RSM Kuwait

Assurance Services

Our assurance and internal audit services add credibility to your financial information and give you the added value of experienced observations and advice. We view the audit process as a vehicle for continuous improvement, offering you true security at the core of your organization.

A quality audit reveals crucial information that your business can benefit from in the future. Our methodology blends our technical competencies with a detailed knowledge of our clients, their markets and industry sectors. We meet with our clients regularly and know the industries in which they operate. Our assurance advisory team identify problems and opportunities and recommend both proactive and reactive ways to respond.

Our audit approach is determined by our assessment of the client’s systems and controls and our assessment of risk. Generally speaking, we seek to place reliance on management controls for all high-risk material account balances. Our policy looks to understand the controls operating on all high risk balances or assertions and identify the key 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. Internal audit services and statutory pensions audit are both included within our audit advisory.

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 highly skilled financial consultants who are professionally qualified. We invest heavily in training and tools that ensure consistency, objectivity and accountability across all of our teams, 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 programs to monitor our work, ensuring we reach the highest professional standards. Our senior partners and managers offer active participation within our assurance services and will seek active dialogue with your senior management where possible.

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

Integrity and objectivity
We demand compliance with our ethics and independence standards. We have independence and relationship policies regarding ethical behavior and vigilant control systems which we expect all of our staff to adhere to.

Fraud solutions

Our forensic team can help with a variety of matters relating to dispute services and investigations, producing proactive and bespoke fraud solutions for our clients.

Technology risk solutions

With technological advancement key to the development of any business, our technology risk solutions team can help your business identify and manage the IT risks that your business faces, enabling you to overcome issues before they’ve had chance to develop.

 

If you have any questions about how our assurance services could benefit your business, do not hesitate to contact us today.

How can we help you?

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

Email us