RAA Auditing - Audit & advisory for ambitious UAE businesses

industries we serve

Aviation

Audit and financial reporting support for aviation-related entities and asset holding structures.

Overview

High-value assets, complex contracts - audit support that keeps pace with the sector.

The aviation sector combines high-value assets, complex contracts and significant operational risk. Whether an entity holds aircraft, provides aviation-related services, manages leasing arrangements or supports regional operations, the financial reporting can involve material estimates and judgement.

RAA supports aviation-related businesses with audit and assurance services that focus on the areas that matter: asset valuation, impairment, lease accounting, maintenance obligations, financing, revenue recognition, foreign currency and related party arrangements. Our approach is designed to provide stakeholders with confidence that the financial statements are supported by appropriate evidence and professional challenge.

We understand that aviation clients often require efficient coordination with owners, operators, financiers, legal advisers and group reporting teams. Our objective is to deliver a responsive audit process while maintaining the rigour expected under international auditing standards.

Typical Client Needs

Audit of aircraft holding or leasing entities

Reporting for owners, financiers, lessors and management

Support for aviation service and support businesses

Clear treatment of high-value assets, leases and maintenance obligations

Key Audit Considerations

Aircraft valuation, useful life, residual value and impairment

Lease accounting and right-of-use arrangements

Maintenance reserves, provisions and componentisation

Revenue recognition for charter, service or support contracts

Insurance, financing, foreign currency and related party arrangements

How RAA Can Help

Risk-focused audit of high-value aviation assets and contracts

Review of lease, financing and maintenance-related accounting

Financial statement disclosures for aircraft and related obligations

Audit readiness support for holding or operating entities

Contact RAA for audit support for aviation-related entities and asset structures.

Free initial consultation

All major UAE free zones

Fast response time

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