quarterly, and annual accounting close procedures to prepare your ledgers for review. Our consultants review journal entries, calculate accruals, reconcile balance sheet accounts, and compile trial balances to support timely management reporting.
Accounts reconciliation & review
We conduct thorough reviews and reconciliations of complex general ledger accounts, intercompany balances, and clearing accounts. Our team identifies accounting mismatches, resolves historical variances, and builds clear transaction trails so that your financial records remain accurate and verifiable.
Internal audit
We evaluate your internal control frameworks, risk management procedures, and operational workflows. Our team identifies control gaps, assesses compliance with corporate policies, and provides practical recommendations to strengthen governance across your operational units.
Full pageAnti-Money Laundering (AML) compliance
We evaluate your business exposure to financial crime risks and assist in establishing structured internal controls. Our consultants prepare Anti-Money Laundering frameworks, conduct risk assessments, and organise customer due diligence processes to meet UAE regulatory standards.
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Stock audit
Physical inventory often represents a significant portion of a company's working capital, making accurate stock records vital for operational management and financial reporting. A stock audit is an independent physical verification of inventory held in warehouses, retail outlets, or production facilities. Businesses require stock audits periodically to verify physical count accuracy, detect inventory shrinkage, and identify slow-moving or damaged goods.
We perform structured physical counts, matching counted units against your inventory management software and general ledgers. Our consultants analyse unit costings, evaluate stock valuation methods, and investigate raw material and finished goods variances.
KSB delivers a detailed stock audit report outlining physical count results, setting out ledger variances, and proposing improvements to inventory management procedures, providing clear documentation to support your year-end balance sheet valuation.
Accounting close & period-end support
Finalising accounting ledgers at the end of a financial period requires systematic procedures to verify that all revenue, expenses, assets, and liabilities are recognised correctly. The period-end close process involves making necessary adjusting entries, calculating depreciation, reconciling trial balances, and compiling supporting working papers. Businesses need dedicated close support when facing tight reporting deadlines or when internal finance teams require technical assistance to manage complex adjustments.
We oversee your accounting close process from start to finish. Our consultants review general ledgers, prepare prepayments and accruals schedules, and reconcile balance sheet accounts against supporting schedules.
KSB compiles a comprehensive period-end package, providing organised trial balances and working papers that streamline internal review and simplify coordination with your appointed auditor.
Accounts reconciliation & review
Unresolved variances in ledger accounts, intercompany balances, or clearing accounts can distort financial statements and complicate annual reviews. Accounts reconciliation and review involves examining general ledger accounts item by item, matching transaction records against external statements, supplier contracts, or subsidiary ledgers to resolve discrepancies. Companies require this service when preparing for corporate restructuring, resolving historical ledger errors, or preparing for an annual review.
We systematically analyse your complex accounts, including supplier ledgers, customer balances, intercompany accounts, and suspense entries. Our consultants trace unmatched items, identify duplicate entries, and calculate necessary adjustments.
KSB constructs detailed reconciliation schedules and transaction trails, helping your finance department maintain clear, accurate ledgers that stand up to internal and independent scrutiny.
Frequently asked questions
What is the difference between an internal audit and the annual audit signed by a registered auditor?
An internal audit is an operational management function that evaluates internal controls, risk management, and operational efficiency to help leadership improve governance. The annual audit signed by a registered auditor is an independent examination of financial statements to provide a formal professional opinion on whether those accounts present a true and fair view to external stakeholders.
Does KSB carry out annual audits of financial statements or sign an audit opinion?
No. KSB does not carry out audits of financial statements and does not sign audit opinions. We provide support, readiness, and internal assurance services. Our team prepares your accounting ledgers, conducts stock audits, manages period-end closes, and coordinates directly with your appointed auditor during their annual review.
Why is a physical stock audit necessary if we use inventory tracking software?
Inventory software tracks theoretical stock movements based on system entries, but it cannot account for unrecorded damage, theft, shipping errors, or manual input mistakes. A physical stock audit verifies actual inventory on hand, allowing your business to reconcile system records with physical reality and adjust balance sheet valuations accurately.
How does KSB assist our business during the annual review by our appointed auditor?
We prepare your accounting ledgers, balance sheet reconciliations, and supporting lead schedules before the review begins. During the review, our team acts as a technical liaison, coordinating directly with your appointed auditor to answer inquiries, provide requested transaction samples, and explain accounting treatments to keep the review progressing efficiently.