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Crowe Horwath: Riding the wave of new transformation

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Crowe Horwath: Riding the wave of new transformation

Crowe Horwath was ranked as the sixth largest in the UAE and globally as the eighth largest accountancy network in 2017

A one-stop operation for auditing, tax counselling and IT-related tasks

Published: Thu 29 Mar 2018, 11:04 AM

Updated: Thu 29 Mar 2018, 1:16 PM

Dubai is going through a transformational phase with the introduction of the new tax regime. The new system obligates us to adhere to strict accounting discipline and envisages healthier financial structure of our organisations. Dubai is the financial and trade hub of the Middle East. The authorities facilitate and encourage free enterprise with several facilities and free zone areas, the Jebel Ali Free Zone Authority being the prominent one among them.
Throughout your journey of establishing a business, from local compliances to successful operations and growth of your organisation, you need a business companion such as audit and business advisory firms. These firms assist and facilitate you with information and guidance on every step of your growth journey.

The Company

Crowe Horwath is ranked among the top eight global accounting networks of independent audit and advisory services firms in the world (Source: International Accounting Bulletin). As one of the largest global professional service organisations, Crowe Horwath has 216 independent member firms and business associates operating from 764 offices around the world. Our 35,327 partners and staff, in 130 countries, are committed to quality service and to increase the profitability and competitiveness of their clients.
Each firm is well established as a leader in its national business community and is staffed by nationals, thereby guaranteeing a knowledge of local laws and customs, which is important to clients undertaking new ventures or expanding into other countries. Member firms and business associates are driven by a single purpose: helping clients succeed in whichever markets they operate, global or local. Clients have immediate access to a broad range of industry-specific expertise worldwide.
Crowe Horwath provides business solutions in the areas of statutory audit, company formations (offshore, free zone and mainland), feasibility studies and business plans, due diligence and business valuations, bookkeeping and information technology solutions, internal audit and business advisory, risk management, intellectual property, international tax, corporate finance, recruitment, mergers & acquisitions and corporate restructuring.  

A well-established network, dating back more than a century
In 2017, Crowe Horwath was ranked as the sixth largest in the UAE and globally as the eighth largest accountancy network.
The firm continually demonstrates a commitment to quality and provides an exceptional experience to those clients it serves. As a multidisciplinary practice, we offer unparalleled access to international expertise and talent. Our commitment, to the highest technical standards and integrity, ensures that our clients receive the most accurate and relevant advice.

The leadership

Crafting a success story in the land of gold involves sheer hard work and determination. James Mathew moved to Dubai in the year 1992 and started working as a Senior Auditor until 1996. A person of acute business acumen and leadership, he couldn't hold back from unleashing his entrepreneur skills for too long. Mathew joined Horwath Mak in 1996 as a Partner, which became a part of Crowe Horwath network in 2008. He carved his niche to be among the management leadership and today, he is the Group CEO of Crowe Horwath in UAE and Oman.
Dr. Khalid Maniar established Horwath Mak, the full-time member firm of Crowe Horwath, in the UAE in 1981. Over the years, Horwath Mak has become a force to reckon with in the UAE in the financial arena with multiple offices in the emirates. With the strong foundation laid by Dr. Maniar on ethical values and practices, the group today is the sixth largest network in the region led by Mathew as the  Group CEO.
Mathew is a powerhouse of knowledge about the practical applications of international auditing and accounting standards and international professional regulations. He takes responsibility for coordinating a range of advisory and support services that help companies enhance and develop strategically focused Corporate Governance, Statutory Audit and Internal Audit frameworks and processes. He has been widely published in Indian publications as well as the Gulf media.
In a career spanning over 25 years of professional experience, Mathew has been associated with illustrious names from the world of international business and governance. Recently, Mathew was elected to the Global Board of Crowe Horwath, being the first person ever from the MENA region to be elected to the prestigious Global Board of the eighth largest accounting and audit firm in the world.
He has served as the Secretary-General of IBPC during the year 2015-17. He was elected as the Chairman of Dubai Chapter of Institute of Chartered Accountants of India (ICAI) for the term 2012-13. ICAI Dubai is the largest chapter outside India and was adjudged as the 'Best Overseas Chapter' during his tenure.

Our services

Statutory Audit: It is an annual external audit legally required by the government to review the financial records of a company. It relies on the internal audit reports, verification of financial information, documents, and related stock validations

Internal Audit: The main obligation of internal auditors is to evaluate whether risk systems and controls in place within the firm are operating effectively to manage and mitigate risks. Such an independent evaluation of the organisation's control functions will go a long way in enriching the systems and procedures that are followed. Our internal audit services include internal audit outsourcing and co-sourcing, internal control analysis, enterprise risk management, corporate governance, standard operating policies and procedures, data analytics, fraud prevention and detection, forensic audit, external quality reviews of internal audit functions and training.

Taxation: Tax regulations are dynamic and ever-changing to accommodate trends. Globalisation requires adapting to the existing practices globally and locally, and our expertise is at your service in managing local (including VAT) and international tax.
Our Corporate advisory arms facilitate feasibility studies, due diligence, mergers and acquisition support services. While other services include business setup, company formation, intellectual property rights, ISO compliance, executive search and CFO services,

A cutting-edge solution for your journey of transformation

IT & VAT Advisory: Information Technology is often seen as both an opportunity and a challenge. The effectiveness of IT has become an absolute prerequisite for organisational growth and success. Our team of IT professionals will assist you to improve its IT effectiveness and develop right approach to remediate IT-related risks.
Our services also include VAT enablement and compliance, VAT automation, IT assurance, ERP implementation, business automation and transformation, cybersecurity, VAT training, IT Infrastructure, digital strategy and project management.

Connect with us at:
Suite 16309, LOB 16, Jebel Ali Free Zone
P.O Box: 262794, Dubai, UAE
Tel: +971 4 881 0902
E-mail: consult@crowehorwath.ae



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