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ADGM Audits Built To Withstand Regulatory Scrutiny

ADGM Audits Built To
Withstand Regulatory Scrutiny

In the ADGM ecosystem, financial reports are never in isolation. They are subject to board and audit committee scrutiny, relied upon by investors, and ultimately subject to regulatory review. As an ADGM-registered audit firm, KPI delivers FSRA-compliant audit services to regulated entities and other entities. Our audits are designed to meet statutory filing requirements and are prepared with regulatory review in mind.

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ADGM operates within a regulatory framework where:
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Financial reporting is subject to rigorous review by FSRA
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Weak governance and control failures carry direct consequences
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Audit judgement is not just numbers, is open to challenge
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Inadequate documentation leads to intensive regulatory consequences
Why ADGM Audits Are Different
And Demand More
Why ADGM Audits Are Different

ADGM Regulated Audit Services

KPI provides audit services to ADGM registered and FSRA regulated entities in line with

We follow a risk-based audit methodology, prioritising regulatory and financial significance over audit volume. Audit quality is supported by documented processes and consistent application of professional judgement.
01.
ADGM Companies
Regulations, as amended
02.
FSRA Rulebooks and
prescribed reporting requirements
03.
International Standards on Auditing (ISA)

KPI provides audit services to ADGM registered and FSRA regulated entities in line with

Our Audit Approach
Step One
Entity specific risk assessment
Step Two
Regulatory focused risk
prioritisation
Step Three
Judgement-driven audit execution
Step Four
Testing of key controls and
balances
Step Five
Documentation
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Step One

Entity specific risk assessment

We begin with a detailed assessment of the entity’s regulatory classification, business model, and control environment to identify areas of highest risk.

Who We Audit in ADGM
Our audit services are designed for entities where clarity, precision and regulatory certainty are required including:
  • FSRA regulated financial institutions or financial services firms
  • ADGM registered entities including holding companies, special purpose vehicles (SPVs) and foundations
  • Investment funds
Scope of audit and depth are proportionate to regulatory risk and supervisory focus.
ADGM Experience From The Early Years

KPI was the first audit firm registered with ADGM and has been involved in the ADGM-regulated entities audits from the jurisdiction’s initial years. This longstanding presence provides us with deep understanding, practical insight into regulatory expectations and how audit challenges have emerged in ADGM entities over time.

Why ADGM Entities Trust KPI

Regulatory Familiarity

Deep understanding of FSRA expectations without introducing
unnecessary complexity

Independent Judgement

Balanced, objective audit opinions that withstand regulatory
and stakeholder challenge.

Clear Communication

Audit findings communicated clearly to management, boards,
and key stakeholders.

Professional accountability

Consistently high standards of confidentiality, discipline, and
audit integrity.

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Discuss Your ADGM Audit Requirements

If you have any questions regarding audit of ADGM registered entities,
please reach out to us for assistance.

FAQs

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