Liquidation Audit Support
Liquidation Audit Preparation in Dubai
We prepare the liquidation audit file and work with the appointed auditor, so the closing accounts are supported and missing records do not hold up the final steps.
- Closing trial balance tied to the bank and subledgers
- Asset and liability schedules with disposal evidence
- One indexed file for the appointed auditor
Who this is for
- The shareholders are closing the companyThe final accounts need evidence before the licence and registrations can be cleared.
- The free zone asked for a liquidation reportThe appointed auditor will need a closing file that agrees to the books.
- The company is dormant but has old balancesDormant does not mean reconciled, especially for loans, assets and suppliers.
- The auditor sent a long query listWe build the schedules and answer from the records instead of sending fragments.
What is included
- Liquidation date and scope checklist
- Final trial balance review
- Bank, receivable and payable reconciliations
- Fixed asset and inventory disposal schedule
- Employee, gratuity and supplier liability schedule
- Tax registration and return status checklist
- Supporting document index
- Appointed auditor query log and responses
How it works
- Send the closing recordsTrial balance, licence status, prior accounts and the auditor's request.
- List the gapsWe identify unreconciled balances, missing evidence and schedules still needed.
- Confirm the scopeThe fee and any separate bookkeeping catch-up are shown before work starts.
- Hand over the fileWe give the appointed auditor the indexed pack and support the query process.
Liquidation Audit Preparation in Dubai — questions we get asked
Do you sign the liquidation audit report?
No. The appointed independent auditor signs the audit opinion. We prepare the schedules, reconciliations and evidence file, then work with that auditor on the queries. Keeping preparation separate from the opinion protects the auditor's independence and makes our role clear from the first records request.
What is in a liquidation audit file?
It normally includes the closing trial balance, bank and subledger reconciliations, asset and liability schedules, disposal evidence, tax status and the documents supporting the company's final position. The exact list follows the appointed auditor and the free zone or authority requirements. We build an index so every balance has a source.
Does liquidation remove VAT or Corporate Tax duties?
No. Closing the company does not erase outstanding tax registrations, returns or payments. The Federal Tax Authority remains the authority for those accounts. We check the VAT and Corporate Tax status as part of the closing file, identify open work and tell you which filings need to be completed before the liquidation can move on.
Can you help if the books are incomplete?
Yes, but rebuilding missing periods is separate from preparing the liquidation file. We first identify the missing records, unreconciled balances and documents needed by the appointed auditor. Then we quote the catch-up work separately from the closing pack, so you can see whether the issue is bookkeeping, evidence or an audit query.
How soon should liquidation audit preparation start?
Start when the decision to close is made, not after the auditor requests the report. Banks, suppliers, employees and asset records are harder to prove once the business has stopped. We review the trial balance first, then set the working order around the licence, tax and auditor deadlines that apply to your entity.
What does the service cost?
The fee depends on the number of ledgers, the age of the balances and the state of the supporting records. We confirm the scope before starting. Bookkeeping catch-up, tax filings and work requested by the appointed auditor after the initial file are shown separately, so the closing support quote stays readable.
Book your free compliance review
Fifteen minutes, no charge, and you leave with a written summary of where you stand whether or not you engage us.
