Our audit team provides financial and forensic auditing services in a comprehensive way to all kinds of businesses, companies, and non-governmental organizations. The firm uses tailor made audit programs to suit the individual organization and carries audit quality assurance with reviews, discussions and recommendations with continuity and follow up to ensure controls are in place and being followed by the management.
This is done with confidentiality, professionalism and integrity to ensure advice is implemented and owned by the recipients.
We can undertake the following types of audits for you:
a). Statutory audit
- Conducting audit in accordance with the International Standards on Auditing (ISA)
- Ensuring clients prepare accounts in accordance with the International Financial Reporting Standards (IFRS)
- Identifying areas of improvement and making recommendations
- Conducting audits of private companies, Non-Governmental Organizations (NGOs), clubs, co-operative societies & charitable organizations.
b). Systems audit
- Reviewing of accounting software systems.
- Evaluating and testing the operation of the system.
- Highlighting observations and making recommendations.
c). Internal audit
- Critical reviewing of books of accounts and internal control systems.
- Evaluation of organization structure to ensure that it is conducive to good corporate governance.
- Ascertaining that business risks are managed effectively.
d). Stock audit
- Physical verification of stocks.
- Evaluating of stock control system.
- Getting explanation between the stock records and the physical stock.
- Review of the management controls over the stock.
e). Forensic audit
- Carrying out confidential investigative audits.
- Calculating and quantifying losses and economic damages.
- Assessing accounting systems and accounts presentation in the aftermath of fraud.
f). Interim audit
- Preparing of interim financial statements.
- Reviewing internal control systems prior to the statutory audit.
- Advising the management on areas of weaknesses noted during the audit and our recommendations for improvement.