Dhawal NandedkarManaging Partner
Practiced for more than 20 years, first as a financial consultant and then as a Chartered Accountant. He is fellow of the Institute of Chartered Accountants of India, also, a member of Chartered Institute for Securities and Investment. He is managing 2 Auditing Firm; Verico Auditing & Prudential Auditing. His firm has a good reputation for providing independent audit & compliance services by qualified auditors. Mr. Dawal contemporary auditing techniques are deployed and his auditors are aware of the latest developments in the industry. For him, the superior Audit Quality should be maintained by ensuring that all supervisors are qualified personnel. His Audit Managers hold qualifications ranging between CA, CPA, CMA, ACCA, CIMA, CFA or MBA.
Verico Auditing, an Audit Firm based in Dubai, UAE, providing a high quality of auditing and compliance services. Approved by the DMCC as a Compliance Auditor for responsible sourcing of valuable metals- the only non-Big 4 audit firm in the entire region.
Besides statutory audits and compliance audits, Verico conducts due diligence, prepares feasibility projections, assists mergers & acquisitions by carrying out business valuations, analyses and improves business processes, assists in training and recruitment and executes management audits.
Some niche areas in which Verico has proven its presence, besides the compliance procedures and audits are company formation & liquidation, providing services of surrogate finance managers, carrying out supply chain audits, procurement documentation and compliance assistance, reconciliation and arbitration settlement, accounting & installation of accounting systems and total project management including turnaround.
Strategically located in the UAE, with a presence in Sharjah, Fujairah, Abu Dhabi, and Ras Al Khaimah through its branches and associates, Verico is able to cater to clients in almost 40 free zones and the 7 Emirates. The firm’s practice extends to the GCC and beyond, including areas like Ethiopia, South Sudan, Bahrain, India, and Malaysia, where the firm has assisted clients.
The managing partner is in UAE since 2002 and has conducted audits for brokerage firms under the SCA (Securities & Commodities Authority), RERA (Real Estate Regulatory Authority) and under other statutory requirements. He is a fellow member of the Institute of Chartered Accountants of India and Verico boasts the presence of the highest number of fully qualified team members (CA or equivalent) proportionate to its overall strength, across all classes of audit firms.
The ethos of Verico can be summarised in two words – genuineness simplified.