ACA offers audit services that are focused on our clients’ specific management needs. Audit efficiency and timely preparation of reports are the cornerstone of our service delivery. Our multidisciplinary team of professionals with experience in distinct expertise e.g. internal/external audits, taxation and compliance are deployed in our clients’ premises to carryout audit assignments. Considering the existence of internal audit department, we draft the audit procedures to be adopted in carrying out the assignments. To this end we support and advice our clients on;
- Statutory Audits – among other tasks we; ensuring clients prepare accounts in accordance with the international Financial Reporting Standards (IFRS), conduct audit in accordance with the International Standards on Auditing (ISA), undertake analysis of business risks and help in identifying areas of improvement and providing high level recommendations.
- Interim audits – ACA embarks on the preparation of interim financial statements, review of clients’ internal control systems prior to statutory audits and provide high level recommendations for improvements
- Internal audits – our experienced team critically review our clients’ record keeping and internal control
- systems, evaluate the existence of corporate governance structures to support operations and ascertain that business risks and other bottlenecks are effectively managed.
- Inventory audits – We perform physical verification of inventory, evaluation of inventory control system and review of management controls over the inventory.
- Forensic Audits – we carryout confidential investigative audits, calculate and quantify losses and economic damages and as well assess accounting systems and accounts presentation in the aftermath of fraud.
- Systems audits – We review accounting software systems and undertake evaluation and testing the operations of the systems. We then thereafter highlight our observations and make recommendations at high level.
