Successfully Providing Public Accounting Services for 30+ Years
IFRS is now known as a common global language for business accounting so that an entity’s operations and financial performance are easily understood and compared across international boundaries.
An entity’s management is responsible for preparation and fair presentation of financial statements under International Financial Reporting Standards (IFRS). The international standards on auditing requires an auditor to issue an opinion on the fairness of the financial statements prepared under IFRS.
The compliance will help streamline financial reporting and minimize reporting cost as a result of common reporting systems and consistency in statutory reporting.
Our audit tools include paperless audit software and applications, including detailed work programs to document the audit procedures performed and supporting documents such as copies of significant contracts, bank confirmations, investment balance confirmations, legal confirmation etc. Based on our findings, we issue a report on whether the financial statements are free of material misstatements and prepared in accordance with IFRS. Our risk based approach and paperless working environment has helped us work in a very efficient and effective manner, reducing the overall cost of an audit and improving our internal documentation and compliance with appropriate professional standards.