OUR AUDITING SERVICE

Auditing is an independent, objective assurance consulting activity designed to add value and improve an organization’s operations. It allows a company accomplish its goals with the aid of using bringing a systematic, disciplined method to assess and enhance effectiveness and hazard management, manipulate and governance processes. (Institute of Internal Auditors)

Internal Auditors monitor weaknesses within the management strategies that are in use and propose modifications to ameliorate any located weaknesses. Internal auditors ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection. Internal Audits are very valuable tools for assuring a business is following a correct path to growth and profitability. Internal Auditors reveal weaknesses in the management processes in use and suggest changes to ameliorate any discovered weaknesses. A company’s utilization of resources can be evaluated to promote most efficient consumption of resources.

Financial institutions and investors sometimes employ Internal auditors to ensure the financial support they provide is being properly utilized and that the risk to the investment is being managed.

Financial auditives (including taxation, misselling and other forms of fraud) to misstate banking information, auditing has become a legal requirement for many entities who have the power to exploit banking information for personal gain. Traditionally, audits were mainly associated with gaining information about financial systems and the monetary records of a company or a business. monetary audits are performed to ascertain the validity and reliability of information, as well as to provide an assessment of a system’s internal control. As a result, a third party can express an opinion of the person / organization / system (etc.) in question. The opinion given on financial statements will depend on the audit evidence obtained. A statutory audit is a legally required review of the accuracy of a company’s or government’s financial statements and records. The purpose of a statutory audit is to determine whether an organization provides a fair and accurate representation of its financial position by examining information such as bank balances, bookkeeping records, and financial transactions.