Requirement for Submitting Financial Statements to DMCC Authority

According to the implementing regulations, a DMCC Member Company has to upload the auditor’s signed and stamped Audited Financial Statements Summary Sheet and the Audited Financial Statements Report via a designated online service request on the member portal within 180 days after the end of each financial year.

It is the responsibility of each DMCC member company to ensure that their appointed auditor is registered as an Approved Auditor with DMCCA.

Taking action to meet the DMCC Audit Deadline 2024

To meet the DMCC audit deadline for 2024, businesses must take proactive steps to ensure the timely completion of their audited financial statements. It is advisable to engage the services of a DMCC Approved Auditors well in advance to ensure a smooth and efficient audit process. Start preparing the annual financial statements for the financial year 2023 and ensure their accuracy and completeness. Additionally, familiarize yourself with the DMCC Member Portal, where you will need to submit an online request before the specified deadline.

How can MBG assist you?

The Statutory Audit team at MBG Corporate Services is dedicated to delivering service excellence that surpasses regulatory requirements. Our objective is to enhance transparency and foster stakeholder confidence in your organization. We adhere to globally recognized, risk-based audit practices in accordance with the International Financial Reporting Standards (IFRS).

Our audit services are adaptable and tailored to match your unique needs. The quality of our audits is upheld by a team of qualified professionals boasting extensive experience, continuously benefiting from the best ongoing personal and professional development opportunities. Our approach integrates stringent standards of professional independence and objectivity. Employing a well-refined methodology, we prioritize crucial risk areas, leveraging both technical expertise and practical insights, combined with a comprehensive understanding of your organization and the financial services industry in the execution of every Statutory Audit assignment.