Our approach is proactive, and our audit plan is designed to provide reasonable assurance that the financial statements are not materially misstated and are presented fairly in accordance with applicable accounting standards as well as relevant statutory requirements. Our affiliation with RSM International enables us to participate in multi-country and cross border audit and other assignments.
International Audit Standards
We use auditing techniques developed by RSM International. These techniques, which comply with international auditing standards, have been tried and tested internationally.
In brief, we review risk and materiality in each area of the audit so that we focus on those areas most relevant to the substantiation of our eventual audit opinion. This approach ensures that we carry out a timely and efficient audit, avoiding areas which are neither material nor of high risk.
Our audit services include:
We perform an audit of a company’s financial statements to comply with statutory requirements and other stakeholders (stockholders, lenders, suppliers).
We provide compilation of information and documents that are sometimes required in a legal or tax disputes and the issuance of a statement assuring the completeness of the documents gathered and the summarized information.
We perform analytic review of financial statements and interviews with the Management, Chief Accounting Officers and Accounting personnel to render opinion that there are no material misstatements in the financial statements
We perform agreed upon procedures with the investors mainly to validate the assets, search for unrecorded liabilities of targeted companies and assure the proper recognition of revenue and expenses.
We render advisory services on compliance with PFRS, accounting implications and effect on their financial statements of a complex business transaction on a retainer or per project basis.
We help in providing certification work on certain accounts in the balance sheet and/ or income statements to comply with regulatory requirements.