About Statutory Audit & Assurance Services…

One of the principal objectives in carrying out an audit is to express an opinion on the financial statements prepared by the client. In performing the work required to reach these opinions, we gain valuable insights into various businesses and are able to provide commentary and constructive feedback to management.
Our audit approach requires us to concentrate our effort on control and key risk areas enabling us to provide a straight forward, cost effective audit.
Effective planning which varies from industry to industry is essential to the success of each audit. Our planning processes address the following key issues:

• » Establishing an audit scope;
• » Selecting and deploying the right staff;
• » Reviewing the existing systems and procedures and ascertaining whether the same are being consistently adhered to;
• » Determining the key risk areas and other issues which are critical and therefore influence the direction of our work;
• » Setting out a programme for the audit field work;
• » Regular communication with management ;

Our audit field work reflects the need for a straight forward, cost-effective audit and is based on the following key principles:
Placing a degree of reliance on a review of operations based on internal controls, management accounts and existing management information systems
- Focusing audit effort on risk and problem areas identified by our review and by management; reviewing internal audit reports and placing maximum reliance on work carried out by internal audit teams where they are in operation, particularly where no untoward incidents are reported.
One of the most important factors in ensuring that our audit achieves its objectives is effective communication with management, for which purpose we endeavour to:
 Hold meetings with client/management round the year to discuss changes within or diversification by the company and the areas with which they have particular concern
 Discuss with management the findings of our interim audit and the reports of the internal auditors.
 Meet with management and those charged with governance during and after our final audit in order to ensure that the accounts prepared by the client are true and fair and all required provisions for business liabilities and taxation are properly made.
Let us help you in providing assurance on your financial statements that enable you to manage your business growth with confidence.