“The purpose of the annual audit is to enable the auditor to express his opinion on the financial statements of the company that are prepared by the company’s management and presented for audit.”
“The auditor is to report as to whether the financial statements present a true and fair view and whether they have been prepared in accordance with the appropriate reporting framework.”
"Through comprehensive planning we take the time to fully understand each client and his business. In this manner we are able to identify the key areas and risks to which the business is exposed and focus our audit effort thereon. We take advantage of the control systems in place at our clients in order to provide a cost effective service. We add value buy making practical recommendations for improvements in control systems and reductions in inefficiencies. Regular communication with our clients ensures that issues are resolved as they arise and that there are no last minute surprises"."
“Internal auditing has significantly changed, both in nature and by definition, as compared to the traditional approach. Similarly, the role of the internal auditor has also been redefined from that of being a “policeman” or “fault-finder” to that of an “advisor”, “consultant” and “business partner”. Today, the internal auditor actually facilitates effective governance and achievement of the organisation’s business objectives.”
“Internal auditing is an independent, objective assurance consulting activity designed to add value and improve an organisation’s operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve effectiveness and risk management, control and governance processes.” (Institute of Internal Auditors)
Our core Internal Audit focus is on Business Risk and Control Reviews, Continuing Assurance/Compliance Audit, Business Process (Practice) Assessment and Operating and Accounting Manuals.