Thursday, August 27, 2015

Future of auditing in UAE discussed at roundtable


The Future of the Audit, a roundtable gathering focused on how the auditing industry is prepared to meet the evolving needs of the United Arab Emirates (UAE) economy, recently was held in Abu Dhabi and Dubai.

Organized by the international assurance and advisory firm Grant Thornton and the Association of Chartered Certified Accountants (ACCA), the event was attended by some of the largest leading businesses in the UAE. Attendees noted that the role of auditing must include a "trusted adviser" approach whereby the auditor becomes a strategic partner. Read more

Now the new challenges are introduced for the future of auditing in UAE which includes technology, moving from old financial statements to coordinate reporting and the fact that one standard report won't meet the requirements of all the various. Grant Thornton and the Association of Chartered Certified Accountants (ACCA) has launched this event for rising the economy of UAE and for developing the standards of auditing firms in UAE.

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