Auditing is a part of the accounting world. It is an examination of accounting and financial records that is undertaken independently. This is done to determine if the company or the business undertaking has conformed its operations to the laws and the generally accepted accounting principles. List of the Best Accounts & Auditing Companies in Qatar
Accounting is an art of orderly, keeping the records of the monetary transactions and preparation of the financial statements of the company. Auditing is an analytical task which involves the independent evaluation of the financial information to express an opinion on true and fair view List of the Best Accounts & Auditing Companies in Qatar
A financial audit is conducted to provide an opinion whether “financial statements” (the information being verified) are stated in accordance with specified criteria. Normally, the criteria are international accounting standards, although auditors may conduct audits of financial statements prepared using the cash basis or some other basis of accounting appropriate for the organisation. In providing an opinion whether financial statements are fairly stated in accordance with accounting standards, the auditor gathers evidence to determine whether the statements contain material errors or other misstatements List of the Best Accounts & Auditing Companies in Qatar
An auditor is a person or a firm appointed by a company to execute an audit. To act as an auditor, a person should be certified by the regulatory authority of accounting and auditing or possess certain specified qualifications. Generally, to act as an external auditor of the company, a person should have a certificate of practice from the regulatory authority.
Types of auditors
- External auditor/ Statutory auditor is an independent firm engaged by the client subject to the audit, to express an opinion on whether the company’s financial statements are free of material misstatements, whether due to fraud or error. For publicly traded companies, external auditors may also be required to express an opinion over the effectiveness of internal controls over financial reporting. External auditors may also be engaged to perform other agreed-upon procedures, related or unrelated to financial statements. Most importantly, external auditors, though engaged and paid by the company being audited, should be regarded as independent.
- Internal Auditors are employed by the organizations they audit. They work for government agencies (federal, state and local); for publicly traded companies; and for non-profit companies across all industries. The internationally recognised standard setting body for the profession is the Institute of Internal Auditors – IIA (www.theiia.org). The IIA has defined internal auditing as follows: “Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes List of the Best Accounts & Auditing Companies in Qatar
Internal auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes
Audit management is responsible for ensuring that board-approved audit directives are implemented. Audit management helps simplify and well-organise the workflow and collaboration process of compiling audits. Most audit teams heavily rely on email and shared drive for sharing information with each other. Typically task such as submitting client request, sender reminder and following up on findings are all done from using broad tools. Investing in the right software could help save time, reduce errors and save on resources
An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations’ certification exams are certified to use titles such as Chartered Accountant, Chartered Certified Accountant or Certified Public Accountant. Such professionals are granted certain responsibilities by statute, such as the ability to certify an organization’s financial statements, and may be held liable for professional misconduct. Non-qualified accountants may be employed by a qualified accountant, or may work independently without statutory privileges and obligations.
Cahan & Sun (2015) used archival study to find out that accountants’ personal characteristics may exert a very significant impact during the audit process and further influence audit fees and audit quality.
The Big Four auditors are the largest employers of accountants worldwide. However, most accountants are employed in commerce, industry, and the public sector
List of the Best Accounts & Auditing Companies in Qatar
- Abbasi Ibrahim & Co+974 – 44362960
- Advanced Global Trading Qatar+974 – 44528976
- AIG MEMSA Insurance Company Ltd+974 – 44967424
- Al Ali Chartered Accountants+974 – 44365656
- Al Dosari Auditing & Accounting+974 – 44319112, 4319113
- Al Jazeera Finance+974 – 44050444
- Al Khaleej Auditing & Accounting+974 – 44423159
- Al Koot Insurance & Reinsurance Company+974 – 44976412
- Al Rayyan Audit Bureau+974 – 4437823
- Al Sadd Exchange Co+974 – 44423334
- Al Saie Accounting & Auditing+974 – 44421394, 44421403
- Al Sayed Accounting & Auditing+974 – 44502333
- Al Sayrafa Financial Business & Exchange+974 – 44432043
- Al Tawfik Accounting & Auditing+974 – 44441132
- Alico Qatar (Amercan Life Insurance Co)+974 – 44655057
- Aljassimya Investment+974 – 44050000
- Allianz Takaful QFC+974 – 44039777
- Aman Insurance Service Brokers+974 – 40167644
- Amwal (QSC)+974 – 44527777
- Amwal (QSCC)+974 – 44677990
- ARA Qatar for Research and Consultancy+974 – 44371169
- Arabian Bureau+974 – 44862817
- Arabian Exchange Co WLL+974 – 44438300
- Bait Al Mashura Finance Consultation Company+974 – 44350022, 44312221
- Barwa Group+974 – 4 – 44088787, 44088888
- BDO Jawad Habib Consulting+974 – 44999530
- Canadian Korean Consulting Enterprise Trading+974 – 44410589
- City Exchange Co WLL+974 – 44435060
- Deloitte & Touche+974 – 44422168, 44423991, 44324117
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- Doha Exchange+974 – 44423737
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- Eisa Alderbasti Accounting & Auditing+974 – 44420707
- Enterprise Qatar+974 – 40125000
- Ernst & Young+974 – 44574111, 44573444
- Fatemah Al Mass Al Hamad Auditors & Chartered Accountants+974 – 44415659
- Financial Invest Consulting Centre+974 – 44444119
- Future Exchange WLL (Western Union)+974 – 44432043
- Global Advisory+974 – 44116770
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- Green International+974 – 44215695
- Guardian Wealth Management+974 – 44915355
- Gulf Exchange Co+974 – 44383222
- Gulf Finance and Exchange Co+974 – 44414278
- Hassan Satti Al-Sayed LLB (Hons) UK+974 – 44444749
- I A S Group+974 – 44832176
- Interiodesign+974 – 44417686
- International Financial Services Qatar LLC (IFS)+974 – 44967215
- International Investor, The+974 – 44838494
- Investec WLL+974 – 44325060
- Investment House Co+974 – 44200300
- Islamic Exchange Company+974 – 44422718
- Khalid Bin Mohd Al-Attiya+974 – 44364448
- Libano Suisse Insurance Company+974 – 44664406
- Life Insurance Corporation (LIC) International+974 – 4 4142530
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- National Exchange Co+974 – 44327621
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- PricewaterhouseCoopers+974 – 44192777, 44670924
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- Qatar Investment & Projects Development Holding Co WLL (QIPCO Holding)+974 – 44058800
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