Audit and Assurance
100% accuracy in financial records
Expert knowledge of audit compliance, management, and requirements to support your business evolution, and give your stakeholders financial confidence in your position.
Our Audit and Assurance Services
Why Adamjee Auditors for Audit & Assurance
We believe in providing independent, objective assurance and consulting audits designed to add value and improve an organization’s operations. Accomplish your organizational objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, internal controls, and governance processes.
With a quickly growing business and an expanding presence across Africa, Chemagrow International Limited knew that selecting an accounting firm that would support its growth was critical to achieving its long-term goals. Adamjee’s team of tax experts was able to advise the company throughout its expansion – covering both direct and indirect tax issues. Adamjee not only managed all of the company’s tax obligations but also provided legal compliance needs.
“Adamjee and his team were extremely helpful in assisting with filing my taxes. They were communicative, had the paperwork organized, and were transparent in the steps they needed to take in filing. I highly recommend using their services if you need assistance with more than just basic tax filings. Thanks again.”
Have questions? Check if we have already answered them below.
An audit and assurance service is designed to provide an independent and objective evaluation of a company’s financial statements, internal controls, and compliance with applicable laws and regulations. It helps enhance the credibility and reliability of financial information for stakeholders, such as investors, lenders, and regulatory bodies.
Undergoing an audit offers several key benefits. It provides an independent assessment of your company’s financial health, identifying any potential errors or irregularities. This helps instill confidence in stakeholders and ensures compliance with legal and regulatory requirements. Additionally, an audit can help uncover operational inefficiencies and provide valuable insights for improving internal controls and overall business performance.
The frequency of audits can vary depending on factors such as the size of your company, industry regulations, and stakeholder requirements. Generally, larger companies are required to undergo annual audits, while smaller businesses may opt for less frequent audits. It’s important to consult with audit professionals like Adamjee to determine the appropriate audit frequency for your specific circumstances.
An external audit is conducted by independent audit firms, while an internal audit is performed by professionals employed within the organization. External audits provide an objective assessment of financial statements and compliance, ensuring transparency and accountability to external stakeholders. Internal audits, on the other hand, focus on evaluating internal controls, risk management, and operational efficiencies to provide recommendations for improvement within the organization.
While compliance with laws and regulations is a crucial aspect of an audit, it also offers additional advantages. An audit can help identify areas of financial risk, inefficiencies, and opportunities for cost savings. It provides valuable insights into your company’s financial health, allowing for informed decision-making and strategic planning. Furthermore, an audit can enhance investor confidence, improve access to financing, and strengthen relationships with stakeholders.