Document background
An Audit Proposal is a formal document used to initiate professional audit services in the United Arab Emirates, prepared in compliance with UAE Federal Law No. 12 of 2014 and related regulatory requirements. This document is typically prepared by licensed audit firms when responding to audit tender requests or approaching potential clients for statutory, voluntary, or specialized audit services. The proposal outlines the audit firm's understanding of the client's requirements, proposed methodology, team structure, timelines, and commercial terms. It must adhere to UAE audit regulations while incorporating international audit standards and best practices. The document serves as the initial step in establishing an audit engagement and demonstrates the audit firm's capabilities, independence, and professional approach to delivering audit services.
