Auditing

Accounting is the backbone of every successful business organisation. The accounting process involves recording, interpreting, classifying, analyzing, reporting, and summarising financial data.

Internal Auditing

Internal Auditing is monitoring activity on the adequacy and effectiveness of the accounting and internal control. Accurate Accounting can provide a qualified internal Audit professional with the below services:

  • Supervision and review the work of accounting staffs
  • Ensuring all revenues earned and expense incurred during the period has been properly recorded
  • Examine all payments are made with supporting documents and proper authorization
  • Check sales invoices are made with the correct price, quantity, and quality as per sales order
  • Reconciliation of balance sheet accounts
  • Inventory control
  • Evaluation of existing internal control system if necessary suggesting a new internal control system
  • Providing an internal audit report monthly with recommendations

External Auditing

Accurate Accounting facilitates statutory auditing for your company through our trusted associates. Below are the core benefits of the statutory audits:

  • To make sure that the financial statements are prepared and presented as per the IFRS (International Financial Reporting Standards) and IAS (International Accounting standards).
  • To give assurance to the financial institutions, banks, regulators, and stakeholders on the firm’s business performance.
  • To provide value addition with desired management reports with various thought-provoking advice and recommendations rather than just do the audit.
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