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Who We Are | Financial Audit Authority | UAE

About
Us

The Authority was established by virtue of law no. 4 of 2018 as an independent public authority with a mandate to audit public funds, promote accountability, transparency and integrity. The Authority provides innovative professional  services that add value, build trust and support the realization of Dubai's vision.

WHO WE ARE

Independent Public Authority with a mandate to audit public funds, promote accountability, transparency and integrity.

OUR VISION

A Leading authority in promoting transparency, accountability, integrity and governance excellence in the use of public fund

OUR MISSION

Providing independent, objective, and timely oversight of public resources to ensure accountability, compliance, and optimal performance in operations and financial reporting of subject entities

Our
Values

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Transparency

We show openness, honesty and accountability in every situation to enable trust through excellence in the reporting of our performance.


Excellence

We strive to apply the highest quality standards in the performance of our business an​d aim to achieve our strategic objectives.


Independence

Our auditors provide an objective opinion free from bias.​

Innovation

We encourage our people to think of new, in​novative and creative ways to deliver high quality solutions and create value for the Government of Dubai.​


Professionalism

We build strong foundations for audit thr​​ough trust, integrity and the excellence of our people.

Our
Strategy

Strategic Pillars
Strategic Enablers

  • Delivering on Stakeholders Expectation

  • Performing Value Added Services

Description

Increasing our support for effective accountability and scrutiny through providing timely information on critical financial & compliance issues and
assessing entities performance and value for money activities

Objectives

Give Reasonable Assurance to the Stakeholders on Compliance with Rules and Regulations, Performance and Operational Activities, and Financial Reporting On the Use of Public Funds.

Promote Accountability and Governance Practices by Enhancing Risk Management, Compliance, Internal Controls and Audit Practices

Strengthen Financial and Administrative Integrity through Effective Investigation of Violations

Enhance Auditees’ Confidence through Transparent Insights and Collaborative engagement


Description

Enhance financial and operational performance through cost effective and efficient solutions

Objectives

Providing process and procedural improvement recommendations that meet business needs.

Developing and fostering a better financial risk management environment.

Providing assurance and or consultancy services that focuses on revenue enhancement opportunities and potential cost saving opportunities.

Provide advise and consultation on best practices in the areas of governance, risk, and controls.

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Description

Enhance financial and operational performance through cost effective and efficient solutions

Objectives

Establishing Effective and Sustainable Partnerships

Promote Integrity, Transparency, and Ethical Practices

Support Auditees’ through Offering Specialized Advisory Services

Promote Learning, Knowledge Sharing, and Capability Building among External Stakeholders

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  • Developing Our People

  • Improving Our Processes

Description

Develop motivated, skilled and experienced team responsive to stakeholders' needs, while encouraging innovation and maximizing use of new technology.

Objectives

Enhance Employee Skills and Promote Continuous Learning

Attract and Retain Skilled and Knowledgeable Talent

Elevate Employee happiness, Well-Being and Mental Health


Description

Implement best practices and monitor, measure, and enhance audit quality and performance.

Objectives

Foster continuous improvement in business process management

Foster Advanced Technology and Innovation in Auditing and Internal Business Processes

Optimize FAA Resource Allocation

Strengthen compliance with cybersecurity standards and ensure business continuity


Establishment Law

Law No. (4) of 2018 Establishing the Financial Audit Authority

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