Audit License in UAE is issued by the Ministry of Economy (MoE). The requirements for obtaining an audit license vary depending on the jurisdiction.

In general, however, the requirements for getting an audit license in the UAE include:

• A bachelor’s degree in accounting, finance, mathematics, or a related field.
• A master’s degree in accounting or business administration with a major in accounting.
• Having passed the mandatory exams in international financial reporting standards (IFRS), international standards in auditing (ISAs), and UAE tax and regulation.
• Having at least 5 years’ experience in auditing.
• Having a valid practicing certificate from a recognized professional body.
• Certificate of equivalency.

1. UAE Certificate in International Auditing (Part of the UAE Fellowship Program)

Key information

• UAE Certificate in International Auditing
• Duration of this course is 25 Hours and course can be accessed upto 24 months.
• Price of this course is 255 GBP (AED 1,080) & Exam Center by British Council Fee 95GBP (AED 400)
• The Certificate is made up of 14 modules
• The course is designed for your participation in the UAE Fellowship Program
• On completion of the assessment with a pass of at least 60% a letter of credit for the UAE Fellowship will be awarded together with your certificate
• The 2 hour assessment consists of 70 questions undertaken online at a local assessment centre (to be arranged after registration)
• By purchasing this version of CertIA you have pre-purchased unlimited assessment attempts.
• Your online invigilated assessment will be conducted in the UAE under the supervision of the British Council

Course Contents

Module -1     Auditing Standards

Module -2     Overall Objectives

Module -3     Audit Documentations

Module -4     Planning an Audit of Financial Statements

Module -5     Identifying and Assessing Risks of Material Misstatement

Module -6     Responses to Assessed Risks

Module -7     Fraud in An Audit of Financial Statements

Module -8     Audit Evidence

Module -9     Substantive Procedures and Selecting Items for Testing

Module -10     Specific Items

Module -11     Internal Audit

Module -12     Completion and Review

Module -13     Forming an Opinion and the Independent Auditor’s Report

Module -14     Modified Opinions

2. UAE Certificate in International Financial Reporting (Part of the UAE Fellowship Program)

Key information

• UAE Certificate in International Financial Reporting
• Duration of this course is 20 Hours and course can be accessed upto 24 months.
• Price of this course is 255 GBP (AED 1,080) & Exam Center by British Council Fee 95GBP (AED 400)
• The Certificate is made up on 13 modules
• The course is designed for your participation in the UAE Fellowship Program
• On completion of the assessment with a pass of at least 60% a letter of credit for the UAE Fellowship will be awarded together with your certificate
• The 2.5 hour assessment consists of 70 questions undertaken online at a local assessment centre (to be arranged after registration)
• By purchasing this version of CertIA you have pre-purchased unlimited assessment attempts.
• Your online invigilated assessment will be conducted in the UAE under the supervision of the British Council

Course Contents

Module-1     The International Accounting Standards Board & IFRS Accounting Standards

Module -2     IFRS Accounting Standards – Global Convergence & Continued Development

Module -3     Revenue, Presentation & Profit

Module -4     Accounting for Non-Current Assets

Module -5     Accounting for Assets, Impairment and Grants

Module -6     Accounting for Leases and Specialized Assets

Module -7     Accounting for Financial Instruments

Module -8     Accounting for Liabilities

Module -9     Consolidated Financial Statements

Module -10     Accounting for Associates, Joint Arrangements & Foreign Currency

Module -11     Disclosure Standards and First Time Adoption

Module -12     IFRS Accounting Standards and Other Reporting Frameworks

3. UAE Tax and Regulation Certificate (Part of the UAE Fellowship Program)

Key information

• UAE Tax & Regulation Certificate
• Duration of this course is 24 Hours and course can be accessed upto 24 months.
• Price of this course is 355 GBP (AED 1,501) & Exam Center by British Council Fee 95GBP (AED 400)
• The Certificate consists of 7 modules in Part A and 7 modules in Part B.
• The Certificate has been designed for participants in the UAE Fellowship Program.
• For frequently asked questions regarding the Fellowship Program, please refer to the information available here.
• The assessment will take 2 hours and will consist of 70 online questions.
• The assessment will be conducted at a local assessment centre, in the UAE, under the supervision of the British Council.
• When you purchase this version of the Tax and Regulation Certificate, you will receive unlimited attempts to complete the assessment.
• Following the assessment, candidates will not have access to copies of the questions and answers.
• To facilitate speedy re-registration and allow for the possibility of retaking the assessment within the same exam session, unsuccessful attempts by learners will be removed from the system after seven days.

Course Contents

Part A:

Module – 1    Business Environment

Module – 2    Business Entities

Module – 3    Commercial Organizations

Module – 4    Value Added Tax

Module – 5    UAE's Role in Global Tax Governance

Module – 6    International Dispute Resolution

Module – 7    Exchange of Financial Account Information

Part B:

Module – 8    History of Taxes and Taxable Companies and Businesses

Module – 9    Tax Base and Taxable Income

Module – 10    Deductions and Exemptions

Module – 11    Transfer Pricing

Module – 12    Filing Returns, Estimates, and Administrative Compliance

Module – 13    Anti-Abuse Measures and Administrative Penalties

Module – 14    Special Entities