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Abu Dhabi boasts first-class infrastructure and unparalleled global connectivity, making it a premier international destination. Its exceptional qualities make it an ideal location to live, work, and conduct business.

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  • Audit Monitoring Report 2023

    Spotlight Audit Monitoring Report 2023

    In today’s rapidly evolving regulatory landscape and amid market uncertainty and increased stakeholder expectations, companies are facing pressing challenges to stay ahead. In this complex environment, reliable, timely and meaningful corporate reporting plays a pivotal role in the effective operation of capital markets, investor protection, and safeguarding the public interest.

    At ADGM, we prioritise trust, transparency and accountability, and recognise that accurate corporate reporting and high-quality audits not only foster business success but also drive economic growth, resilience and development. In line with this commitment to improve audit quality and strengthen corporate reporting, in 2023, the ADGM Registration Authority (RA) commenced its risk-based audit onsite inspections of ADGM audit firms.

    The RA inspected six ADGM Registered Auditor firms last year covering nine Registered Audit Principals. The key findings from the 2023 inspections as well as the focus areas for 2024 are presented in the ADGM RA’s Audit Monitoring Report 2023.

    Members of audit and risk committees, audit partners, audit staff, investors and other stakeholders interested in corporate reporting and financial audits will find this report of interest.

    To explore the findings from the inspections in 2023 and learn more about the focus areas for 2024, please download the report.

    Download Report

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