Financial Audit
Financial audit is a systematic process of reviewing and evaluating the financial statements and accounting records of a company, with the objective of issuing an independent opinion on the reasonableness and reliability of the presented financial information. The financial audit services include:
Financial audit is a systematic process of reviewing and evaluating the financial statements and accounting records of a company, with the objective of issuing an independent opinion on the reasonableness and reliability of the presented financial information. The financial audit services include:
1
Verification of the
financial statements:
Includes the review of accounting records, financial statements, and other related documentation to determine whether they are prepared in accordance with generally accepted accounting principles.
2
Evaluation
of internal control:
Involves evaluating the company’s internal control systems to identify potential weaknesses in the handling of financial information.
3
Compliance
review:
Includes reviewing the company to ensure that it complies with relevant financial, legal, and tax regulations.
4
Risk
analysis:
Involves identifying and evaluating financial risks associated with the company, including risks related to investment, financing, treasury management, and operational risks.
5
Financial
advice:
Auditors can provide financial and strategic advice to improve the company’s internal control systems and financial management.
