External audit & Internal audit
Reliable financial information. Better-managed risks. More informed decisions.
Sentinel Auditing supports established businesses in the United Arab Emirates — Mainland, Free Zones, and offshore structures — with audit, assurance, and financial analysis engagements tailored to their obligations and growth objectives.
Our financial statement audits are conducted in accordance with the International Standards on Auditing (ISA) and the applicable accounting framework, including IFRS. Each engagement takes into account regulatory requirements, the agreed scope, and professional independence rules.
Our services
01 — Annual financial statement audit — mandatory or voluntary
We conduct independent audits of financial statements to express an opinion on their compliance with the applicable accounting framework. These engagements may be required by regulations or meet the needs of shareholders, investors, banks, and business partners.
Depending on the applicable requirements and the nature of the engagement, we also examine the audit needs for aggregated financial statements prepared for the specific use of tax groups (Tax Groups).
02 — Free Zone audit for license renewals & QFZP requirements
We support businesses established in the UAE Free Zones with their annual financial audits, including audits required for license renewals and applicable regulatory and tax obligations.
Our services also cover the audit needs of Qualifying Free Zone Persons (QFZP), for whom audited financial statements are a requirement under the applicable tax regime.
We ensure that audit reports comply with professional standards and are tailored to the requirements of the relevant authority, subject to its acceptance criteria.
03 — Internal audit & internal control assessment
We assess financial and operational processes, governance, risks, and the effectiveness of internal controls. Our work aims to identify vulnerabilities and make practical recommendations to strengthen the reliability of operations. These engagements are subject to applicable independence rules, particularly when an external audit is also being considered.
04 — Limited Examinations & Agreed-Upon Procedures (AUP)
We carry out targeted engagements on financial information or topics defined with the client. L’limited review provides limited assurance under the applicable standards. Agreed-upon procedures (AUP) result in a report of factual findings, without an audit opinion or assurance conclusion.
05 — Financial due diligence & transaction support
We support acquisition, investment, divestment, and restructuring projects with financial analyses tailored to the transaction’s objectives. These analyses may include earnings quality, cash flow, commitments, intercompany balances, and the main financial risks identified.
06 — Business Health Check & audit preparation
Our Business Health Check is a focused assessment of the consistency and quality of financial information. It covers, in particular, bank and tax reconciliations, insufficiently substantiated balances, sensitive accounting treatments, related-party transactions, intercompany balances, and weaknesses in financial controls. We identify areas of concern and priority actions to better prepare a business for an audit, a tax review, or a financing request. This assessment does not constitute an audit of the financial statements and does not provide an audit opinion.
Our approach
We begin by understanding your business, the objectives of the engagement, and the applicable requirements. We then define the work to be carried out, the necessary documents, the projected schedule, and the fees before starting the engagement.
Let's talk about what you need.
Do you need an annual audit, a report for a Free Zone, a financial analysis, or a preliminary assessment? Contact Sentinel Auditing to identify the engagement best suited to your situation.
