Auditing profession in United Arab Emirates

Purpose – The aim of this paper is to provide a detailed review on the issues that cover the auditing Law 22 of 1995 regarding organization of the auditing profession in the United Arab Emirates (UAE). Design/methodology/approach – The discussion revolved around different issues covered by the above law; those issues include the schedule of auditors and conditions for entry therein, procedures for entry in the schedule of auditors, audit higher commission, rights and duties of auditors, accountability and discipline of auditors, penalties and general and final provisions. Findings – From this review, one can say that this law provides relatively detailed rules and regulations in becoming an auditor. All auditors working in the United Arab Emirates are subject to this law, which is to be followed in order to function legally. To practice accounting, rules should be strict and clear; therefore, this law ensures that all residents applying are legitimate public accountants and auditors. Originality/value – This article highlights to the readers, in particular students and practitioners, the relevant analysis of the requirements of practicing the audit function in the UAE.