Special Purpose Audit.
Built around the requirement.
A defined reporting need deserves a defined engagement. Clarify the information, criteria, intended users and report required before the work begins.
Founder’s experience
Free zones served
Core service disciplines
Based. UAE focused.
UAE business landscape · Illustrative photograph
Start with the question.
Agree the right report.
A lender, shareholder, contractual counterparty or other user may request financial information for a particular purpose. The right engagement depends on exactly what information is being examined and what the recipient expects to receive.
We start with the request or reporting template. An audit of special-purpose financial statements, an audit of a specific element and an agreed-upon procedures engagement have different objectives and reporting outcomes.
A clear scope.
Purpose behind every step.
Purpose & intended users
Identify who will use the report, the decision it supports and any restrictions on use.
Information & criteria
Define the financial information, reporting period and suitable basis or criteria.
Engagement selection
Clarify whether the request calls for an audit, another assurance engagement or specified procedures.
Evidence & testing
Perform the work appropriate to the agreed engagement and the information in scope.
Exceptions & discussions
Discuss matters arising and the evidence or explanations still needed.
Purpose-specific reporting
Issue a report that accurately describes the work, outcome and relevant limitations.
Useful findings.
Clear reporting.
A clearly defined engagement
Written agreement on the subject matter, reporting basis, intended users and work required.
A report suited to its purpose
The appropriate audit or other agreed report, subject to the engagement and evidence obtained.
Clear boundaries on use
Relevant purpose, recipient and reporting limitations explained in the engagement and report.
Agreed-upon procedures report factual findings without an audit opinion or assurance conclusion. They should not be described as an audit simply because the recipient asks for selected checks.
Bring the requirement.
We’ll map the records.
The recipient’s written request or template, relevant contract, reporting criteria, financial information to be examined, supporting records and details of the intended users and deadline.
Before work begins
We clarify the reporting purpose, scope and intended users.
Fees and timing depend on complexity, record readiness, access and the work agreed.
Any independence, eligibility or appointment requirements are considered before acceptance.
Maria Romero
Audit engagement · Published Google review excerpt
Founder & CEO · Capital Plus Auditing of Accounts
A Dubai-based firm.
A personal approach.
Capital Plus Auditing of Accounts supports mainland, free-zone and offshore businesses from Business Bay, Dubai. For your audit, that means a conversation about your reporting requirements, a defined engagement and a team you can speak to throughout the work.
01 / A defined audit scope
Know the reporting purpose, period and deliverables before the engagement starts.
02 / The detail explained
Discuss outstanding evidence and relevant findings in practical terms.
03 / Local jurisdiction context
Assess the reporting request and auditor eligibility for your company.
Specific questions.
Straightforward answers.
What makes an audit special purpose?
The financial statements may be prepared for particular users under a special-purpose framework. The applicable criteria, purpose and report need to be established before accepting the engagement.
Is an agreed-upon procedures engagement an audit?
No. It reports the procedures performed and the factual findings. It does not express an audit opinion or an assurance conclusion.
Can you use a report template provided by a bank or counterparty?
Send the template for review. We need to understand its wording, required work, reporting basis and intended use before confirming the engagement.
How do we get started?
Tell us the service required, company jurisdiction, reporting period and deadline. Our team will discuss the scope and the information needed before an engagement is agreed.
Tell us what you need.
Let’s plan the next step.
Tell us the service you need, where your company is registered and any deadline you are working towards. Our team will discuss your requirements and explain the proposed scope before you decide how to proceed.
ParkLane Tower, Business Bay
Office 605, ParkLane Tower
Business Bay, Dubai, UAE
Audit & Assurance enquiry.
Share your requirement and deadline. We’ll be in touch.