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Risk & Assurance

Protect Your Business with a Robust Risk Framework

CashLaw Global's risk and assurance team identifies, assesses, and mitigates financial, operational, and compliance risks, before they become costly problems for your UAE business.

Who Needs Risk & Assurance Services?

Every business carries risk. The question is whether your frameworks are strong enough to contain it before it becomes a crisis.

SMEs & Startups

Growing businesses seek to strengthen internal controls, improve governance, manage operational risks, and build investor confidence.

Free Zone Companies

Companies operating within UAE free zones that require independent assurance, internal control reviews, and compliance with free zone regulatory requirements.

High-Growth Businesses

Rapidly expanding businesses require stronger governance, scalable internal controls, and independent assurance to support sustainable growth.

Multinational Subsidiaries

UAE subsidiaries of multinational groups requiring local assurance services, regulatory compliance, and reporting aligned with group governance and international standards.

Real Estate & Construction

Developers, contractors, and property management companies requiring project audits, internal control reviews, contract compliance, and financial assurance.

Healthcare & Professional Services

Healthcare providers, clinics, and regulated professional firms requiring robust governance, regulatory compliance, operational assurance, and financial reporting oversight.

The UAE Regulatory Framework

Understanding the legal landscape is essential to staying compliant and avoiding costly penalties.

Federal Law

UAE Commercial Companies LawFederal Decree-Law No. 32 of 2021

Requires companies to maintain proper accounting records, prepare financial statements, and comply with applicable corporate governance and financial reporting requirements.

AML/CFT

UAE AML/CFT FrameworkFederal Decree-Law No. 20 of 2018

Financial Institutions and Designated Non-Financial Businesses and Professions (DNFBPs) are required to implement risk-based AML/CFT programmes. We help businesses establish effective compliance frameworks and internal controls.

Free Zone

UAE Free Zone GovernanceCompliance & Governance

Businesses operating within UAE free zones must comply with applicable financial reporting, governance, and regulatory requirements. We assist organisations in strengthening internal controls and meeting ongoing compliance obligations.

COSO Framework

COSO Internal Control FrameworkCommittee of Sponsoring Organizations

We apply the COSO Internal Control Framework to evaluate and strengthen governance, risk management, and internal control systems, supporting organisations in building effective and sustainable control environments.

Our Risk Assessment Process

A clear, structured engagement from your first call to ongoing delivery.

1

Initial Consultation & Engagement

We begin with an initial consultation to understand your business, governance structure, operational environment, and the objectives of the engagement. Together, we identify the areas requiring review, discuss key risks and concerns, and define the scope of the engagement, whether it is a targeted internal audit, risk assessment, compliance review, or a broader assurance programme.

2

Risk Assessment & Audit Planning

Our team performs a preliminary risk assessment to understand your control environment, business processes, and key operational and financial risks. Based on our assessment, we develop a risk-based audit plan that outlines the objectives, scope, methodology, timelines, and resources for the engagement.

3

Fieldwork & Control Evaluation

We conduct the engagement by reviewing documentation, interviewing relevant personnel, evaluating internal controls, testing transactions and processes, and assessing compliance with applicable policies, regulations, and best practices. Our work is designed to obtain sufficient evidence while minimising disruption to your day-to-day operations.

4

Findings, Recommendations & Assurance Report

Upon completion of our work, we evaluate our findings and issue a comprehensive Internal Audit Report (or Assurance Report) that outlines identified risks, control deficiencies, observations, and practical recommendations. Each finding is prioritised according to its significance and supported by management action plans where appropriate.

5

Management Action Plan & Follow-Up Support

We work with management to discuss our recommendations, agree on corrective actions, and establish realistic implementation timelines. Where requested, we perform follow-up reviews to assess the effectiveness of remediation efforts and support the continuous improvement of your governance, risk management, and internal control environment.

Start Your Risk Assessment

Don't wait for a crisis to discover a gap in your controls. Our team conducts rapid, structured risk assessments and delivers an actionable remediation plan.

  • Risk assessment completed within 2 weeks
  • COSO-aligned risk frameworks
  • Fraud risk specialists on the team
  • Reports accepted by free zone authorities

Book a Risk Assessment

We respond within 24 hours. No obligation.

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