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What you need to know now
This 2023 auditor-list article is historical. Before commissioning a present-day DMCC audit, confirm the exact firm on DMCC’s current Approved Auditors List.
The original article is preserved below as a historical record. Earlier deadlines, rates, offers and approval statements should not be used as current guidance.
- Match the legal name on the engagement letter to the current list.
- Agree the reporting period, information request and delivery date before work starts.
- Keep appointment confirmation and the submitted audit package together.
Separate the 2023 listing from a current appointment
This article was published before the period named in its title and records a historical promotional reference. It does not verify that the same firm remains eligible today. For a new engagement, start with DMCC’s current auditor documents and the exact legal name on the proposed engagement letter. Keep the original publication date visible so that readers can distinguish the archived announcement from the current checks required before appointing an auditor.
Define the audited entity and accounting period
Confirm whether the engagement covers one company, a branch or several related entities. Supply the relevant licences, constitutional documents and last signed financial statements. Identify the opening balances and the intended reporting period before the firm prices the work. If the group prepares additional management or consolidated accounts, explain how those relate to the local financial statements. This avoids an assumption that one report or one set of audit procedures automatically satisfies every group reporting need.
Keep audit reporting distinct from tax compliance
The move into the UAE corporate tax environment increased the importance of reliable accounting records, but an audit opinion is not a tax registration or filing confirmation. Ask the advisers to clarify the separate outputs and responsibilities. Maintain a reconciliation between final financial statement figures and the information used for any related compliance work. If adjustments are made after a draft report has been shared, communicate them to the relevant team rather than allowing different versions of the accounts to circulate.
Make the appointment file easy to review
Keep the eligibility check, engagement terms, authority appointment records where applicable and the final signed report in a consistent folder structure. Record who in management approved the accounts and who checked the submission status. For future renewals, review the firm’s current status and the service scope rather than carrying forward the historical article as evidence. A documented process is particularly useful when the company changes its finance team or brings in a new shareholder who needs to understand earlier reporting decisions.
YOUR NEXT STEPS
A practical way forward
- 01
Step 1
Open the current DMCC auditor documents.
- 02
Step 2
Obtain written confirmation of the proposed auditor’s eligibility.
- 03
Step 3
Confirm scope, independence and the submission timetable.
CLEAR ANSWERS
Frequently asked questions
Does an old listing prove approval today?
No. Use the current authority list and confirm the exact firm being engaged.
Should I choose an auditor on rankings alone?
Compare eligibility, relevant experience, independence, scope and fees. A promotional ranking does not demonstrate these.
Read the original article First published 15 November 2022 · retained for context
This earlier article is preserved for context. Its rates, deadlines, approvals and announcements may have been superseded. Use the current guidance and official references on this page for your next step.
DMCC Approved Auditors 2023
DMCC Approved Auditors 2023 rule seeks to establish a registry of auditors who will provide audit services of the highest quality to DMCC member companies in addition to providing assurance that the Audited Financial Statements represent the true and accurate financial position of the companies.
DMCC Approved Auditors 2023 – Listing Details
| Updated approved auditors list for DMCC 2023: Click here | S.l. number : 154, Account Number : 148497 | Name: Saif Chartered Accountants, 1106, The Prism, Business Bay Dubai |
| Email : info@saifaudit.com, info@dubaivat.com | Phone : 04 4518600, Mob: +971 503244029 | Chat on WhatsApp :+971 50 627 3556 |
Why Saif Chartered Accountants as DMCC Auditor?
Saif Chartered Accountants is a professional accounting and auditing firm approved by the Dubai Multi Commodities Centre (DMCC). As an accounting, auditing, and business consultancy firm, we have a team of professionals with professional qualifications and experience. We were established in 1994 and have offices in Dubai, Hamriyah Free Zone, Sharjah, as well as associate offices in RAK Free Trade Zone, London, Cardiff, and India. The firm caters to a wide spectrum of clientele from a variety of industries based in the United Arab Emirates.
Saf Chartered Accountants, is a part of SGA World Network
For More details, Please visit DMC Dedicated Service Portal
Related links : DMCC
VERIFY THE DETAIL
Official sources & further reading
Source checks support this general guide. Your treatment depends on the facts, tax period and applicable legislation.
