Risk-based internal audit, internal-controls review and governance assurance built on the Institute of Internal Auditors' International Professional Practices Framework. Reports to the board, not the regulator.
Internal audit is distinct from the statutory external audit: where the external auditor gives an independent opinion on the financial statements, internal audit gives the board and audit committee ongoing assurance that risks are managed, controls work and governance is sound. Avyanco delivers it on the IIA's International Professional Practices Framework.
Internal audit is distinct from the statutory external audit. Where the external auditor gives an independent opinion on the financial statements to shareholders and regulators, internal audit gives the board and audit committee ongoing assurance that risks are managed, controls work and governance is sound. For UAE listed companies the SCA Corporate Governance framework expects an internal audit function; for Central Bank-, DFSA- and FSRA-regulated firms it is a regulatory requirement; and for family groups and SMEs it is the discipline that catches control gaps and fraud before they become losses.
Avyanco delivers internal audit on the Institute of Internal Auditors' International Professional Practices Framework (IPPF) — risk assessment, a board-approved audit plan, fieldwork, and findings tracked to closure. We run it as an outsourced or co-sourced function: the audit committee gets independent assurance without carrying a full in-house team. Engagements are partner-reviewed and coordinated with the external audit and Corporate Tax work so controls, financials and tax tie together.
Three ways Avyanco delivers the internal audit function.
A complete internal audit function delivered on the IPPF — risk assessment, annual audit plan, fieldwork and audit-committee reporting — without an in-house team.
Design-and-operating-effectiveness review of the control environment over financial reporting, procurement, payroll, treasury and revenue.
Governance reviews, fraud-risk assessments, investigations support and process audits for boards, audit committees and group management.
Five steps from risk assessment to closure.
Build the audit universe and rank processes by risk and impact, in consultation with management and the audit committee.
Board-approved annual internal audit plan setting the cycle of reviews against the highest-risk areas.
Walkthroughs, controls testing and substantive testing against the IPPF, evidencing whether controls are designed and operating effectively.
Findings rated by severity, with practical, owner-assigned recommendations reported to management and the audit committee.
Recommendations tracked to closure and re-tested in the next cycle so issues are fixed, not just logged.
Independent assurance the board can act on — without the cost of a standing department.
Internal audit that improves the control environment, not just documents it.
Effort goes to the processes that actually carry risk — the audit plan is built from a real risk assessment, not a template.
Findings written for an audit committee — rated by severity, owner-assigned, with practical recommendations.
Scale the function up or down — a full outsourced internal audit, or co-sourced support for an existing team.
Internal-controls findings coordinated with the external audit so control weaknesses surface once, not twice.
Controls over Corporate Tax, VAT and ESR / UBO obligations covered in the audit universe.
Recommendations tracked to closure and re-tested — measurable improvement, not a report that gathers dust.
Partner-led assurance practice — Vikas Dhingra leads internal audit alongside Avyanco's accounting and compliance team.
Three things that come up in every internal audit engagement.
A risk assessment, board-approved plan, evidenced fieldwork and tracked follow-up — the full Institute of Internal Auditors framework.
Internal audit reports to the board on controls and risk — separate from, and complementary to, the statutory external opinion.
Recommendations a management team can actually implement — and that we re-test next cycle to confirm closure.
Recent feedback from boards Avyanco provides internal audit assurance to.
We had an excellent experience working with this company for our ADGM company setup in Abu Dhabi.
Read more — Nikhil Nadanga's review on GoogleI have been dealing with Akshta for more than a year now and she has been very professional.
Read more — Sherif Ayub's review on GoogleIn so far as the emigration process can ever be made easy, Avyanco achieves exactly this.
Read more — Sheru George's review on GoogleWe are very satisfied with Avyanco's support for Nanasu Realty — especially across AML compliance, accounting, and company setup.
Read more — Purushottam Mukkundi's review on GoogleI've used the services of Avyanco twice over the past 3 years for visa processing, and they have never failed to impress me.
Read more — Dominic Pinto's review on GoogleI had an excellent experience with Avyanco Business Setup Consultancy for both my company formation and family dependent visa process in the UAE.
Read more — Eder Schaphauser Ziomek's review on GoogleCommon questions about the internal audit function in the UAE.
Abu Dhabi Global Market (ADGM) · UAE Ministry of Economy · Central Bank of the UAE
Content prepared from publicly available standards and guidance — the Institute of Internal Auditors' International Professional Practices Framework (IPPF), UAE Securities and Commodities Authority (SCA) corporate-governance requirements for listed companies, and the published expectations of UAE financial regulators (Central Bank of the UAE, DFSA, FSRA) — as of June 2026. Avyanco is independent of these bodies and not affiliated with any government authority.
Internal audit requirements vary by entity type, sector and regulator and the rules evolve. Always confirm the current obligations for your specific entity directly with the relevant authority and a qualified adviser before acting on any fact on this page.
Avyanco Auditing LLC — FTA-registered tax agents and a Ministry of Economy-approved audit practice. Get a clear answer on Corporate Tax, VAT, audit, accounting or AML compliance — no obligation.
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