We specialize in providing Statutory Audit services, which involve a meticulous examination of financial statements, including verification of specific information, to determine if they are fairly stated and free of material misstatement. Our expertise also extends to Internal Audit, offering independent and objective evaluations to enhance operational effectiveness, risk management, and control processes. Additionally, we conduct Concurrent Audits to ensure accuracy, authenticity, and compliance with procedures through regular and substantial checking of financial transactions.
Statutory audit provides the highest level assurance.It is a methodical review and objectives examination of the financial statements, including the verification of specif- ic information as determined by the auditor or estab- lished by general practice. Our work includes a review of internal controls, testing of selected transactions, and communication with third parties. Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatement.
Internal Auditing is an independent, objective assurance and consulting activity designed to add value to and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Internal auditing achieves this by providing insight and recommendations based on analyses and assessments of data and business processes. We provide internal audit solutions which range from the total outsourcing of the internal audit function to outsourcing its supervision or setting out an independent internal audit function. this is extended to advising clients to make effective use of data mining tools and computer-assisted auditing techniques.
A concurrent audit is a systematic and timely examination of financial transactions on a regular basis to ensure accuracy, authenticity, and compliance with procedures and guidelines. The emphasis under concurrent audit is not on test checking but on substantial checking of transactions. Our work involves verification of all the documents and ensuring that they are placed safely on a daily basis. Our core aim is to check the efficiency and effectiveness of Internal control systems.