Due Diligence Service in the United Arab Emirates,

In the rapidly changing business environment in the UAE, many companies seek reliable financial assurance without the need for a full audit. This is where a limited review service comes in as a practical, time- and cost-effective solution, regulated by the International Standard on Limited Review (ISRE 2410).

• Definition: It is a type of assurance service that provides a moderate level of assurance, where the auditor concludes that "there is no reason to believe" that there is a material misstatement.
• Difference from a full audit: The procedures are less in-depth, relying on analysis and inquiry rather than detailed examination.

• Interim reports (quarterly/semi-annual).
• Sustainability reports or environmental and social disclosures.
• Financial information that does not require full assurance.
• When reporting needs to be issued quickly and at a lower cost.

• Engagement acceptance: Ensure the limited review is appropriate to the nature and purpose of the data.
• Planning: Understanding the business environment and identifying focus areas according to international auditing standards and UAE legal requirements.
• Performing procedures: Using analysis, inquiries, and observations to obtain sufficient evidence.
• Preparing the report: Issuing a limited assurance report using a negative format such as: "We have not found any reason to believe that there is a material misstatement..."

• Flexibility: Responding quickly to market requirements and UAE legislation.
• Efficiency: Obtaining reliable third-party assurance without consuming significant resources, as with a full review.
• Enhancing reputation: Demonstrating your commitment to transparency and good governance, which enhances your market image and attracts investors.

A limited review service in accordance with ISRE 2410 is a strategic tool for companies in the UAE that need a balance between speed, reliability, and cost. It does not replace a full review, but it provides sufficient intermediate assurance for many vital uses in the modern business world.

"A limited review is a smart option for achieving transparency without excessive complexity or cost."