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.

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Our Audit and Assurance Services

Operational audit

Assess risks and internal controls of operational systems for your company's departments, units, and functions. Determine whether operations are running efficiently, effectively, and in accordance with corporate goals.
Financial audit

Assess and evaluate accounting and financial reporting of transactions and activities. Have your financial activity accurately reflected in appropriate financial reports and in accordance with regulations.
Investigation audit

Investigate any inappropriate activity or behavior involving your company's accounts and operations, such as fraud, waste, or abuse of the organization's funds/assets.
Investigation system audit

Evaluate how automated information processing systems, technology, architecture, and processes produce accurate information while adhering to corporate policies and procedures as well as applicable laws and regulations.

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.

Accuracy and completeness of your accounting records verified.
Business accounting records prepared by applicable accounting frameworks.
Ensure financial statements fairly display the financial results and position of your company.
Improve internal systems and controls.
Meet statutory requirements and regulations in your industry.
Detect weaknesses in your organization’s systems and controls and get strategies to strengthen these to prevent fraud.

Success Stories

FINANCIAL AUDIT

Fertilizer supplier | Chemagrow International Limited

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.”

FAQ

Have questions? Check if we have already answered them below.

What is the purpose of an audit and assurance service?

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.

Why is it important for my company to undergo an audit?

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.

How often should my company undergo an audit?

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.

What is the difference between an external audit and an internal audit?

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.

How can an audit and assurance service benefit my company beyond compliance?

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.