Audit & Assurance Services : Statutory, Internal, Management and Operations Audits and investigations.
At NAS, we believe that the purpose of an audit is not just to express an opinion on the underlying Financial Statements, but is an opportunity to understand you, your vision and objectives. Audit and assurance services are tailored to meet the specific engagement requirements all with a universal objective of providing strategic, value additions to your business.
We believe that inherent in our audit process are procedures established to identify inherent, strategic and control risks. Our audit procedures and programs are designed to evaluate, document, identify and measure these risks with an objective to provide feedback and suggest improvements to mitigate these risks.
All attest functions are carried out under the supervision of a partner and the firm has procedures and policies in place, which ensure that while performing these services highest International quality standards are adhered to. The firm is subject to an ongoing quality control review program coordinated by the Nexia International Audit Committee carried out using procedures based on the principles underpinning the Nexia International Audit Manual.
The firm provides auditing and assurance services to clients from various industries
AUDITING AND ASSURANCE SERVICES
- Banks and financial institutions
- Ministries and governmental organizations
- Clubs and societies
- Commercial establishments
- Service companies
- Manufacturing organizations
Our audit strategy aims at providing a client focused service approach keeping in mind the professional standards of independence and objectivity along with constructive and cost effectiveness so as to enable the client to avail the valued opinions and services of the professionals adding value to their organization.
The approach focuses on the following areas:
- Gaining a thorough understanding of the client’s business
- Assessing where there is a risk of material mis-statement in the financial statements subject
to audit and considering the client’s controls to address those risks - Planning and performing audit tests designed to obtain evidence of the key financial
statement assertions - Review and quality control procedures that ensure the planned work has been carried out and
that appropriate conclusions have been reached - Forming an opinion and reporting that opinion