Auditing Services

We are pleased to offer the clients accurate Auditing Services. These Auditing Services are provided by the intelligent Auditing Employees, who have thorough knowledge of all accountancy, financial and legal aspects. We emphasize on building an internal control system to reduce the risk of omissions and errors. Furthermore, we can render specific management Auditing Services as required by the customers.
In addition, we render Internal Audit Services of the clients’ business. These Auditing Services are conducted as per the requirements of the clients in order to provide them accurate information about their financial status. Our Auditing Services also enable the clients reach the required level of compliance as mandated by legislation.
Our Auditing Services Include

• Project management
• Performing key controls testing
• Assisting Corporate to document and evaluate internal controls
• Providing assistance in developing Internal Control Framework
• Providing assistance in developing Risk Management Framework
• Training personnel on internal audit function, and methods of documenting controls

 
Our Methodology
Based on the risk assessment of the organizations, our internal Auditors, Management and Oversight Board determine where to focus Internal Auditing efforts. These Auditing Services are generally conducted on one or more discrete projects. Typically the internal audit project involves the following steps :

• Establish and communicate the scope and objectives for the audit to appropriate management
• Develop an understanding of the business area under review. This includes objectives measurements, and identifying key transaction types. This involves review of documents and interviews. Flowcharts and narratives may be created if necessary
• Identify control procedures used to ensure that each key transaction type is properly controlled and monitored
• Develop and execute a risk-based sampling and testing approach to determine whether the most important controls are operating as intended
• Report problems identified and negotiate action plans with management to address the problems
• Follow-up on reported findings at appropriate intervals. Internal audit departments maintain a follow-up database for this purpose
• By analyzing and recommending business improvements in critical areas, auditors help the organization succeed. In addition to assessing business processes, specialists called Information Technology (IT) Auditors review information technology controls