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External Audit Services
An independent opinion on your financial statements for free zone authorities, shareholders, banks and the tax authority.
What an external audit delivers
An external audit is an independent examination of your annual financial statements, resulting in an opinion on whether they give a true and fair view under IFRS.
Audited statements are required by most free zones and frequently requested by banks, investors and business partners. They also support your corporate tax return.
At a glance
- Opinion on IFRS financial statements
- Accepted by free zones and banks
- Risk based audit approach
- Management letter with recommendations
- Clear timetable
Audit scope
- Audit planning and risk assessment
- Testing of revenue and expenses
- Bank and cash confirmation
- Receivables and payables testing
- Inventory observation where relevant
- Fixed asset verification
- Related party review
- Going concern assessment
- Audit report
- Management letter
Why work with Emna Capital
01
Independent and objective
Reviews are planned and performed with professional scepticism and a clear focus on the risks that matter to you.
02
Practical findings
Every engagement ends with clear observations and recommendations your team can act on.
03
Regulator ready
Reports are prepared to satisfy free zone authorities, banks, investors and other stakeholders.
04
Minimal disruption
We agree timelines and document requests in advance so your team can keep running the business.
How we work
Step 1
Planning
We understand the business, agree the scope and identify the key risk areas.
Step 2
Fieldwork
Controls, transactions and balances are tested against agreed criteria.
Step 3
Findings
Issues are discussed with management so the facts are clear and agreed.
Step 4
Reporting
You receive a clear report with conclusions and practical recommendations.
Frequently asked questions
Closed books, a trial balance, bank statements, contracts and supporting schedules. We send a detailed request list at the start.
It depends on size and readiness. Well prepared companies complete audits much faster.
It means the auditor found a material issue or could not obtain enough evidence in a specific area. Good preparation reduces this risk.
Talk to an Emna Capital advisor
Tell us what you are planning and we will map out the route, the paperwork and the timeline. The first consultation is free.