The audit of the financial statements refers to the verification of the financial statements of an organization with a view to  express  an audit opinion.  We perform the audits of financial statements following the International Standards on Auditing (IAS) issued by the International Audit and Assurance Standards Board (IAASB).

The objective of a financial statement audit is to determine whether the financial statements are free of material misstatement. The financial statements should give a true and fair view of the financial statements in accordance with the reporting framework. The audit of financial statements cover  the following among other things;

  • Examining  the evidence supporting the amounts and disclosures in the financial statements
  • Assessing the accounting principles used and significant estimates made by management
  • Evaluating the overall financial statement presentation

  Agreed Upon Procedures

We are also available to perform specific tests and procedures and report on the results in accordance with agreed-upon procedures. We however  provide no opinion, certification, or assurance that the assertions being made in the financial statements are free from material misstatement. The users of reports based on agreed-upon procedures must draw their own conclusions on the results of the tests reported.