Audit and assurance services in Qatar
Our audit and assurance services in Qatar run from the yearly external audit under International Standards on Auditing to internal audit, special purpose audits and reviews of financial statements. Each serves a different reader, so we start by asking who will rely on the report.
A hand signing a document at a desk
Audit and assurance services
Not sure which one you need? Ask us which one fits.
External audit
The yearly audit of your financial statements under ISA, ending in an audit report and a management letter.
View serviceInternal audit
A plan built on your main risks, testing of key controls and reports to management, run for you or with your team.
View serviceSpecial purpose audit
An audit of one project, grant, fund or contract, reported in the format the funder, bank or authority asks for.
View serviceReview of financial statements
A review under ISRE 2400: less work than a full audit, for owners and lenders who do not need one.
View serviceICV certification
Your ICV scorecard figures and documents prepared before your Tawteen-approved certifier checks them.
View serviceIT systems audit
A check of user access, system changes, ERP controls and backups, with the risks and fixes listed.
View service
Audit, review or internal audit
The right service depends on who will read the report and what they need from it.
| Service | Who reads the report | What you get |
|---|---|---|
| External audit | Owners, lenders, authorities and other outside readers | An independent opinion on whether the financial statements are fairly presented |
| Review of financial statements | Owners and lenders who do not need a full audit | A report based on enquiry and analysis: less work than an audit |
| Internal audit | Management and the audit committee | Findings on risks and controls during the year, with an action plan |
| Special purpose audit | A funder, bank or authority | A report on one project, grant, fund or contract in the format they ask for |
Whether the law requires your company to have an audit depends on its type and where it is registered. Tell us your company type and we confirm what applies.
Official sources: International Auditing and Assurance Standards Board
How an audit engagement works
- 1
Understand your company
We learn how the business runs, who will read the report and what deadlines apply.
- 2
Agree the scope in writing
You get a written proposal with the scope, the documents we need, the timetable and a fixed fee.
- 3
Do the fieldwork
We test the figures and controls, and raise questions as we go rather than at the end.
- 4
Report and explain
You get the report and a management letter, and we walk you through what we found.
- Since 2016Serving companies in Qatar
- Written scopeScope and fixed fee agreed before we start
- Sourced adviceEvery rule linked to the official text
- One named contactFrom the first meeting to the final report
Get expert advice for your business
Tell us what you need. We reply with a written proposal covering the scope, the documents we need and the timeline.
Questions about audit and assurance in Qatar
Short answers to what companies ask us most. Open a question to read the answer.
What is the difference between an audit and a review of financial statements?
An audit gives an independent opinion on whether the financial statements are fairly presented, based on detailed testing. A review under ISRE 2400 is based mainly on enquiry and analysis, so it involves less work and costs less. Lenders and owners who do not need a full audit sometimes accept a review.
What is a special purpose audit?
It is an audit of one specific thing rather than the whole financial statements: a project, a grant, a fund or a contract. The funder, bank or authority usually sets the format of the report. Send us their request and we confirm the scope and the work involved.
Can we outsource internal audit?
Yes. Many companies do not have a full internal audit team. We can run the whole function, building a plan around your main risks and reporting to management or the audit committee, or support your own team on specific areas.
What documents are needed for an audit in Qatar?
Usually the trial balance and draft financial statements, last year’s audited accounts, bank statements and confirmations, key contracts and the fixed asset register. We send a full list with the proposal, so nothing comes as a surprise during fieldwork. Books that are reconciled every month make the audit quicker for everyone.
What is the difference between internal and external audit?
An external audit gives an independent opinion on the yearly financial statements for readers outside the company, such as shareholders, banks and the tax authority. An internal audit works for management during the year, finding and fixing weaknesses in processes and controls. Many companies have both; tell us what you need and we suggest where to start.
How do I choose an auditor in Qatar?
When you compare audit firms or auditing companies in Doha, start by checking the auditor is entered in the Ministry of Commerce and Industry’s register, which Law No. 8 of 2020 requires before anyone practises auditing in Qatar. Then ask who will sign the report, what the fixed fee covers and the timetable. Check independence too: the firm should not have prepared the accounts it audits. Listed and QFC companies also need auditors on their own registers.
Tell us what you need. We reply with a written proposal.
You get the scope, the papers we need and the time it takes.
- 1You send your details by WhatsApp or email.
- 2We read them and ask anything we need to know.
- 3You get a written proposal: scope, papers and timing.