RSM Kuwait

Assurance

Audit adds credibility to your financial information and gives you the added value of experienced observations and advice. We view the audit process as a vehicle for continuous improvement.

A quality audit reveals useful information that can help in the future. Our methodology blends our technical competencies with a detailed knowledge of the client, its markets and industry sector. We meet with our clients regularly and know the industry in which they operate. We can serve as advisors, identifying problems and opportunities and recommending ways to respond.

Our audit approach is determined by the assessment of the client systems and controls and our assessment of risk. It is our general approach to seek to place reliance on management controls for all high risk material account balances. It is our policy to understand the controls operating on all high risk balances or assertions and identify issues to report to management.

Our services include:

Audit
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statements presentation.

Review
A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit.

Compilation
A compilation engagement would ordinarily include the preparation of financial statements (which may or may not be a complete set of financial statements) but may also include the collection, classification and summarization of other financial information.

Agreed Upon Procedures
To carry out certain procedures for which the auditor, entity and appropriate third parties have agreed and to report factual findings.

Quality
We hire most competent people who are professionally qualified. We invest heavily in training and tools that ensure consistency, objectivity and accountability resulting in strict compliance with professional standards. We have quality assurance and risk containment policies to ensure that the audit is conducted in accordance with International Standards on Auditing. We have in-house peer review and international inspection program to monitor adherence to the highest professional standards. Our partners and managers are actively involved in the job and seek active dialogue with your senior management.

Timelines
Early planning and staffing are our keys to deliver timely results, use of technology to save time and enhance efficiency.

Integrity and objectivity
We demand compliance with the profession's ethics and independence standards. We have independence and relationship policies regarding ethical behavior and vigilant control systems.

How can we help you?

Contact us by phone  +965 2296 1000 or submit your questions, comments, or proposal requests.

Email us