Audit and Assurance
Statutory & External Audit
Conducting audits required by law or regulation to ensure accuracy and compliance with financial reporting standards. External audits are typically performed by independent auditors to provide an objective assessment of an organization's financial statements.
Internal Audit
Evaluating and improving the effectiveness of internal controls, risk management processes, and governance structures within an organization. Internal audits help identify areas for improvement and ensure compliance with policies and procedures.
Engagements
Providing assurance on the reliability and accuracy of financial information through agreed-upon procedures (AUP) and review procedures.
Agreed Upon Procedures (AUP): Customized procedures agreed upon by the client and auditor to address specific financial reporting or compliance concerns. The results are reported to the parties involved.
Review Procedures: Conducting limited procedures to provide a moderate level of assurance that financial statements are free from material misstatement. Reviews are less extensive than audits but provide valuable insights to stakeholders.
Forensic Audit
Investigating potential fraud, misconduct, or financial irregularities within an organization. Forensic audits involve in-depth examination of financial records, interviews, and analysis to uncover evidence that may be used in legal proceedings or internal investigations.
Advisory & Consultation
These services encompass a wide range of strategic, operational, and advisory support for businesses. Here's a brief explanation for each:
Business Strategy Support
Assisting organizations in developing and implementing strategic plans to achieve their long-term objectives and competitive advantage.
Customer Relations and Supply Chain Management
Advising on strategies to enhance customer satisfaction, optimize supply chain operations, and improve overall efficiency in delivering products or services.
HR Systems and Organizational Design
Designing and implementing human resources systems, processes, and organizational structures to align with business objectives and enhance employee productivity and engagement.
IT Strategy Preparation
Developing comprehensive IT strategies aligned with business goals to leverage technology for innovation, efficiency, and competitive advantage.
IT System Review
Evaluating existing IT systems, infrastructure, and processes to identify strengths, weaknesses, and areas for improvement.
IT Plan Preparation, Development, and Implementation Support
Assisting organizations in developing IT plans, executing IT projects, and managing the implementation of technology solutions.
Risk Management, and Compliance
Providing guidance on establishing effective governance frameworks, risk management processes, and compliance measures to ensure regulatory adherence and mitigate business risks.
Business Recovery
Assisting distressed or financially troubled businesses in developing and implementing recovery strategies to restore financial stability and operational viability.
Finance Strategy
Advising on corporate finance initiatives, including capital raising, investment decisions, mergers and acquisitions, and financial restructuring.
Cross-Border Transaction Support
Providing support and advisory services for businesses engaged in cross-border transactions, including mergers, acquisitions, joint ventures, and international expansions.
Accounting Valuation Advice
Offering expertise in valuing assets, businesses, or financial instruments for accounting purposes, financial reporting, or strategic decision-making.
Real Estate Valuation Review
Conducting reviews and assessments of real estate properties to determine their market value, investment potential, and suitability for various purposes.
Public and Private Sector Partnership Advice
Providing guidance and support for collaborations between public and private sector entities, including partnerships, alliances, and joint ventures, to achieve mutual objectives and deliver public services efficiently.
These services aim to support organizations in various aspects of strategic planning, operations management, risk mitigation, and financial decision-making to drive sustainable growth and success.
Reporting, Accounting & Tax
IPSAS advise and support
Advisory Services: Providing guidance and recommendations to organizations on the application and interpretation of IFRS, ensuring compliance and accurate financial reporting.
Support Services: Assisting organizations in the practical implementation of IFRS, addressing specific challenges, and offering solutions to ensure the proper adoption of international accounting standards
IPSAS (International Public Sector Accounting Standards):
Advisory Services: Offering guidance and expertise to public sector entities on the application and interpretation of IPSAS, ensuring transparency and accountability in financial reporting.
Support Services: Assisting public sector organizations in the implementation of IPSAS, providing spractical solutions and support to navigate the complexities of public sector accounting standards.
Business integration support
Definition: Providing assistance and guidance during the process of integrating different businesses, ensuring a smooth transition, and addressing financial and accounting considerations.
Separate and consolidated financial statements preparation
Separate Financial Statements: Preparing individual financial statements for separate legal entities within a group.
Consolidated Financial Statements: Aggregating the financial statements of multiple entities within a group to present a comprehensive view of the entire group's financial position.
Budgeting Control
Definition: Implementing processes and systems to plan, monitor, and control budgets effectively. This involves setting financial targets, comparing actual performance against budgeted figures, and making adjustments as needed.
Cost management restructuring
Definition: Evaluating and optimizing the cost structure of an organization through restructuring initiatives. This may involve cost reduction strategies, process improvements, and resource reallocation.
Tax return preparation and submission
Definition: Managing the process of preparing and filing tax returns with the relevant tax authorities. Ensuring compliance with tax regulations and deadlines.
Tax computation and review
Tax Computation: Calculating the amount of tax owed based on applicable tax laws and regulations.
Review: Ensuring the accuracy and completeness of tax computations, identifying potential areas for optimization or compliance improvement.
Tax advise and technical support
Tax Advice: Providing strategic guidance on tax matters, including planning for optimal tax outcomes.
Technical Support: Offering expertise and assistance on complex tax issues, ensuring compliance with ever-changing tax regulations.