Statutory Audits, Interim audits, Internal control audits

Statutory Audits

• Conducting audits of Non-Governmental Organizations (NGOs), partnerships, proprietorships, clubs, co-operative societies and charitable organisations in accordance with the International Standards on Auditing (ISA) and the relevant laws and requirements pertaining to each type of business.
• Ensuring clients prepare accounts in accordance with the International Financial Reporting Standards (IFRS), IFRS for SMEs or their bespoke accounting framework.
• Analysis of the business risks.
• Identifying areas of improvement and making practical recommendations.

Interim audits

• Preparing of interim financial statements.
• Reviewing internal control systems prior to the statutory audit.
• Making recommendations for improvement.

Internal control audits

• Critical reviewing of record keeping and internal control systems.
• Evaluation of organization structure to ensure that it is conducive to good corporate governance.
• Ascertaining that business risks are effectively managed.