Risk Advisory

Internal Audit & Compliance

Our internal audit and compliance services provide an independent and objective assurance and are designed to add value and improve an organization’s operations.

Our services include:

  • Outsourced and Co-sourced Internal Audit
  • Set-up of Internal Audit function
  • Operational Efficiency Reviews
  • Compliance Reviews
Corporate Governance

With the ever increasing focus on corporate governance, ARDENT professionals are able to support you in achieving best in-class governance standards.

Our services include:

  • Design & Review of Governance Framework
  • Board and Board Committee Assessments
  • Family Business Governance
Risk Management

ARDENT can assist financial and non-financial institutions to evaluate and implement sound risk management practices.

Our services include:

  • Set-up of Enterprise Risk Management Function
  • Enterprise Risk Assessment
  • Operational Risk Assessment
Forensic Services

We assist organizations in taking pre-emptive actions to prevent economic crime and disputes, as well as with post fraud investigations.

Our services include:

  • Fraud Prevention and Detection
  • Fraud Risk Assessments
  • Revenue Leakage Assessment
  • Anti-Money Laundering (AML) Reviews
  • Whistle Blowing Services
Accounting & CFO Services

We assist organizations with enhancing the effectiveness of their accounting and finance functions with tailor-made accounting & CFO services such as:

  • Secondment Services
  • Budgets and Forecasts Preparation
  • Financial Analysis and Modeling
  • Bookkeeping and Preparation of Financial Statements
In-Country Value Program (ICV)

ADNOC has launched an In-Country Value (ICV) program to provide an impetus to the country’s economy by supporting local businesses. An extension of ADNOC’s 2030 strategy, the program aims to propel economic diversification and employment opportunities for UAE nationals and ARDENT is delighted to be part of ADNOC’s vision.

ADNOC strongly encourages its suppliers to undertake an ICV evaluation process to obtain an ICV certification. While it is not compulsory to hold an ICV certificate to participate in ADNOC Group tenders, suppliers with an ICV certificate will have an advantage during the tendering process (suppliers without the certificate will be considered to have 0% ICV). ARDENT is proud to be accredited by ADNOC for awarding this certificate.

ADNOC has provided its suppliers with a Submission Template. This template should be populated by data from the suppliers’ audited financial statements with information mostly available through their ERP / Accounting system. ARDENT will perform a standard set of procedures prescribed by ADNOC on the populated data and issue a factual report with the ICV certificate with a validity of 18 months. We encourage the suppliers to complete the attached questionnaire to enable us to assess the effort and complexity for the certification to provide a competitive fee and accurate timeline for completing the certification work.

For suppliers submission template and guidelines click here

Corporate Overview

ARDENT is a UAE headquartered advisory firm, with a targeted focus on the GCC region. The firm’s partners and directors bring over 100 years of cumulative advisory and investment experience in the region. Our client centric business model, local expertise and extensive industry knowledge consistently creates and adds value to our clients.

Team

The ARDENT senior management has built its strong skills and expertise from serving the Big 4 professional service firms in diverse industries across GCC.

Other Services
Industry Expertise
  • Governments
  • Construction & Real Estate
  • Healthcare
  • Education
  • Financial Services
  • Retail & Consumer
  • Oil & Gas
  • Manufacturing
Clients
  • Government Entities
  • Private Family Offices
  • Institutional Investors
  • Corporates/SME’s
  • Private Equity
Geographic reach
  • UAE
  • Saudi Arabia
  • Oman
  • Bahrain
  • India
ICV Questionnaire

Please email the completed questionnaire to us on icv@ardentadvisory.com

or

For ICV related queries call us on 0565017275

indexpertise
Industry Expertise

ARDENT is founded by functional specialists with relevant industry experience in the region advising a wide range of businesses.

Copyright 2017. ARDENT Advisory and Accounting