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Audit & Assurance

External Audit

The need for reliable and authenticated financial information is gaining more importance and audit & assurance service has become increasingly sought after. At VSP, we take special efforts to provide our clients with deeper insights into their corporate strategies, business processes, financial management and its reports.

We understand the importance of reliable information and we exercise extreme care and caution to ensure the quality and accuracy of the data we vouch and certify.

VSP is committed to provide the most reliable information to all stakeholders like business owners, customers, creditors, banks & other investors, tax authorities/governments alike to evaluate and understand your business activity or to analyze the trend and to device newer strategies’ or for exercising caution and control and to derive a comfort or to gain confidence in dealing with the business or to decide on further investments or to assess the tax to be paid by the business.

We are with our clients always, to support and to enable the right decisions at all times.

VSP is well appreciated and recognized by various stakeholders across the industry for its strict adherence to the local and international rules and the high ethical and moral standards we uphold.

We are audit experts in various verticals and our years of experience and the highly qualified and experienced team with rich and vivid experience provides our clients with additional insights and advices.

We conduct our audit in accordance with auditing standards issued by the International Audit & Assurance Standards Board (IAASB) and express our opinion about the financial statements in accordance with the International Financial Reporting Standards (IFRS).

Our audit report and the financial reporting always follow the latest international best practices and at VSP, it is our way of life to make independent, impartial and fair treatment without hurting our customer business interests.

We are authorised and approved by the various UAE bodies like Department of Economic Development (DED), Dubai Airport Free Zone Authority (DAFZA), Dubai International Financial Centre (DIFC), Jebel Ali Free Zone Authority (JAFZA), RAK Investment Authority (RAKIA), Dubai Silicon Oasis Authority (DSOA), Dubai South, Dubai Multi Commodities Centre (DMCC), Ajman Free Zone (AFZ) and all other major free zones in UAE.

 

Internal Audit

An internal audit provides an independent assurance that, an organization’s risk management, governance and internal control processes are operating effectively and efficiently.

VSP conducts internal audit on organizational governance, risk management, management controls, efficiency of financial management, fraud investigation & establishing the loss and any other audit where the scope of the work falls within our strengths. We conduct a comprehensive analysis of the systems and provide pragmatic suggestions and guaranteed solutions to empower your business to success.

We are committed to provide an unbiased and objective view to the diverse stakeholders. We will work independent from the operations we evaluate and report the same to the highest level in an organization for remedial actions.

In the internal audit activity, the qualified, skilled and experienced team follow the Code of Ethics and Standards. We guarantee the VSP value addition in terms of innovative suggestions and recommendations to foolproof your policies, procedures and strengthen your control measures to add up to your bottom line.