What is an ADGM regulated audit?

An ADGM regulated audit is an independent examination of financial statements for entities registered in Abu Dhabi Global Market (ADGM) , conducted in accordance with International Standards on Auditing (ISA), ADGM Companies Regulations, and FSRA Rulebooks. These audits are designed to meet statutory filing requirements and withstand regulatory review by the Financial Services Regulatory Authority (FSRA).

Who needs an ADGM audit?

ADGM audits are required for: FSRA-regulated financial institutions and financial services firms ADGM-registered entities including holding companies , SPVs, and foundations Investment funds operating within ADGM Any entity subject to ADGM Companies Regulations audit requirements

What makes ADGM audits different from other audits?

ADGM audits operate under heightened regulatory scrutiny where financial reporting is subject to rigorous FSRA review, audit judgements are open to challenge, and inadequate documentation can lead to regulatory consequences. These audits require robust documentation, strong professional judgement, and are designed to withstand board, investor, and regulator scrutiny.

How long does an ADGM audit take?

The timeline varies based on the entity's size, complexity, regulatory classification, and business activities. Typical ADGM audits range from 4-8 weeks, though more complex regulated entities may require longer. We provide a detailed timeline during the engagement scoping phase.

How do you ensure audit quality for ADGM engagements?

Audit quality is maintained through documented processes, consistent application of professional judgement, engagement-level quality control procedures, regulatory-focused risk assessment , independent partner review, and adherence to professional standards and ethical requirements.

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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Why ADGM Audits Are Different
And Demand More

ADGM operates within a regulatory framework where:

Financial reporting is subject to rigorous review by FSRA

Weak governance and control failures carry direct consequences

Audit judgement is not just numbers, is open to challenge

Inadequate documentation leads to intensive regulatory consequences

Why ADGM Audits Are Different
And Demand More

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

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.