Audit & Assurance
01
External Audit Assistance
We help you assist with getting your accounts in line for ease in external auditing and finalization of account in accordance with prevailing law and amendments.
02
Process Audit & System Audit
Assuring the process and actual working are in accordance with the policy of the organization and help analyzing the organization on variances to avoid accumulation of discrepancies.
03
Internal Audit & Risk Assurance
Businesses face the pressure of outperforming with limited resources and every business function, including internal audit, is expected to bring value addition to the organization. In terms of reducing overall compliance costs or identifying cost containment opportunities by process improvement initiatives, management will look to internal audit to do their share.
04
Agreed upon procedure audit
An agreed-upon procedures engagement is an engagement in which an auditor is engaged to carry out those procedures of an audit nature to which the auditor and the entity and any appropriate third parties have agreed and to report on factual findings. The recipients of the report form their own conclusions from the report by the auditor. The report is restricted to those parties that have agreed to the procedures to be performed since others, unaware of the reasons for the procedures may misinterpret the results. For example, an agreed-upon procedures engagement may be commissioned by an entity which is acquiring another business. The entity may engage an audit to report on specific aspects of the business that it is buying.
05
Review of IFRS Financial Statements
Less extensive than an audit, but more involved than a compilation, a review engagement consists primarily of analytical procedures we apply to the financial statements, and various inquiries we make of your company’s management team. If the financial statements or supporting information appear inconsistent or otherwise questionable, we may need to perform additional procedures. A review doesn’t require us to study and evaluate your company’s internal controls or verify data with third parties or physically inspect assets. Rather, a review report expresses limited assurance in the form of the statement: “We are not aware of any material modifications” for the financial statements to be in conformity with the Generally Accepted Accounting Principles (GAAP). Reviewed financial statements must include all required footnotes and other disclosures.