Profile
In 1990 the foundations of Alnoman & Ravi were sown in the Emirate of Sharjah, as we set up office as Standard Auditing. Today we have grown to be one of the leading accounting firms in the UAE. Our long-standing credibility as auditors of financial and government institutions greatly facilitates the setting-up businesses for clients, be they small, medium or large. We perform external and statutory audits, as well as internal audits.
Overview
Alnoman & Ravi are a leading accounting firm based in Sharjah, UAE. The firm was formed in 1990 and has a long-standing credibility as auditors of financial and government institutions greatly facilitates the setting-up businesses for clients, be they small, medium or large.
At Alnoman & Ravi, our audit approach, at the leading edge of the best accounting practices, is tailored to suit the size and nature of organizations, meeting immediate, short-term and long-term aspirations of corporates in the region.
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Practice Overview
The firm performs external and statutory audits, as well as internal audits.
Audit:
Forms of audit opinion ensure a periodic or continuous official examination of an institution's account records, policies and procedures, confirmation of account balances and tests of the accuracy of transactions to verify the stated assets and liabilities of the institution.
External and Statutory Audits:
A well-planned external audit, we believe, complements every organizations internal audit function, strengthens internal controls, and contributes to safe and sound operations, providing managment with assurance about the effectiveness of internal controls over financial reporting, the accuracy and timeliness in recording transactions, and the accuracy and completeness of financial and regulatory reports. With an increased monitoring of prospective accounting and regulatory changes, our opinion is always in strict adherence with International Financial Reporting Standards. By intense reviewing of a companies operations, management philosophy and documentation, we are able to identify and implement proper system processes. As statutory auditors, we seek to ensure that the audit report is the medium through which shareholders, banks, creditors, employees and the public at large gain an independent and impartial third party opinion on the company's statements, enhancing their credibility in the eyes of the investors and other interested parties.
Internal Audit Function:
Our internal audit team seeks to improve the efficiency and effectiveness of a corporate organization's internal controls and corporate governance. We understand and seek to redefine the strategic direction and objectives, by evaluating the reliability, adequacy, and effectiveness of accounting, operating, and adminstrative controls.
Periodic Management Accounts:
For any organization or business looking to evaluate performances, processes, and improve governance, we ensure Periodic Management Account reviews.
Accounting:
With our expertise in various software, systems and procedures, we are able to provide client-specific customized accounting services. For companies in the start-up stage, we ensure that professional accounting systems are in place, even as the Accounts Department is being formulated, with continued professional insights as the organization expands.
Design and Implementation of Accounting Procedures:
We understand the needs and unique requirements of each industry segment, and are hence in a unique position to provide specially tailored accounting procedures for new business start-ups incorporating adequate internal controls and in aiding expansion plans of existing organizations.
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