The Importance of Accounting Audit and Its Positive Effectsby Aaa Cas Auditors & Business Consultant in Dubai
For the administrator of an SME, the words “accounting audit " may represent a future expense; meanwhile, for the administrator of a micro-business, perhaps they are words thought for companies of a size much greater than his. The truth is that there is no more wrong thinking than that, since accounting audits have very interesting benefits that are rarely known.
Accounting audits provide interesting benefits that contribute to the integrity, reliability and credibility of the financial statements of a company or organization. The companies that have chosen to implement this type of system have benefited from the positive effects, since a favorable audit can influence the opinion of the rating agencies.
In the case of smaller companies that hire the services of public accountants to perform an audit, they benefit, since a “clean opinion” significantly improves their relationships with entities and institutional investors.
From an internal control point of view, an audit helps to significantly optimize the management procedures, as well as the operation of the company itself, since the experience and knowledge of the auditor on the sector can be used and incorporated the best your competitors' practices.
Another factor that we must recognize is related to the "external image", since an audit can improve the external image that users have of the company. This is a very important element, since consumers increasingly take into account the image of the company and based on this they decide to consume your product or service.
If you wish to contract an accounting approved auditors in UAE, the most important thing is to do it with a company specialized in the subject, in such a way that we recommend you come to us, the experts from Accounting Audit Companies where we have extensive experience in the branch of accounting and tax services .
Created on Sep 30th 2021 02:51. Viewed 60 times.