The purpose of periodic external audit is to enable the auditor to express an opinion on the financial statements of the company that are prepared by the company’s management and presented for audit. External audit is usually carried out for statutory purposes in compliance with the prevailing law and can be conducted only by registered audit and accounting firms.
An audit report is aimed at highlighting whether the financial statements prepared by an organisation present a true and fair picture, and if they have been prepared in accordance with the appropriate reporting framework.
Through comprehensive planning, we devote time to fully understand each client and the business. By this, we can identify the key areas and risks to which the businesses are exposed and hence focus our audit effort thereon. We plan our engagements based on an assessment of internal controls and resources at client organisations, which in turn helps us to provide cost-effective external auditing services. Our recommendations allow our clients to make practical business decisions leading to improvements in operations and thereby reducing inefficiencies. Regular communication with our clients ensures quick resolutions to matters of all types, thus ensuring issues do not become problems, leading to delivery of desired results.