Escrow Consulting Group

Audit-Ready Financial Statements

Banks, investors, and auditors all require clean, IFRS-compliant financial statements. We produce audit-ready financials that meet every UAE standard.

Free Accounting System Health Check

Free Accounting System Health Check

Tell us about your business and our UAE team will be in touch — at no cost.

What's Included

Financial statements prepared to withstand auditor, bank and investor scrutiny.

Profit & Loss Statements (IFRS)

A full IFRS-compliant profit and loss statement with proper revenue and expense recognition. Not a spreadsheet export — a real set of accounts.

Balance Sheets

A statement of financial position that ties out: every balance supported, every control account reconciled. Assets, liabilities and equity presented per IFRS.

Cash Flow Statements

Operating, investing and financing activities presented the way auditors and lenders expect to see them, reconciled to the movement in cash.

Audit liaison support

We deal with the auditors' queries and evidence requests directly: preparing schedules, pulling support and answering technical questions, so your team isn't pulled off its work.

How It Works

From health check to auditor handover in four steps.

1

Free Accounting System Health Check

We review your books and reporting setup to find the gaps between where you are and audit-ready.

2

Books review and gap fixes

We fix misclassifications, unreconciled balances and missing support before statement preparation begins.

3

Statements preparation under IFRS

We prepare the full set of financial statements with notes and disclosures appropriate to your entity.

4

Auditor handover and query support

We hand a complete, tied-out file to your auditors and stay involved until their queries are closed.

Who Is This For

For any business whose numbers need to stand up to outside scrutiny.

  • Companies facing statutory or voluntary audit, including free-zone licence renewals that require audited statements
  • Businesses applying for bank finance or credit facilities
  • Groups that need consolidated or multi-entity reporting
  • Owners preparing for a sale, investment round or management buy-in

Frequently Asked Questions

Which companies need audited financial statements in the UAE?

Requirements vary by jurisdiction: many free zones require annual audited statements for licence renewal, and banks or investors often require them regardless of legal obligation. We confirm what applies to your entity and prepare accordingly.

What is the difference between IFRS and local GAAP?

The UAE uses IFRS as its financial reporting framework — there is no separate local GAAP for most entities. Free zones, banks and the FTA all expect IFRS-compliant statements, which is what we prepare.

How long does preparation take?

For clean books, a full statement set typically takes two to four weeks. If the underlying records need cleanup first, we scope that separately and commit to a firm delivery date before starting.

What do auditors ask for most?

Lead schedules tying to the trial balance, bank reconciliations, aged payables and receivables, fixed-asset registers, related-party support and revenue cut-off evidence. We prepare exactly this file as standard, so auditor queries are routine rather than disruptive.

Ready to get started?

Book a free consultation with our UAE team and we'll map out exactly what your business needs.

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