We offer audit services which include:
Statutory Audits:
Our compliance department offers statutory audits which relate to reviewing company financial statements and forming an independent opinion as to the state of affairs of the organization.
Our audits are carried out in accordance with International Auditing Guidelines and the presentation of the accounts will be guided by International Financial Reporting Standards. Our audits are aimed at providing Value Added Services to our clients – i.e providing our clients with more than just a statutory audit.
We ensure that we are close to our clients and that we do not only appear at the year end to perform the statutory audit.
Our prompt response to clients adhoc queries is a value addition. Where we are to be retained to offer services stemming from such queries , we mutually agree with clients on standard engagement terms.
Internal Audits
We are retained by clients to review their organizations internal control systems and controls in order to assess their adequacy in safeguarding the company’s assets .We also review the clients’ operational risk and advise client on ways to mitigate the risk exposure. Often the internal control procedures we propose are documented in a manual.
Projects Audits
For profit and non profit organisations retain our firm to offer oversight on project funds . Multilaterals and bilateral organisations also retain our firm to review utilization of funds that have been advanced to implementing partners in Eastern Africa.We perform expenditure reviews and value for money audits.