INBOOKS · UAE
Audit Support FAQs UAE
Prepare reconciled schedules and an organised evidence file so management and the appointed auditor can work through requests with clear ownership.
Abu Dhabi-basedRecords-first approachSME focused
Practical questions, specific answers
Does preparation include an audit opinion?
No. Preparation organises records and schedules. The appointed auditor determines audit procedures and any opinion.
Which balances should be prepared first?
Start with bank, customer and supplier balances, then significant inventory, assets and other accounts based on the business and auditor’s request list.
How are audit queries managed?
Keep one tracker that records the question, evidence location, responsible person, response and whether the auditor has accepted the response.
What to prepare
- Final or draft trial balance and prior financial statements
- Bank, receivables, payables and fixed-asset schedules
- Contracts and supporting records for significant transactions
- The appointed auditor’s request list
Talk through your situation
Bring the entity, period and the question you need to resolve. Scope and advice depend on the facts.
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