Special Audits and Risk Consulting

The special Audit function helps protect organizational assets and drive operational efficiencies while Risk Consulting is essential to assess potential risks to the business and implement effective risk management frameworks.

Our services include the following.

Internal Audit

We provide a complete range of internal audit, governance, and risk services tailored to your sector, size, risk appetite, and regulatory requirements. Our approach to internal audit engagement is designed to provide consulting & advisory support that you need in order to ensure that your Internal Audit can move beyond its traditional role and assist to tap into new ways of addressing risks.

When conducting an internal audit, we offer a comprehensive review of the entity’s policies and procedures and test compliance with internal and external requirements; share best practice recommendations, cost-saving tips, and risk mitigation tips, and suggest additional revenue streams you may not be taking advantage of within your industry.



Investigation / Forensic Audit

At Hussain Al Shemsi, our experts assist stakeholders and their counsel, effectively capture significant evidence, analyze intricate financial and accounting data, and articulate their findings to audit committees, corporate boards, regulators, and judges.

This covers Fraud investigation, misappropriation of assets, financial statement reporting fraud, suspicious transaction audit, etc.

Standard Operating Procedures (SOPs)

Standard Operating Procedures (SOPs) are written documents or work instructions that detail all of the steps involved in a procedure or process. The SOP development services include end-to-end level mapping of processes and formatting SOPs to your template and organization structures.

We have a team of experts to support your organization in developing SOPs for Operational, Financial, Commercial, and Administrative areas, across various industries.

AML / CFT Regulatory Compliance

Governments across the globe have been taking measures to increase the scrutiny of AML/CFT processes and controls, to fight financial crimes. In December 2020, the UAE Cabinet adopted the formation of the Executive Office of the Anti-Money Laundering and Countering the Financing of Terrorism with an aim to follow the international requirements in this sector. Therefore, it is essential for organizations to take full control of their processes and operations to avoid any risk of exposure to money laundering and terrorism funding activities.

We provide them with AML/CFT policy, controls, and procedures documentation services to help them remain compliant with the AML laws in UAE.