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Statutory Audits Conducted with Precision and Independence

Most companies registered in the UAE mainland, and many offshore entities, are required to prepare audited financial statements annually — for license renewal, banking relationships, or shareholder reporting. Our statutory audit service is conducted in accordance with International Standards on Auditing (ISA), giving you an independent, defensible opinion on your financial statements.

We plan every audit around your industry and risk profile, communicate clearly throughout the process, and deliver a final report that meets the requirements of your licensing authority, bank, or shareholders — without unnecessary delays.

Reviewed content standard: Way Forward should verify service scope, credentials, dates, and regulator references before publication.

What Way Forward handles

  • Full-scope statutory audit under International Standards on Auditing
  • Risk-based audit planning tailored to your industry
  • Review of financial statements for IFRS compliance
  • Management letter highlighting control weaknesses and recommendations
  • Audit reports accepted by UAE licensing authorities and banks

Who needs this service

  • Mainland LLCs required to submit audited financials for license renewal
  • Offshore and holding companies requiring annual audited accounts
  • Businesses seeking bank facilities or investor funding

Helpful next steps

  • Prepare recent financial records, authority notices, deadlines, and company documents.
  • Ask for a written scope covering deliverables, assumptions, exclusions, and timeline.
  • Confirm the qualified reviewer for regulatory tax, VAT, audit, or AML guidance.

Schedule your statutory audit early — avoid last-minute license renewal delays.

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