Monday 6 June 2016

Listed Auditors In RERA

LISTED AUDITORS IN RERA

ARC Associates gets listed with RERA and is now among the approved list of auditors qualified for executing RERA audits

Listed Auditors In RERA
Listed auditors in RERA: ARC Associates is satisfied to declare that the firm has been registered with RERA and in this manner joins the list of approved auditors who have been recognized by RERA.


RERA Auditing - ARC Associates

Real Estate Regulatory ( RERA), established in Dubai, UAE. RERA started in 2007, is a government agency that control and manage all types of real estate related activities in Dubai.

RERA stipulates that all its developers should have an independent “ESCROW” account and should undertake an audit to check on the current status of the project and update the records with regards to the progress of the construction. Also, all completed projects must have their own Owner’s Association, who should maintain and audit its books of accounts and submit every year to RERA.

The scope of a RERA audit covers the following:

a) Financial Audit – audit and review

·         list of units sold, units cancelled and cash received from buyers

·         Mortgage/finance amount received for the project from financial institutions

·         Retention a/c balance and verify it represents 5% of total funds received

·         Paid land costs and other related payments (registration fees, etc.)

·         Project construction, management & marketing related payments

·         Advance payments released to the contractor(s) or other parties

·         Advance payment guarantee and performance bond issued

b) Operational Audit – To assess the effectiveness of control environment and activities of the company.

c) Compliance Audit – To verify whether or not the developer is in compliance with the applicable real estate laws & regulations as required by RERA.

 

 

Wednesday 18 May 2016

Internal Auditing - ARC Associates

INTERNAL AUDITING

internal audit
Internal Auditing: ARC Associates is a group of Auditors and Accountants, established in Dubai, ARC Associates is diligent and determined to employ an in-depth approach to auditing and assurance services in Dubai, Our bouquet of services range from Statutory Audit, Internal Audit, System & Management Audit, Concurrent and Income & Expenditure audit to Bank audit, Stock audit, Due diligence and Certification work.

source: http://arcauditing.ae/audit.php


ARC Associates providing services in Audit, Finance, Accounting and Consultancy. The audit exercise is a useful management tool and the ARC Associates Auditors team is one of the top Auditing companies in Dubai. Our auditors carefully plan this exercise to focus on accounting procedure such as:

* Statutory Audit
* Internal Audit
* Special Audit
* Annual Audit
* Cost Audit
* Stock Audit
* Operational Audit
* Financial Audit
* Management Audit & Certification
* IT Audit

Thursday 5 May 2016

ARC Associates

         ARC Associates

ARC AssociatesARC Associates is a group of auditors and chartered accountants, established in Dubai. ARC provide best class services in Audit & Assurance, Business Advisory Services, Accounting & Financial Reporting, Accounting Software, Valuation & Business Restructuring, Feasibility Study & Project Plan, UAE Free zone Audit. ARC Associates are one of the top auditing company in Dubai, because ARC Associates is lead by a team of well qualified, experienced and dedicated professionals.

source: http://arcauditing.ae/

 About ARC Associates

ARC Associates was born from the core ideology of providing high quality financial services to organizations in need and imparting unbiased insights without compromising on the passion for excellence. We believe that credibility is the key to providing services in various areas like financial and consultancy, auditing, internal auditing etc.
With our variety of administrations and instruments that guarantee an exact examination of business capacities, we can give such a group to our customers while adjusting to their association spending plan. Our very much experienced group ensures that all the dangers and possibilities for our customers' association is tended to with a conclusion to-end budgetary admonitory arrangement as and when they require it.

Services

ARC Associates providing best class services in:
  • Internal Audit 
  • Assurance Services
  • Financial Accounting
  • Outsourcing Services  
  • Business Consulting 
  • Advisory Services
  • Free Zone Audit


Wednesday 13 April 2016

ARC Associates - Auditors and Consultants

ARC ASSOCIATES


ARC Associates is a group of auditors and chartered accountants, established in Dubai, UAE. ARC provide comprehensive services in Audit & Assurance, Business Advisory Services, Accounting & Financial Reporting, Accounting Software, Valuation & Business Restructuring, Feasibility Study & Project Plan, UAE Free zone Audit. We are one of the top Accounting service companies in Dubai, UAE. ARC Associates is led by a team of well qualified, experienced and dedicated professionals.

The firm is enlisted with a panel of approved auditors of many local and international and free zones authorities in UAE. Our well talented auditors in Dubai with years of distinguished industry experience are equipped to serve our clients with utmost transparency. Among Top listed Auditors in Dubai, UAE,0 ARC Associates achieved respect and popularity with their satisfactory services, in the area of Accounting and Finance. It was built as an accounting firm to provide our clients with a solid global financial strategy. 

Services

arc associates servicesARC Associates, The leading Audit Companies in Dubai, UAE offers 
  • Audit and Assurance
  • Financial Accounting
  • Outsourcing Services 
  • Internal Audit
  • Business Consulting
  • Advisory Services
  • Free zones Audit


Audit and Assurance Services

ARC Associates is diligent and determined to employ an in-depth approach to auditing and assurance services in Dubai.ARC’s audit services are extensive and in addition to clients in UAE. We also service across the globe.
ARC Associates, The leading Audit Companies in Dubai, UAE offers audit services including Statutory Audit, internal audit, System & Management Audit, Concurrent and Income & Expenditure audit to Bank audit, Stock audit, Due diligence and Certification work, etc.

Financial Accounting

ARC Associates has been leading the industry standards as we formulate and re-define Accounting and Financial services for our clients across industries.We have effected a remarkable change in the way Accounting and Finance operate and has assisted financial officers implement top notch practices and performance.

Outsourcing Services

We have affected an exceptional change in the way Accounting and Finance work and has helped budgetary officers actualize first rate practices and execution. We comprehend that Accounting and Finance works needs intensive organization with the goal that seller systems multiply, and benefit certification is maintained.

Internal Audit

 ARC Associates has been coming out on top principles as we detail and re-characterize Accounting and Financial administrations for our customers crosswise over commercial enterprises. We have spearheaded the development of a one of a kind space ability with the guide of a very gifted workforce. We have affected an amazing change in the way Accounting and Finance work and has helped money related officers actualize first rate practices and execution.

Business Consulting

Our expert financial advisors guide you to a successful outcome. Having worked with organizations ranging across different sectors, we provide your firm with a robust business and financial framework.  We build up a biological community that would coordinate corporate account, due tirelessness, money related demonstrating administrations, business rebuilding and expense administrations.

Advisory Services

Our services include a holistic financial and operational restructuring to our clients' organization. We provide critical advice and vital insights to underperforming and financially straining businesses, their stakeholders and other concerned individuals.

Free Zone Audit

UAE Free Zones has always been eager to assist investors and businessmen in making a reality of their goal of experiencing the most talked about business freedom in the UAE Free zones . ARC ASSOCIATES is accredited in some of the free zones in the UAE. List of free zones in UAE given Bellow