Auditing is one of the most critical aspects of doing business locally and internationally. An audit lets you know you’re dealing with a reputable company and lets potential shareholders or partners know you’re a worthy partner.
The UAE is known as one of the most famous business centers in the world, where people exchange services and products. Participants worldwide found it a suitable, comfortable, and profitable workplace, as financial regulations in the UAE are strictly regulated, providing equal opportunities to all members.
One of the basic legal requirements is that companies in the UAE must be audited and maintain strong financial controls. To meet this need, Dubai offers a wide range of accredited audit firms, and choosing a partner based on “brand recognition” is a common strategy – but often the wrong one.
Let’s have a look at the top accounting and auditing firms in Dubai:
List of Big Accounting & Audit Firms in Dubai, UAE
Your task is to choose an audit firm in Dubai that significantly impacts your business – and make sure your money is managed correctly – because this can make or break your business. Hiring a reliable, qualified, and reputable audit firm is one of the finest ways to protect and boost your business. Have a look at our list of best accounting firms in Dubai, UAE.
Deloitte
Deloitte is a leading global audit and consulting firm providing financial consulting, risk consulting, tax, and other related services. Four of five Fortune Global 500 companies are served by its global network of member firms and associated entities (collectively “Deloitte”) in more than 150 countries.
Deloitte is one of the most renowned experienced services accounting firms in Dubai, UAE specializing in audit, tax, consulting, risk advisory/financial advisory services. Finance, consumer, communications, media and technology, energy resources and industries, and government and public services are just some industries it serves.
Moreover, Deloitte’s global network of audit specialists provides various audit and advisory services to help clients achieve their business objectives, manage risk and improve performance anywhere in the world. As a result, Deloitte’s audit professionals can deliver the assurance of service quality and excellence built into the Deloitte brand that regulators and the public have come to expect from its cutting-edge tools.
Address: Building 1, DIFC, Al Fattan Currency House, Dubai, United Arab Emirates
Tel: +971 4506 4700
PricewaterhouseCoopers
PricewaterhouseCoopers is a global services accounting/audit firm headquartered in London, United Kingdom. Additionally, it is the world’s largest professional services firm by revenue and a member of the “Big Four” accounting firms. Moreover, it has 175,000 people and offices in 757 cities in 154 countries. Plus, Coopers & Lybrand and Price Waterhouse merged in 1998 to become Price Waterhouse Coopers & Lybrand. The brand name was shortened to PwC in September 2010 as part of an effective rebranding exercise.
Moreover, PricewaterhouseCoopers International Limited (PwCIL) is a brand name that encompasses several PricewaterhouseCoopers companies. PriceWaterhouseCoopers was formed in 1998 from the merger of two companies, Price Waterhouse and Coopers & Lybrand, established in the early 1800s. However, it is headquartered in London, UK.
PriceWaterhouseCoopers is known for its excellence in corporate financial accounting, including auditing, tax analysis, business compliance, corporate finance, risk management, security, and other services updated by the financial industry. In addition, PriceWaterhouseCoopers adheres to a Code of Conduct in its global offices, ensuring compliance with all company rules and regulations.
Address: Emaar Square, Building 5 Floor, 1 Sheikh Mohammed Bin Rashid Street – Dubai – United Arab Emirates
Tel: +971 4304 3100
KPMG
Next on the list is KPMG, a global accounting and auditing firm focusing on three practice areas: auditing, consulting, and taxation. KPMG represents Piet Klynveld, William Barclay Peat, James Marwick, and Reinhard Goerdeler, the four founding members of the firm and its member companies. With the merger of Peat Marwick International and KMG in 1987, the present company KPMG (Klynveld Main Goerdeler), was born. KPMG currently operates in 155 countries. However, it is headquartered in Amstelveen, the Netherlands, and employs approximately 227,000 people worldwide.
KPMG’s revenue has grown steadily over the past decade, reaching $29.2 billion in 2020. EMEA has been the highest revenue region for the company, with 2020 revenue of just under $13 billion. In addition, KPMG in the Americas and Asia Pacific.
After Deloitte, EY, and PwC, KPMG is one of the world’s four biggest auditing and accounting firms in Dubai, UAE. Known as the Big Four, these companies collectively generated more than $157 billion in global revenue in 2020.
Address: 4, One Central, Dubai World Trade Center – Sheikh Zayed Road – Trade Center – Trade Center 2 – Dubai – United Arab Emirates
Phone number: +971 4 4030300
Ernst & Young (EY)
Ernst & Young (EY) is a global professional audit/accounting services firm and a big accounting and auditing firm. Additionally, Deloitte, PricewaterhouseCoopers (PwC), and KPMG round out the Big Four. After Deloitte and PwC, EY is the third largest company in the world by revenue.
Furthermore, Ernst & Young began in England in 1845 with the founding of Harding & Pullein. The company rose to prominence through mergers and solidified its modern image. Ernst & Young was first used in 1989 when the Arthur Young and Ernst & Whinney companies merged. In 2013, the company rebranded, including a new logo and the initials EY as the brand name. The company is now privately owned and based in London, UK.
The four main service areas of Ernst & Young are custody, taxation, advisory, and transaction services. On an annualized basis, security brought in the most revenue, followed by advisory and tax services, and transaction advisory services the least. However, consulting services have seen the most extraordinary revenue growth over the past decade, growing 180% in 2020 compared to 2010.
However, EY has offices in more than 150 countries worldwide, organized into four business areas: Americas, Europe, Middle East, India and Africa (EMEIA), Asia Pacific and Europe, Middle East, India and Africa (EMEIA).
Address: 2 Sheikh Zayed Road – Trade Center, DIFC, Dubai, United Arab Emirates
Tel: +971 4332 4000
VVAS Global
Established in Dubai, UAE, in 2012, VVAS Global operates in Mozambique as Vista Vision Auditing and Accounting Services under the same umbrella of leadership, experience, and knowledge in the local and international markets. VVAS provides a highly professional service through qualified and experienced professional auditors and accountants, financial advisors, tax advisors, and other assurance services specialists.
It generates approximately $10 billion in annual revenue from client accounts while facilitating global trade and commerce for its clients. It is committed to providing its clients with a proactive and adaptive service to help them overcome any issues. VVAS can assist clients in 165 countries with offices in the world’s business centers. In addition, clients will have a positive professional experience through their professional services.
Address: BelRasheed Tower B, 11th Floor, Office 1102 Al Qusais, UAE
Tel: +971 521 07 5217
Hire the Big Accounting And Audit Firm in Dubai, UAE
It is an impressive list of internationally renowned accounting firms. So why are these companies ranked in the top five in Dubai? They are all highly qualified, have excellent reputations, and are well respected in the global financial community.
Your task is to select an auditing company in Dubai that will significantly impact your business and certify that your funds are appropriately managed, as this can affect the success or failure of your business. Hiring a reputable, qualified and trustworthy auditing firm is one of the finest ways to protect and boost your business.
Selecting an audit firm is essential and should be done with care. You should hire an audit firm that can add value to your business by identifying irregularities, employee weaknesses, and internal control weaknesses. Most importantly, you need a company to make recommendations to address the issues identified during the review.
Call us today to consult with one of our account specialists. Find a reputable, top-notch accounting firm to work for you today. The significant banks know and trust us internationally, and so should you! We’d love to hear from you!