An external auditor is a legal person licensed by the competent department at Ministry of Economy and Commerce or registered at Qatar Financial Center (QFC) to carry out the works of revision and audit of financial statements and reports, to express an opinion in accordance with rules and principles of the profession and the International Standards on Auditing (ISA) or auditing standards relating to Islamic financial institutions; and to confirm whether those financial statements are free of fundamental mistakes; as well as the liquidations. 

External auditors who are eligible to carry out external audit for the listed entities and entities subject to the QFMA’s jurisdiction shall register in the QFMA external auditors’ list.

• Link: QFMA External Auditors’ List

​​

Currently, there are no fees for registering an external auditor.

For the purpose of registration in the QFMA external auditors’ list, the external auditor shall meet the requirements stipulated in Articles (3, 4, and 5) of the Rules for External Auditors and Financial Evaluators of Listed Entities & Entities Subject to the Authority’s Jurisdiction.

For registration in the QFMA external auditors’ list, applications shall be submitted on the form prepared for this purpose by the QFMA. The application shall be complete and attached by all required documents.

The QFMA shall issue its decision on the registration application within a period not exceeding ninety (90) days effective from the date of submission a complete application.

• ​ External Audito​r Registration Form – New Registration
• External Auditor Registration Form – Renewal​

Financial evaluation means preparing evaluation studies for listed entities and entities subject to the QFMA’s jurisdiction, or entities wish to be listed, or unlisted companies to be merged with listed company, a subsidiary of a listed company or merging a listed company for the purpose of listing in the financial markets in order to increase capital, Initial Public Offerings (IPOs), private offering, acquisition, merger, restructuring or any other purpose may be considered by the applicant entity for evaluation. 

No person shall conduct financial evaluation for any process related, directly or indirectly, to listed entities or entities subject to the QFMA’s jurisdiction, unless registered in the financial evaluators’ list prepared for this purpose by the QFMA.

• Link: QFMA Financial Evaluator​s’ List​

​

Currently, there are no fees for registering a financial evaluator.

For the purpose of registration in the QFMA financial evaluators’ list, the financial evaluator shall meet the requirements stipulated in Articles (14) of the Rules for External Auditors and Financial Evaluators of Listed Entities & Entities Subject to the Authority’s Jurisdiction.

For registration in the QFMA financial evaluators’ list, applications shall be submitted on the form prepared for this purpose by the QFMA. The application shall be complete and attached by all required documents as per Articles (13,14,15) of the Rules for External Auditors and Financial Evaluators of Listed Entities & Entities Subject to the Authority’s Jurisdiction.

Link: Rules for Ex​ternal Auditors and Financial Evaluators of Listed Entities & Entities Subject to the Authority’s Jurisdiction - QFMA

The QFMA shall issue its decision on the registration application within a period not exceeding ninety (90) days effective from the date of submission a complete application.