An audit is an investigation of an existing system, report, or entity. Our audit team has experience in handling clients from different sectors, and has worked on numerous clients from both the public and private sectors. Our team will develop the audit approach as per the client’s needs. Our audit team has been providing service to a large number of clients ranging from small to large organisations including the government sector.
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Audit & Assurance
- Financial Audit
- Forensic Accounting/Audit
- Compliance Audit
- Tax Audit
- Information System Audit
- Statutory Audit
- Bank Audit
- Operational Audit
This is an analysis of the fairness of the information contained within an entity's financial statements. It is conducted by an audit firm, which is independent of the entity under review and it is the most commonly conducted type of audit.
Financial audits are one of the most common audits; our experience in financial audit is immense, with expertise in a wide range of sectors; both in the public and private sectors. We have developed a general approach for our financial audits that involves:
The work would normally involve an investigation into the financial affairs of an entity and is often associated with investigations into alleged fraudulent activity. Forensic accounting refers to the whole process of investigating a financial matter, including potentially acting as an expert witness if the fraud comes to trial.
What to expect
Our forensic accountants are highly qualified and independent professional; who have a thorough understanding of how these assignments should be managed.
The purpose of compliance audit is to express an opinion on whether the client has complied with rules, regulations and guidelines relevant to them. Compliance audits can also involve assessing the compliance of an entity to certain specific rule, guidelines standards that might be imposed by another organisation.
Due Diligence Review
Due diligence (also known as DD) is an information gathering activity. For due diligence assignment the scope will be determined jointly with the client’s requirements, and it has an important place in the decision-making tree. Our due diligence services are available for a wide range of sectors such as energy, medical, and construction.
This is an analysis of the tax returns submitted by an individual or business entity, to see if the tax information and any resulting income tax payment is valid. These audits are usually targeted at returns that result in excessively low tax payments, to see if an additional assessment can be made.
An information system (IS) audit or information technology (IT) audit is an examination of the controls within an entity's Information technology infrastructure. Our IT audit experts bring years of experience in their relative field, with a background of working with major private entities and public sector organisations.
Our scope of IS/IT audit is vast; however, the activities will mainly come under:
Statutory audit is the examination of an entity’s financial records in accordance with the requirement of the government. Certain entities must have a statutory audit, because they require government oversight.
A bank audit is a routine procedure designed to review the services of financial institutions to ensure they are in compliance with laws and industry standards.
Our Approach
Our audit approach has remained the same for all banks - regardless of location - to ensure uniformity and consistency.
Our audit approach is reviewed and updated at least annually to reflect quality improvements from our internal review process.
This is a detailed analysis of the goals, planning processes, procedures, and results of the operations of a business. The audit may be conducted internally or by an external entity. The intended result is an evaluation of operations, likely with recommendations for improvement.
Our Approach
We have developed a general approach for operational audits; which will be reviewed for each assignment and client: