Retail Sales Audit
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Retail Sales Audit Services in Sharjah, UAE
Many mall and retail leases link rent to the tenant’s sales, through percentage or turnover rent. Landlords and mall managers usually ask for an independent statement of gross sales, often called a turnover or sales certificate, to confirm the figures that rent is based on.
At Hussain Al Shemsi Chartered Accountants, we audit and certify retail sales for tenants, and verify tenant sales for landlords and mall management. Independent, accurate figures help avoid overpaying rent, prevent disputes and build trust between both sides.
Retail sales audits at a glance
- Purpose: independent verification of gross sales reported under a lease, franchise or other agreement.
- Common output: an audited statement of gross sales or a turnover certificate in the format the lease requires.
- Standards: an audit of a single statement under ISA 805, or agreed-upon procedures under ISRS 4400 (Revised), depending on what the landlord asks for.
- Typical periods: annual, with monthly or quarterly sales statements where the lease requires them.
- Key areas tested: point-of-sale data, returns and discounts, online and delivery sales, and exclusions defined in the lease.
How can we help you?
Get in touch with Hussain Al Shemsi Chartered Accountants for expert auditing, accounting, tax, and advisory services in the UAE.
- +971 50 3636231
Our Retail Sales Audit Services
Turnover and sales certificates
Audited gross sales statements in the format required by your landlord or mall.
Percentage rent verification
Checking that turnover rent is calculated correctly against the lease terms.
Landlord-side tenant audits
Independent reviews of tenant sales for mall management and property owners.
Franchise sales and royalty audits
Verifying sales reported to franchisors and the royalties based on them.
POS and sales controls review
Reviewing point-of-sale systems, cash handling and sales recording controls. See Internal Audit.
Rent dispute support
Independent sales analysis to help resolve disagreements over rent. See Arbitration Services.
Who We Work With
- Retail tenants in malls and shopping centres
- Food and beverage outlets on turnover rent
- Landlords, mall owners and property managers
- Franchise brands and franchisees
- Multi-outlet retail groups
- Airport and hotel retail concessions
What We Check
- Sales recorded in the POS system against the accounts
- Cash, card and online payment reconciliations
- Returns, refunds, discounts and voids
- Sales exclusions allowed under the lease (for example VAT or staff sales)
- Delivery-platform and online orders linked to the store
- Cut-off at the start and end of each period
Our Process
- Review the lease: we confirm how “gross sales” is defined and what the landlord requires.
- Plan: we agree the outlets, periods and reporting format with you.
- Test: we reconcile POS data, payments and accounts, and check exclusions.
- Report: we issue the certificate or report in the required format.
- Advise: we share observations on sales controls and lease reporting.
Why Choose Hussain Al Shemsi
- Chartered Accountants experienced in retail, F&B and franchise audits. Meet our team.
- Reports landlords accept, prepared to the format your lease requires.
- Fair to both sides: independent figures that reduce rent disputes.
- Based in Sharjah, supporting retailers and malls across the UAE.
Frequently Asked Questions
What is a retail sales audit?
An independent check of a retailer’s reported sales, usually to confirm the gross sales figure used to calculate turnover rent or franchise royalties.
What is a turnover certificate?
A statement of gross sales for a period, certified by an independent auditor, that many landlords and malls require from tenants paying percentage rent.
Why do landlords ask for audited sales?
When rent depends on sales, landlords need assurance that the reported figures are complete and accurate.
How is "gross sales" defined?
By your lease. Leases often specify what is included and what can be excluded, such as VAT, returns or staff sales, so we always start with the lease terms.
How often are sales certificates needed?
Usually annually, but some leases require monthly or quarterly statements as well.
Can you audit several outlets at once?
Yes. We can certify sales for multiple stores or brands and report per outlet as required.
Do you work for landlords as well as tenants?
Yes. We can certify a tenant’s sales or carry out independent reviews for landlords and mall management, depending on who appoints us.
Get Your Sales Certified
Talk to our team about turnover certificates or a retail sales audit for your outlets.
